Team-BHP
(
https://www.team-bhp.com/forum/)
Adani-Hindenburg row: Centre agrees to SC proposal of setting up of a panel of experts on regulatory mechanism
On February 10, the top court said the interests of Indian investors need to be protected against market volatility in the backdrop of the Adani stocks rout.
https://indianexpress.com/article/in...anism-8442654/
Quote:
Originally Posted by vishnurp99
(Post 5494129)
Elara capital used to have around 5% of Adani enterprises if you look at older disclosures. The Dec BSE disclosure that you shared suggests that the percentage is 1.6%. That is what you would expect a typical shareholder to do. Basically cash out over a year long rally in Adani prices especially when you feel that valuations are getting stretched.
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Yes. Adani group inflated the stock prices very well knowingly that retailers are always the last to enter.
They used SBI, LIC and the retailers like us. And people who lost money aren't complaining because anti adani is anti india.
I might've lost the track considering how busy this thread is! Can someone help me understand why Anti-Adani is Anti-India? Is it just sentiment? Even if it's a scam, why link it to country than just the entity running the business?
Quote:
Originally Posted by msdivy
(Post 5491094)
What if Hindenburg had not happened? What would the story be then? Will Adani would have honored all his debts?
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Quote:
Originally Posted by ninjatalli
(Post 5491134)
Short answer: yes.
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Quote:
Originally Posted by jaaz
(Post 5492685)
Never.
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Same question - 2 different answers :)
Quote:
Originally Posted by gururajrv
(Post 5495206)
Can someone help me understand why Anti-Adani is Anti-India?
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My question was reasonably objective and I got 2 different answers. Your question is highly subjective!
Quote:
Originally Posted by gururajrv
(Post 5495206)
I might've lost the track considering how busy this thread is! Can someone help me understand why Anti-Adani is Anti-India? Is it just sentiment? Even if it's a scam, why link it to country than just the entity running the business?
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Below a para from Adani’s 413 page response to Hindenburg after their allegations.
Quote:
This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India.
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https://www.adani.com/-/media/Projec...2023.pdf?la=en
Just posting this below since there were some comments saying Anti - Adani is Anti "All corporates". They are doing well and will continue to prosper. Adani group just was a rotten apple.
Adani Group crisis likely to leave India’s conglomerates unscathed
Quote:
The dramatic fall in the Adani Group’s shares following allegations by Hindenburg Research is unlikely to spill over to other Indian conglomerates as they fare well on key business parameters, according to Bloomberg Economics.
Most major companies, including Reliance Industries Ltd. and the Tata Group, scored higher than the ports-to-power conglomerate in a BE analysis of governance, liquidity and leverage conditions at India’s top 17 business houses.
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Link -
https://www.livemint.com/news/india/...350267898.html
Adani company gives up bid to acquire DB Power; 2nd setback after withdrawing FPO.
Quote:
Adani Power's planned Rs 7,017-crore acquisition of DB Power collapsed on Wednesday as the deadline to complete the transaction expired.
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Link:
Quote:
Originally Posted by volkman10
(Post 5496794)
Adani company gives up bid to acquire DB Power; 2nd setback after withdrawing FPO.
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This could be a tactical pullout, considering the grave circumstances. The share price of Adani Power went up from 140 (15 Feb) to 155 (17 Feb) when this news is out. The first positive closure since the arrival of Hindenburg.
Me no blind Ambani fan; just saying.
Note from Moderator
This topic has gone way off topic into freedom of speech and people’s background etc. Please let this thread focus on topics related to
-Impact on Adani after the Hindenburg Report
-Shortselling
-Institutions impacted by this report.
If things don’t improve, will need to close this thread
Here's the new update. So apparently Adani Group has changed the definition of cash & cash equivalents to increase their cash holdings on paper. If they've done such a thing, then the Rs. 31,646 crores amount quoted by Adani to the exchanges may be substantially less in reality.
Source:
https://www.livemint.com/companies/n...830275878.html
Mod Note: In 29 pages, this topic has been discussed enough. Things are getting too hot. Closing.
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