Adani stocks rebound; Adani Enterprises zooms 19%, no respite for gas, transmission arms
Of the nine Adani group stocks, 7 were trading higher amid report that Gautam Adani-led conglomerate is planning to prepay its loans.
Of the nine Adani group stocks, 7 were trading higher amid report that Gautam Adani-led conglomerate is planning to prepay its loans.
This comes amidst reports that the group is engaging with lenders to prepay some of its commitments to revive investor confidence.
Biggest losers in the ₹16.9 lakh crore conglomerate were Adani Transmission, Adani Total Gas, and Adani Port, which eroded a cumulative m-cap of ₹61,500 crore.