The Adani group is financially stronger now than during the short-seller Hindenburg attack, with reduced share pledges, low leverage, and increased promoter holdings. Debt has slightly increased but profits have grown more, lowering leverage. The group's cash reserves have also risen significantly, and their funding sources have diversified, reducing reliance on domestic banks. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.