Adani stocks on the rise as debt repayment plans attempts to soften investor sentiment

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Shares of companies linked to Indian conglomerate Adani Group were mostly clawing back on Wednesday after a rough couple of weeks as some units unveiled...

Shares of companies linked to Indian conglomerate Adani Group were clawing back territory on Wednesday after a rough couple of weeks as some units unveiled plans to repay its debt.

It... Shares of companies linked to Indian conglomerate Adani Group were clawing back territory on Wednesday after a rough couple of weeks as some units unveiled plans to repay its debt. It comes as Adani Ports mulls plans to repay debt amounting to 50 billion rupees over the next financial year.

 

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Adani group stocks surge after $113 billion market wipeoutShares in India's Adani Group rallied on Tuesday a day after it prepaid some loans, bringing relief to investors that have seen $113.6 billion wiped off the conglomerate's market value since a U.S. short-seller published a critical report two weeks ago. HindutvaTerrorism
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