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Adani stock crash 💥


JackSeal

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13 minutes ago, JackSeal said:

What’s happening?

Some issue with shell companies , besides the valuation is too high 

Almost all of his recent acquisitions and projects take 10-15 years to start generating any revenue like the airports , toll roads , power generation , etc

But as long as bjp is in power he is no danger of folding and issues will sort themselves. 

But as soon as bjp goes out of power most of Adani's recent acquisitions in power generation , distribution , airports , roads will go under.  

Only the core business of  ports and SEZ look attractive without govt favours . 

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4 minutes ago, Ryzen_renoir said:

Some issue with shell companies , besides the valuation is too high 

Almost all of his recent acquisitions and projects take 10-15 years to start generating any revenue like the airports , toll roads , power generation , etc

But as long as bjp is in power he is no danger of folding and issues will sort themselves. 

But as soon as bjp goes out of power most of Adani's recent acquisitions in power generation , distribution , airports , roads will go under.  

Only the core business of  ports and SEZ look attractive without govt favours . 

will go under whom ?

or it will taken back by new govt.

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4 minutes ago, bhaigan said:

will go under whom ?

or it will taken back by new govt.

"Will go under" means they will become bankrupt or NPA 

Adani himself won't suffer because most of limited liability cos will be financed by public sector banks anyway 

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10 minutes ago, bhaigan said:

@Raven_Rayes eppudo cheppadu if modi is out of power , he is first person to get bankrupt

You got it wrong ...Adani will not go bankrupt , the public sector banks which have given lakhs of crores loans will go go bankrupt . 

Worst case Adani will be in London enjoying retirement in his million dollar mansion 

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Just now, Ryzen_renoir said:

You got it wrong ...Adani will not go bankrupt , the public sector banks which have given lakhs of crores loans will go go bankrupt . 

Worst case Adani will be in London enjoying retirement in his million dollar mansion 

#AtmanirbarBharath

LOL

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