adani group: This analyst steers clear of Adani group cos. H

adani group: This analyst steers clear of Adani group cos. Here's why


When it comes to the Adani Group of companies, the market cap is real. In the last one year, if you had participated in these stocks -- a port company, a gas company, a logistics company -- you would have made a killing in the markets. Your view?
That is true. There has been a series of separation of companies and creation of market cap. It is largely a debt-funded expansion but unlike most other debt-funded groups, these stocks seem to be moving up and people are not concerned about the debt for various reasons. I do not participate in this group as I did not participate in the runup of the Indiabulls Group as well as the Anil Ambani Group. So I would just say this and rest my case.

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