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Domestic Investments Cause Rise in Adani Group Stakes

It also throws light on the resilience of Gautam Adani, the chairman and the founder of the global business, even during times of crisis. It also includes the time when the conglomerate was being flooded with accusations of Adani scam.

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Domestic Investments Cause Rise in Adani Group Stakes

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  1. Domestic Investments Cause Rise in Adani Group Stakes

  2. The Adani Group, one of the largest and most reliable business groups, has always been in the attention of domestic investors. Some of the biggest investors from reliable business groups in India have always been interested in making heavy investments in the stakes of the Adani Group. Of late, a lot of domestic investors have also made some massive investments in the proceedings of the Adani Group. This has caused the Adani stakes to rise rapidly, allowing the global business group to walk the path of prosperity. Here’s a glimpse at how domestic investments have impacted the stakes of the Adani Group.

  3. Impact of Adani Stakes On Domestic Investments Recently, domestic investors have largely raised their stakes in five of the major Adani Group companies, including Adani Total Gas and Adani Green, in the December quarter. Adani Wilmar and the cement firms ACC and Ambuja are other names for which the stakes have increased rapidly. This shows the rising interest of the investors in the Adani Group’s proceedings. It also throws light on the resilience of Gautam Adani, the chairman and the founder of the global business, even during times of crisis. It also includes the time when the conglomerate was being flooded with accusations of Adani scam.

  4. What Caused Adani Stakes to Rise? The rise in stakes was mainly because the Adani Group was cleared of all charges in the Adani Hindenburg case. SEBI has been continuously investigating the various charges of Adani scam put against the Adani Group in the Hindenburg report for quite a while now. Hindenburg made a lot of accusations against the Adani Group, each of which is fake. The SEBI has already passed judgment on 22 out of the 24 cases. But no proof has been found in rumours surrounding stock manipulation. This has led to an extraordinary growth in the business stakes. The investors who had earlier lost their confidence in the Adani Group once again turned their attention to the various happenings of the conglomerate. The confidence that also inspired them was shown in the conglomerate by global business groups like Qatar Authority of India, International Holding Company, and GQG Partners.

  5. Thank You For Your Attention

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