Thread by @stockswithkavi

Some reasons why the Adani Group is still a good investment.

A thread:

1)Adani's strong financials: total assets of ₹10 lakh crore and debt of only ₹1.8 lakh crore show stability and strength. A solid foundation for future growth. #AdaniGroup

2)Adani's ownership structure sets it apart: he personally owns 70% of the company, with only 5-8% in public hands and 10-15% with foreign investors. Unlike other companies listed in stock markets with 55-60% public ownership, Adani's control minimizes risk of manipulation

and loss. And this can be considered as a strong point for the future of the company.

3)Big Mutual fund companies in India invest 4-8% in Adani group, showing their trust in its reliability and safety. Middle class invests in Mutual funds for security, and this investment by top companies confirms Adani's credibility. #MutualFunds #Adani #Investment

4)Adani operates 13 of India's major ports, which contributes 10% to the total revenue of Adani Group. Ports are a nation's lifeline and a steady industry, providing stability for Adani group. #Adani #Ports #Revenue

5)One more important thing to notice is that, even though Hindenburg published the alleged report on Adani's scam, his upcoming #FPO worth ₹20,000 crores got fully subscribed. This shows that investors trust Adani group despite the negative news.

Adani prioritizes investors' well-being over profit, as evidenced by cancelling fully subscribed FPO. Their commitment to doing right by their stakeholders sets them apart. #Investment

6)34 years of proven success: Adani has earned the trust of the people, government, foreign investors and even BlackRock, the world's largest asset management company. Their longevity in the Indian market speaks to their stability and reliability. #Adani #Investment #Blackrock