Discover and read the best of Twitter Threads about #adanigroup

Most recents (24)

"100+ Days After Hindenburg Report: Adani Group's Stock Market Review"ЁЯУЙ

Summary:

ЁЯФ╢Total Market Cap Loss: ЁЯФ╗$120B
ЁЯФ╢Most Fallen Adani Stock: ATGL ЁЯФ╗80%
ЁЯФ╢Most Resilient Stock: Adani Ports ЁЯФ╗10%

Detailed Look at 9 Companies Under AdaniЁЯз╡

#HindenburgReport #SEBI #AdaniGroup Image
1) Adani Ent

ЁЯФ╢Share price ~ 44% lower
ЁЯФ╢Market Cap Loss ~173,918 Cr($ 21.2B)
ЁЯФ╢PE Ratio~ 75% drop from 321 to 81
2) ATGL

ATGL stands for Adani Total Gas Limited which operates in the natural gas distribution and marketing sector in India.

ЁЯФ╢Share price ~ 80% lower
ЁЯФ╢Market Cap Loss ~343,780 Cr($41.9B)
ЁЯФ╢PE Ratio~ 82% drop from 884 to 156
Read 11 tweets
#MintPlainFacts | Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.

Read here: livemint.com/industry/retaiтАж Image
#MintPlainFacts | IndiaтАЩs retail #inflation eased to a 15-month low of 5.66% in March, data released on Wednesday showed.

This is the first time in three months that inflation has come in below #RBI's upper tolerance limit of 6%.

Read here: livemint.com/industry/retaiтАж Image
#MintPlainFacts | The automobile industry recovered the majority of its lost ground in 2022-23, with sales of retail vehicles jumping by 21%.

Read here: livemint.com/industry/retaiтАжтАж Image
Read 6 tweets
"Adani Group Two Months Post-Hindenburg: Standing at $116 Billion Value Loss"

A Look at 9 Companies Under Adani GroupЁЯз╡ЁЯСЗ

1) Adani Ent

ЁЯФ╢Share price ~ 50% lower
ЁЯФ╢Market Cap Loss ~194,489 Cr($ 23.7B)
ЁЯФ╢PE Ratio~ 69% drop from 321 to 101

#Adanigroup #Hindenburg #Adani Image
2) ATGL

ATGL stands for Adani Total Gas Limited which operates in the natural gas distribution and marketing sector in India.

ЁЯФ╢Share price ~ 74% lower
ЁЯФ╢Market Cap Loss ~318,175 Cr($38.8B)
ЁЯФ╢PE Ratio~ 75% drop from 884 to 221
3) Adani Green

The company operates and develops renewable power projects in India, including solar, wind, and hydroelectric power plants.

ЁЯФ╢Share price ~ 45% lower
ЁЯФ╢Market Cap Loss ~138,912 Cr($16.9B)
ЁЯФ╢PE Ratio~ 53% drop from 558 to 264
Read 10 tweets
A #BRILLIANT move by the @FinMinIndia hit 4 birds with one stone by introducing 3 changes in the Finance Bill. The 3 birds..
1) Higher Tax Collections
2) Capital Controls
3) Bank Deposits
4) Lower cost of Govt funding.
But will HURT GROWTH. Long #THREAD
What are the changes
1) End of LTCG on #debt, Gold ETFs, Overseas or Any mutual fund that invests in less than 35% india equity bought after 1 Apr-23
2) STT Raised by 25%
3) Tax Collected at Source (TCS) raised to 20% (5% earlier) & threshold reduced to Zero (Rs7 lac earlier)
TRIGGER POINT: The Banking system is facing a shortage of liquidity => PRIMARY motive for the Changes in the Finance Bill in my opinion.

WHAT CAUSED THE LIQUIDITY CRUNCH? Weak Deposit growth vs credit growth.... also reflected in rising Credit/Deposit ratio ImageImage
Read 28 tweets
Opposition wants #JPC on #HindenburgReport & #AdaniGroup
Experience says JPCs are a waste of parliament time let us see the outcome of all from the inception in below thread ....
1:Bofors Scandal 1987 The committee, held 50 sittings and gave its report on April 26, 1988. Opposition parties boycotted the committee on the ground that it was packed with Congress members. The #JPC report was tabled in the Parliament, but it was rejected by the Opposition.
2:Harshad Mehta Stock market scam 1992
The recommendations of the #JPC were neither accepted in full nor implemented.
3)Ketan Parekh Stock Market scam 2001
JPC held 105 sittings & gave a report on Dec19, 2002. Many of the JPC recommendations were diluted later in Stock Market
Read 6 tweets
#рдЬрд┐рдУ_рдкреЙрд▓рд┐рдЯрд┐рдХреНрд╕
#AdaniGroup
рдХрд▓ рд╕реЗ рдПрдХ рдирд╛рдо рдмрд╛рд░ рдмрд╛рд░ рд╕рд╛рдордиреЗ рдЖ рд░рд╣рд╛ рд╣реИ Sovereign wealth fund

рдореАрдбрд┐рдпрд╛ reports рдХреЗ рд╣рд╡рд╛рд▓реЗ рд╕реЗ рдХрд╣рд╛ рдЬрд╛ рд░рд╣рд╛ рд╣реИ рдХрд┐ рдЕрдбрд╛рдиреА рдЧреНрд░реБрдк рдиреЗ sovereign wealth fund рд╕реЗ 3 рдмрд┐рд▓рд┐рдпрди рдбреЙрд▓рд░ рдЛрдг рд▓рд┐рдпрд╛ рд╣реИ рдЬреЛ рдЖрдЧреЗ рдмрдврд╝ рдХрд░ 5 рдмрд┐рд▓рд┐рдпрди рддрдХ рднреА рдЬрд╛ рд╕рдХрддрд╛ рд╣реИрдБ, рдЦрдмрд░
рдЖрдиреЗ рдХреЗ рдмрд╛рдж рдЕрдбрд╛рдиреА рдЧреНрд░реБрдк рдиреЗ рдЗрд╕ рддрд░рд╣ рдХреЗ рдХрд┐рд╕реА рдЛрдг рд╕реЗ рдЗрдВрдХрд╛рд░ рдХрд┐рдпрд╛ рд╣реИ.

Now рд╕рдмрд╕реЗ рдмрдбрд╝рд╛ рд╕рд╡рд╛рд▓ рдпрд╣ рд╣реИ рдХрд┐ рдпреЗ sovereign wealth fund рд╣реИ рдХреНрдпрд╛ рдЪреАрдЬ?? рдХрд┐рд╕рдиреЗ рдмрдирд╛рдИ рдХрдм рдмрдирд╛рдИ рдХреНрдпреВрдВ рдмрдирд╛рдИ рдФрд▒ рдЕрдбрд╛рдиреА рдХреЛ рдХреМрдирд╕реЗ sovereign wealth fund рдиреЗ рдкреИрд╕реЗ рджрд┐рдП??
Sovereign wealth fund рд╣рд░реЗрдХ рджреЗрд╢ рдХрд╛ рдЕрдкрдирд╛ рдПрдХ рдЕрд▓рдЧ рд╡рд┐рд╢реЗрд╖ fund рд╣реЛрддрд╛ рд╣реИ рдЬрд┐рд╕реЗ рдЖрдкрд╛рддрдХрд╛рд▓реАрди рд╕реНрдерд┐рддрд┐ рдореЗрдВ use рд▓рд┐рдпрд╛ рдЬрд╛рддрд╛ рд╣реИ. рдорддрд▓рдм рдпрд╣ рд╣реБрдЖ рдХрд┐ рдЗрд╕ fund рд╕реЗ рдХреЛрдИ рдЧрд╛рд░рдВрдЯреА рдпрд╛ рдмрд╛рдВрдб рдпрджрд┐ рдЬрд╛рд░реА рд╣реЛрддрд╛ рд╣реИ рддреЛ рдорддрд▓рдм рдпрд╣ рд╣реБрдЖ рдХрд┐ рдЙрд╕ рджреЗрд╢ рдХреА рд╕рд░рдХрд╛рд░ рдпрд╣ рдЬрд┐рдореНрдореЗрджрд╛рд░реА рдЦреБрдж рдкрд░ рд▓реЗрддреА рд╣реИ рдЙрдХреНрдд рдЧрд╛рд░рдВрдЯреА рдХреА.
Read 14 tweets
#AdaniGroup #GQGPartners $2Bn Block Deal is FAILSthe SMELL TEST in my opinionтАж.. here is why

1) Avg PE Multiple of all the PUBLIC Portfolios of #GQGPartners is 7 to 8X тАж. Adani Stocks bought are at 25x, 144x, 89x & 77x.
2) NO MONEY goes to the Co. ONLY PROMOTER margin call
LetтАЩs look at #GQGPartners in more detail. Here is an interesting Interview & Bloomberg

On the 3rd Minute he discusses Adani. Does not matter in my view & I will explain in new few tweets gqgpartners.com/insights/bloomтАж
Average Price Earnings (PE) of EM Portfolio is just 7X тАж all Adani Stocks are 26X to 144X Image
Read 21 tweets
News of the day:

1. #AdaniGroup Debt : рдПрдХ рджрд┐рди рдкрд╣рд▓реЗ рдЦрдмрд░ рдЖрдИ рдереА рдХрд┐ рдЕрджрд╛рдгреА рдЧреНрд░реБрдк рдиреЗ рд╕рдВрднрд╡рддрдГ рдорд┐рдбрд┐рд▓ рдИрд╕реНрдЯ рдХреЗ рдПрдХ рд╕реЙрд╡рд░реЗрди рд╡реЗрд▓реНрде рдлрдВрдб рд╕реЗ 3 рдЕрд░рдм рдбреЙрд▓рд░ рдХрд╛ рд▓реЛрди рдЬреБрдЯрд╛ рд▓рд┐рдпрд╛ рд╣реИред рд╣рд╛рд▓рд╛рдВрдХрд┐, рдЕрднреА рдЖрдзрд┐рдХрд╛рд░рд┐рдХ рдмрдпрд╛рди рдХрд╛ рдЗрдВрддрдЬрд╛рд░ рд╣реИ рд▓реЗрдХрд┐рди рдмреНрд▓реВрдордмрд░реНрдЧ рдиреЗ рдЦрдмрд░ рджреА рд╣реИ рдХрд┐ рдХрдВрдкрдиреА рдиреЗ рд╕рд╛рдл рдХрд░ рджрд┐рдпрд╛ рд╣реИ рдХрд┐ рдХрд░реНрдЬ рд╕реЗ рдЬреБрдбрд╝реА рдпрд╣ рд░рд┐рдкреЛрд░реНрдЯ
рд╕рд╣реА рдирд╣реАрдВ рд╣реИ 2.рдЬрд╛рдкрд╛рдиреА рдЗрдирд╡реЗрд╕реНрдЯрдореЗрдВрдЯ рдлрд░реНрдо рд╕реЙрдлреНрдЯрдмреИрдВрдХ (SoftBank) рдиреЗ рдПрдХ рдмрд▓реНрдХ рдбреАрд▓ рдореЗрдВ рд▓реЙрдЬрд┐рд╕реНрдЯрд┐рдХ рдлрд░реНрдо рдбреЗрд▓реНрд╣реАрд╡реЗрд░реА (#Delhivery ) рдХреЗ 954 рдХрд░реЛрдбрд╝ рд░реБрдкрдпреЗ рдХреЗ рд╢реЗрдпрд░ рдмреЗрдЪреЗ рд╣реИрдВред рдЗрди рд╢реЗрдпрд░реЛрдВ рдХреЛ 340 рд░реБрдкрдпреЗ рдкреНрд░рддрд┐ рд╢реЗрдпрд░ рдХреЗ рднрд╛рд╡ рдкрд░ рдмреЗрдЪрд╛ рдЧрдпрд╛ рд╣реИред #BSE рдкрд░ рдореМрдЬреВрдж рдЖрдВрдХрдбрд╝реЛрдВ рд╕реЗ рдпреЗ рдЬрд╛рдирдХрд╛рд░реА рдорд┐рд▓реА рд╣реИред рдЬрд╛рдкрд╛рдиреА рдлрдВрдб рдиреЗ рдЖрдИрдкреАрдУ рд╕
реЗ рдкрд╣рд▓реЗ рдбреЗрд▓реНрд╣реАрд╡реЗрд░реА рдореЗрдВ рдХрд░реАрдм 38 рдХрд░реЛрдбрд╝ рдбреЙрд▓рд░ (3,100 рдХрд░реЛрдбрд╝ рд░реБрдкрдпреЗ) рдХрд╛ рдирд┐рд╡реЗрд╢ рдХрд┐рдпрд╛ рдерд╛

3.рдлрд╛рдЗрдиреЗрдВрд╢рд┐рдпрд▓ рд╕реЗрд╡рд╛рдПрдВ рджреЗрдиреЗ рд╡рд╛рд▓реА рджреЗрд╢ рдХреА рд╕рдмрд╕реЗ рдкреНрд░рдореБрдЦ рдХрдВрдкрдирд┐рдпреЛрдВ рдореЗрдВ рд╕реЗ рдПрдХ рдмрдЬрд╛рдЬ рдлрд┐рдирд╕рд░реНрд╡ (Bajaj Finserv) рдЕрдм рдЬрд▓реНрдж рд╣реА рдореНрдпреВрдЪреБрдЕрд▓ рдлрдВрдб (Mutual Fund) рдмреЗрдЪрддреЗ рд╣реБрдП рджрд┐рдЦ рд╕рдХрддреА рд╣реИред рд╕рд┐рдХреНрдпреЛрд░рд┐рдЯреАрдЬ рдПрдВрдб рдПрдХреНрд╕рдЪреЗрдВрдЬ рдмреЛрд░реНрдб рдСрдл рдЗрдВрдбрд┐рдпрд╛
Read 5 tweets
#AdaniEnterprises Gentle REMINDER ...
Chart shows there is Absolutely NO VOLUMES between Rs1000 and Rs500.... So if #AdaniEnterprises breaks below Rs1000... it will be a free Fall.... Just a word of caution. Not a RECO.
At this rate MSCI, NIFTY and FTSE could all remove the stock тАж. That will be a disaster for @LICIndiaForever and @socialepfo

#PUBLIC Money at Risk ?
Who is Selling #AdaniEnterprises day in and Day out? Here is the shareholding.... you can guess who it is... Its quite obvious. REMEBER that ETF, Index funds cannot Sell. Image
Read 4 tweets
реирек рдЬрд╛рдиреЗрд╡рд╛рд░реАрд▓рд╛ рд╣рд┐рдВрдбреЗрдирдмрд░реНрдЧрдиреЗ #AdaniGroup рдЪреНрдпрд╛ рд╡рд┐рд░реЛрдзрд╛рдд рдПрдХ рд░рд┐рд╕рд░реНрдЪ рд░рд┐рдкреЛрд░реНрдЯ рдкрдмреНрд▓рд┐рд╢ рдХреЗрд▓рд╛ рдЖрдгрд┐ рдпрд╛ рдЧреНрд░реБрдкрдордзреАрд▓ рд╕реНрдЯреЙрдХреНрд╕рдЪреНрдпрд╛ рдкреНрд░рд╛рдИрдЬ рдзрдбрд╛рдзрдб рдХреЛрд╕рд│рд▓реНрдпрд╛. рд╣рд╛ рд░рд┐рдкреЛрд░реНрдЯ рдкрдмреНрд▓рд┐рд╢ рд╣реЛрдКрди рдЖрддрд╛ рдПрдХ рдорд╣рд┐рдирд╛ рдЙрд▓рдЯреВрди рдЧреЗрд▓рд╛ рдЖрд╣реЗ. рдпрд╛ рдПрдХрд╛ рдорд╣рд┐рдиреНрдпрд╛рдд рдШрдбрд▓реЗрд▓реНрдпрд╛ рдШрдбрд╛рдореЛрдбреАрдВрдЪрд╛ рдереЛрдбрдХреНрдпрд╛рдд рдЧреЛрд╖рд╡рд╛рд░рд╛. #Thread #HindenburgReport #рдо #рдорд░рд╛рдареА
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реирек рдЬрд╛рдиреЗрд╡рд╛рд░реАрд▓рд╛ рдпрд╛ рдЕрдореЗрд░рд┐рдХрди рдХрдВрдкрдиреАрдиреЗ рдЖрдкрд▓рд╛ рд░рд┐рд╕рд░реНрдЪ рд░рд┐рдкреЛрд░реНрдЯ рдкрдмреНрд▓рд┐рд╢ рдХрд░рдд рдЕрджрд╛рдиреА рдЧреНрд░реБрдк рджрд╣рд╛ рд╡рд░реНрд╖рд╛рдВрдкрд╛рд╕реВрди 'рд╕реНрдЯреЙрдХ рдореЕрдирд┐рдкреНрдпреБрд▓реЗрд╢рди рдЖрдгрд┐ рдЕрдХрд╛рдКрдВрдЯрд┐рдВрдЧ рдлреНрд░реЙрдб' рдХрд░рдд рдЕрд╕рд▓реНрдпрд╛рдЪрд╛ рджрд╛рд╡рд╛ рдХреЗрд▓рд╛. #LIC рдЪреА #AdaniGroup рдордзреНрдпреЗ рейреж,режрежреж рдХреЛрдЯреА рд░реБрдкрдпрд╛рдВрдЪреА рдЧреБрдВрддрд╡рдгреВрдХ рдЕрд╕рд▓реНрдпрд╛рдореБрд│реЗ рддреЗрд╣реА рдпрд╛рдд рдУрдврд▓реЗ рдЧреЗрд▓реЗ. #Thread #HindenburgReport
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реирем рдЬрд╛рдиреЗрд╡рд╛рд░реАрдкрд░реНрдпрдВрдд рдЕрджрд╛рдиреА рдЧреНрд░реБрдкрдордзреАрд▓ рдХрдВрдкрдиреНрдпрд╛рдВрдЪреЗ рд╢реЗрдЕрд░реНрд╕ рдореЛрдареНрдпрд╛ рдкреНрд░рдорд╛рдгрд╛рдд рд╡рд┐рдХрд▓реЗ рдЧреЗрд▓реЗ рдЖрдгрд┐ рдмреНрд▓реВрдордмрд░реНрдЧрдиреБрд╕рд╛рд░ рддреНрдпрд╛рдВрдиреА резрежреж рдмрд┐рд▓рд┐рдпрди рдбреЙрд▓рд░рд╣реВрди рдЕрдзрд┐рдХ рдорд╛рд░реНрдХреЗрдЯ рд╡реНрд╣реЕрд▓реНрдпреВ рдЧрдорд╛рд╡рд▓реА. рддреНрдпрд╛рдирдВрддрд░рджреЗрдЦреАрд▓ рдЕрджрд╛рдиреА рдЧреНрд░реБрдкрдЪреА рд╕рдВрдкрддреНрддреА рдШрдЯрддрдЪ рд░рд╛рд╣рд┐рд▓реА рдЖрдгрд┐ рддреНрдпрд╛рдВрдЪрд╛ FPO рдлрдХреНрдд рез рдЯрдХреНрдХреЗ рд╕рдмрд╕реНрдХреНрд░рд╛рдИрдм рдЭрд╛рд▓рд╛. #Thread #HindenburgReport
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Read 11 tweets
People in affluent Nation slog their entire lives and allow governments to deduct Income Tax at very high rates (50 to 60%)

This money, their Government hands over to investment bankers. With the profits they maintain a social security system that helps people in their old age
@gautam_adani developed a sense of credibility with the fund managers who manage these pension funds by leveraging on the @PMOIndia.

His proximity and intimate relationship with @narendramodi gave a message to the investors that they can trust Adani
@narendramodi extracted his piece of flesh by making Adani pay for his political career which involved full throttled use of free cash to buy MLAs, topple democratically elected governments, fund Election Campaigns, hacking EVMs, bribing & build a war chest at their Party office
Read 7 tweets
тАШLIC investments in #AdaniGroup now turns NegativeтАЩ ЁЯЪи

Initial investment: тВ╣ 30,127 Cr

December: тВ╣ 62,550 Cr
January: тВ╣ 56,142 Cr
Now: тВ╣ 29,721 Cr

#LIC has lost more than тВ╣ 30,000 Cr in just two months & is now valuing less than its initial investment.
The tweet is from date: 10th Nov 2022,

Months before the @HindenburgRes report. Bhakts mocked telling that #Adani group is one of the most profitable investment for LIC. Look what has happened now ЁЯЩП

@KTRBRS @pbhushan1 @prakashraaj
Minister @KTRBRS have pointed out the same & seriously addressed the threat in January.

Look at the responses given by bhakts. Can anyone answer today?
Read 3 tweets
тнРя╕ПWikipedia accuses Gautam Adani and Group Staff for ' Manipulated Entries!!!
#Thread https://www.msn.com/en-in/news/world/gautam-adani-or-group-s
1. In the latest incident, The Signpost, an online newspaper of the Wikimedia movement has hinted that Gautam Adani, or his employees could've "improperly" edited Wikipedia.
#Adani #wikkipedia #India
2. Even while making this allegation in The Signpost, the author of the article, Smallbones, has given a plausibility of a Wikipedia editor's identity being non-authentic.
#Adani #wikkipedia #India
Read 25 tweets
Enticement of #SanjivChadha, CEO & MD Bank of Baroda, to continue providing fresh loans to the tainted #Adani group, which lost over 50% of its net worth during past 4 weeks, could be whatever.

India, Remember it's not personal money
businesstoday.in/latest/corporaтАж via @businesstoday
@bankofbaroda is playing with your money.

While every global financial institution has issued a Red Alert on #AdaniGroup and its devious methods, Mr Sanjiv Chadha proudly announces his resolve to pour more of your money to a group that the entire world sees as a fraudster
Dear India
We have 2 Options

1. Kick out CEO & MD of @bankofbaroda and replace him with a person of Integrity

2. Close your accounts with BoB and shift it into a bank which is not compromised

Can Banks who have nothing to do with Adani kindly raise their hands please ЁЯЦРя╕П
Read 4 tweets
#Adanigroup

The Indian investment pipeline is very large at about Rs.240 trillion in nearly 28,000 projects.
The Adani-group projects account for a miniscule 3% of this potential investment. But, they have the largest share in India's investments pipeline compared to any

+
other large private business group in India.

Adani group is currently implementing or has announced intentions to implement 191 large projects in India involving investments of over Rs.7 trillion. It has also completed 123 projects worth another Rs.1 trillion.

2/n
To place these numbers in perspective, the total investments on hand by the Adani group is equal to all projects in the CapEx database that are usually completed in a year. The ongoing Adani projects would take several years to complete but the comparison indicates the
3/n
Read 7 tweets
ЁЯЪи"Adani Group Pledges More Shares: Unraveling the Reason Behind the Move"

[THREADЁЯз╡]

1) SBICAP Trustee said that 3 Adani companies(Adani Transmission/Adani Green/Adani Ports) have pledged additional shares for lenders of Adani Ent.

#AdaniGroup #AdaniEnterprises #AdaniFiles
2) This could be because of Margin Call from the lenders to Adani Group.

3) What is Margin call?

When company's shares go down below a preset value that can cover bank's loan value, the bank will ask for more money or shares as a guarantee that the loan will be paid back.
4) Given the recent decline in Adani Group's stock prices, it is possible that the lenders may have requested additional margin for security.
Read 8 tweets
ЁЯЪи: The #AdaniGroup has hired тАШ#WachtellтАЩ, one of the Wall Street's fiercest defense law firms to take on US short seller #HindenburgResearch, which accused the Indian conglomerate of stock manipulation and fraud.

It is the same firm that Elon Musk hired to fight Twitter.
The development comes as billionaire Gautam Adani remains focused on reassuring investors that his business empire has been built on a strong foundation and faces no financial risk.
тАЬFor decades, Wachtell has been among the most sought-after advisers by besieged corporate boards at some of the largest US companies trying to fend off activist investors or hostile takeovers,тАЭ the FT said in its article.
Read 6 tweets
Dalit writer & poet Sukirtharani has refused to accept the Devi Awards citing that the main sponsor of the award ceremony is the #AdaniGroup & accepting any awards sponsored by them is against her ideology. Sukirtharani, who is known for her literary works on Dalit women's rights Image
The New Indian Express group presents the 'Devi Awards' to 12 women personalities who are selected from across the nation for their contribution to their respective fields of work....
"I learned that the main sponsor of the event is Adani only yesterday. I don't feel happy to receive an award from an organization or at an event that is financially supported by the Adani Group, for the politics I speak about and the ideologies I believe in. So, I refuse"
Read 3 tweets
Unable to counter the @HindenburgRes allegations against #AdaniGroup, the Indian rightwing zealots, probably with support of the Govt, ios seeking to rope in the #SupremeCourt to shield #SEBI fromthe need to investigate.
1. They first want to go after #Hindenburg
Next, they want to gag any discussion of the stock valuation problems of the #AdaniGroup.
Botht are misguided. The Supreme Court should take a straightforward approach.
1. The Courts cannot prevent investors from losing their shirts in the stockmarket. They must be allowed to lose their investments just as they are entitled to keep their gains.
Read 8 tweets
#IMPORTANT The #MSCI Weight Reduction in #AdaniGroup is Just the Start of more events to come.

I highlighted the likelihood of #MSCI in the #THREAD BELOW
1/n what did MSCI Say ?
"MSCI has received feedback from a range of market participants concerning the eligibility"
тАЬCharacteristics of certain investors have sufficient uncertainty that they should no longer be designated as free float pursuant to our methodology.тАЭ
=> basically MSCI felt there is truth in what #Hindenburg portrayal of a "Close Relationship" with the FIIs
MSCI Also Said
"This determination has triggered a free float review of the Adani Group securities" which will be informed in Mid-feb and implemented by End-feb
Read 17 tweets
ЁЯУвAdani Bonds worth $1 Bn finds Buyers in international market

This comes after bonds were being hammered in the international market as institutions started rejecting them as collateral

Adani Enterprises Limited (AEL) scrip is ~15% today
Covering all news about the Adani group

Sharing only facts. No biases

Follow me (@BahlKanan) and hit the bell icon to stay updated
#Adani #AdaniGroup #AdaniGreen #AdaniPorts #AdaniTransmission #AdaniEnterprises #AdaniEnterprises

Disclaimer: Not investment advice

Disclosure: No position held
Read 4 tweets
ЁЯУвAdani Transmission with a PE over 100 posted Revenue Growth of 16%

Q3 Result [THREADЁЯз╡]

1) ATL operates in 2 segments:

a) Transmission: Power transfer from generating station to substation

b) Distribution: Power distribution from substation to consumers

#AdaniGroup #Adani
2) The company's profits, not including a one-time gain of 240 Crores, fell 14% compared to last year, making it 238 Crores.

However, if we include the one-time gain, the profit becomes 478 Crores."
3) The company's revenue increased by 16% to reach 3,037 Crores Rupees, with distribution business contributing 69% and transmission business contributing 31%
Read 5 tweets
ЁЯЪи 2 Benefits of Paying Back 9,100+ Cr Worth Loan by Adani group

[THREADЁЯз╡]

1) This loan is taken against pledged shares that can trigger margin calls if the share price goes down beyond a point.

#Adani #AdaniGroup #AdaniEnterprises
In case of a margin call, Banks can sell those pledged stocks to recover their money.

This can further intensify selling pressure on Adani stocks in the market.

Hence, releasing those pledged stocks will reduce the risk of margin calls and further selling.
2) Paying back the loan amount will also give a message in the market that Adani group has the cash to pay back its dues so they are not at default risk.

This can create a positive sentiment among investors toward Adani group stocks.
Read 5 tweets
ЁЯУв Adani group prepays bank loan against shares worth тВ╣9,174 Cr. ($1.1 Bn) in:

ЁЯСЙ Adani Green Energy
ЁЯСЙ Adani Ports
ЁЯСЙ Adani Transmission

"This is in continuation of promotersтАЩ assurance to prepay all share backed financing", the Group said

What are your thoughts?ЁЯСЗ
Covering all news about the Adani group

Sharing only facts. No biases

Follow me (@BahlKanan) and hit the bell icon to stay updated
#Adani #AdaniGroup #AdaniGreen #AdaniPorts #AdaniTransmission #AdaniEnterprises #AdaniEnterprises

Disclaimer: Not investment advice

Disclosure: No position held
Read 4 tweets

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