Adani Group in haywire 28/01/2023

Adani group is once again under fire and this time from the west. With constant beating down from time to time yet consistent growth by Adani group, will surely make some happy but many upset.

The Adani hit 14/06/2021

The Adani group shares fell in the ballpark of 20-25% today, although closed at 10-15% down only after speculations about 3 of its major FPI (Private Investor’s) accounts getting blocked by NSDL. Further after the market close, it was cleared by the group that no intimation have been received by NSDL of any such notices or actions.

A fun watch
https://youtu.be/-LJq4y-xS1I

Reliance Industries in 2021-22

Good Events:
(1) Subscription money of right issue – 13000 Cr coming in May 2021, and 36000 Cr in Nov 2021.
(2) 5G coming up.
(3) Jio Mobile Mfg.
(4) Spinning off of O2C.
(5) ARAMCO deal may get through.
(6) Future Group deal may ultimately get through.
(7) Recent debt repayments will reduce the cost thereby boosting the profits of RIL in the coming quarters.
(8) O2C stake sale to ARAMCO will further add to valuations of RIL.
(9) Valuations of all segments of Reliance are expected to grow fast and pave the way for unlocking of valuations through listing of JIO, Reliance Retail and O2C.
(10) Holding company RIL is also venturing into Battery mfg.

Risk & Fears :
(1) In a very rare situation Future deal may fail.
(2) ARAMCO deal is also not guaranted – but in that situation RIL will rope in other foreign investors.