The Adani Group has shown remarkable resilience and financial stability, according to a Bernstein report. After the challenges of the Hindenburg allegations in January 2023, the Group has made substantial improvements across key metrics, including share pledges, leverage, debt repayment, and valuations.

A significant transformation has occurred in share pledging practices, with dramatic reductions across Adani companies. Adani Power’s pledge dropped from 25% to just 1%, while Adani Ports eliminated its pledges entirely. Promoter holdings have also increased, demonstrating the Group’s commitment to long-term stability. Debt management has improved as well.

Although Adani Green faced significant debt maturities in 2024, including a $750 million bond, robust cash flows have made refinancing more manageable.

The Group’s leverage has decreased significantly from 3.8x during the Hindenburg crisis to under 2.5x now, signalling improved financial discipline.

On valuations, Bernstein is bullish on Adani Ports, citing its undervaluation compared to peers like JSW Infra and Concor.

India overtook Japan to become the 3rd largest solar power generator in 2023 (113 TWh):???

?? China: 584.15 TWh
?? United States: 238.12 TWh
?? India: 113.41 TWh
?? Japan: 110.14 TWh
?? Germany: 61.56 TWh
?? Brazil: 51.72 TWh
?? Australia: 46.91 TWh
?? Spain: 45.08 TWh

Solar and Renewable energy will be the growth engine for Bharat. Modi ji rightly brought the Suryaghar Muft Bijli Yojana

Top 10 Global Headlines you didn't hear about, so far this year and Media will never tell

1. Russia has created a new shipping lane, which the West has no control over.

2. India has signed a 10 year deal with Iran, to fund the building of Iran's largest shipping port.

This will connect India to the new Russian Shipping lane in the previous point.

1. Germany attempted to shoot down an American Drone, mistaking it for a Houthi Drone.

2. The "Islamic Resistance in Iraq" attacked a US Military Base in Syria, injuring US soldiers.

3. The en of Petrodollar has started.

4. Russia launched Iranian Satellites into space, which Iran since used to attack other Israel.

5. Russian President Putin offered a peace deal to Ukraine, which has since been rejected by Ukraine.

6. The Houthis in Yemen fired a hypersonic missile at Israel, for the first time.

7. The Houthis attacked a US Aircraft Carrier.

8. China found one of the biggest gold mines in the world, worth over $80 billion.

??? KITEX GARMENTS LTD — 31-08-24 367rs ——» Today Day high 467.60 ?*?*??????**

*?*? RPGLIFE 808-40 —————» Today Day high 2398?????????**

INVESTMENT Suggestion only UP will outshine all other states in next five years The 2 top states from GDP point of view will be UP and Gujarat while TN, Karnataka and Maharastra will slide down and motly due to fake pride Post election Infra, Iron ore,…