Indian Markets Dismiss Coal Invoicing Allegations Against Adani Group by FT, OCCRP
23 May 2024 17:54 PM IST
Over the past year, the group's market capitalization has surged by 56.6 percent, significantly outperforming the broader market Nifty, which gained 23.3 percent in the same period. This consistent growth indicates strong investor faith in Adani Group companies, despite recurrent negative media reports. This is the third instance where foreign media platforms have published adverse reports about the group.