adani road show
Adani Group is going to do roadshows in America, London and Dubai from today. This roadshow has been named Fixed Income Roadshow. With the help of this roadshow, Adani is trying to win the trust of investors. The group hopes to meet investors through these roadshows. You will be able to increase their confidence by giving them the status of your company, information about your assets, loans and debts. Ahead of the roadshow, the Adani group is trying to win back the confidence of investors.
He had previously clarified his position on Hindenburg’s allegations through calls and meetings with bondholders. The company did roadshows for big investors like Barclays, BNP, Paribas, DBS Bank, Deutsche Bank, Mizuho, Standard Chartered before roadshows in Singapore, Hong Kong. Hindenburg made serious allegations like stock manipulation, over pricing on Adani Group. After this report, there was a huge ups and downs in Adani’s shares. On the other hand, after the roadshow, investment in Adani’s shares increased, increasing the confidence of investors. Whose effect is visible on the price of shares. Adani’s market cap increased by close to 2 lakh crores in five days.
Source: navbharattimes.indiatimes.com
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