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Jefferies Adani Group: Jefferies bullish on Adani Group on the back of a renewed expansion spree

Adani Group, rebounding from market losses caused by a US short seller report in early 2023, is now on an "expansion spree," aiming for a USD 90 billion capex over the next decade. Jefferies reports a 40% YoY EBITDA growth, with focus on debt containment and fresh funds. Various Adani companies witnessed significant developments, including acquisitions, power plant commissioning, and renewable energy capacity addition. ....

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"Adani Group is back on expansion spree": Jefferies bullish on group companies

"Adani Group is back on expansion spree": Jefferies bullish on group companies
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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'Adani Group Is Back On Expansion Spree': Jefferies Bullish On Group Companies

Post the Hindenburg report, the group had erased close to USD 150 billion in its market value. ....

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Adani Group: Financial Times report against Adani Group is just for noise: Cantor Fitzgerald

Cantor Fitzgerald dismisses recent Financial Times report on Adani Group as market noise, indicating investors confidence remains intact. Adani Enterprises shares surged 8.2% following the allegations, marking a tenth consecutive day of market capitalization gains. Adani Group refuted the accusations, citing contractual obligations and rigorous testing processes, while Cantor highlighted discrepancies in the FT report s sources and noted India s growth trajectory as favorable for Adani Enterprises despite controversies. ....

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Financial Times report against Adani Group is just for noise: Cantor Fitzgerald

Financial Times report against Adani Group is just for noise: Cantor Fitzgerald
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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