Adani Group debt offers value, say Goldman, and JPMorgan
Adani securities have attracted attention from opportunistic investors amid a staggering equity rout and a debt slump that took some bonds to distressed levels. Goldman Sachs traders touted Adani Ports’s debt as being well capitalized with cash on hand, while being liquid enough to trade.
Dalal Street traders play it safe in Adani stocks
Traders usually hold on to their bets overnight when they are more certain that there wouldn’t be an event after market hours that could backfire. Though shares of Adani Group companies have fallen on most days since January 24, making them ideal targets for short sellers, the confidence to hold on to bearish positions overnight […]
The more the govt can push out to private sector, the more positive it’ll be: Henry Kravis
India has made tremendous progress over the past 8 years, and this budget reflects a continuation of the progressive, forward-looking stance this government has taken. It builds on some of the foundational steps taken in recent years – an improved tax structure and a focus on infrastructure development.