1 / 5

Adani’s Leverage Reduction Journey Post Hindenburg Rumours

The Adani business empireu2019s fortunes have completely turned around in the span of a year. The Adani superstructure, constructed on debt and inflated stock value, was destined to collapse in January when short seller Hindenburg Report Adani stunned investors with accusations of misconduct by the power-to-ports behemoth.

adanicase
Download Presentation

Adani’s Leverage Reduction Journey Post Hindenburg Rumours

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ADANI’S LEVERAGE REDUCTION JOURNEY POST HINDENBURG RUMOURS

  2. The Adani business empire's fortunes have completely turned around in the span of a year. The Adani superstructure, constructed on debt and inflated stock value, was destined to collapse in January when short seller Hindenburg Report Adani stunned investors with accusations of misconduct by the power-to-ports behemoth.

  3. THE HINDENBURG'S EXPENSES Adani was rocked on January 24, 2023, by Hindenburg Report Adani, a company that specializes in finding financial weaknesses in corporations and selling them short. The claims ranged from money laundering to stock price manipulation to violations of securities regulations. Answers to eighty-eight questions were requested.

  4. STOCK VALUES WERE PIERCED AND REGULATORY SCRUTINY WASHED OVER THE SITUATION However, after Hindenburg's accusations, a lot had transpired in Adani's world. The ₹20,000 crore share sale that was supposed to take place in a matter of days was cancelled. In a span of only two weeks, the group's worth plummeted from ₹19.2 lakh crore to ₹6.7 lakh crore, causing its chairman, Gautam Adani, to lose more than 66% of his wealth.

  5. CURIOUS INVESTORS POUR MONEY INTO Experienced, long-term investors hold the belief that any asset becomes appealing and valuable at a certain price. For many, that moment had come. Investors like GQG Partners, which has assets of over $100 billion, were drawn to the collapsed Adani enterprises because they possessed some of the country's greatest ports, airports, and power facilities.

More Related