MF Exposure to the group
adani mutual fund exposure - Twitter Search / Twitter source: Head of Research at Fyers
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Indian BANK Exposure:
India banks' exposure to Adani Group is limited - CLSA, Jefferies | Reuters Reuters report
The brokerage pegs the exposure of Indian private banks at 0.3% of FY24 loans and 1.5% of FY24 net-worth. For PSU banks, the exposure is 0.7% of FY24 loans and 6% of FY24 net-worth, CLSA said. ($1 = 81.6150 Indian rupees)
"Most of the incremental funding to the group for new businesses and acquisitions has come via overseas sources."
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LIC exposure to Adani: This one seems be on the higher side of 5% plus.
I dont have LIC stock so i'm not pulling my hair.
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In my opinion, as i said before, I never made a portfolio out of these stocks and i'm not defending Adani.
What i'm rather defending is Nifty/BN bcos thats where my money is
Adani is not like some paytm trying to survive on cashbacks/payment gateway or Nykaa with fairtale story. It has key irreplaceable verticals from logistics, cement, energy, fmcg, infra etc
Tata steel same story few years ago, before that even big Infy allegation was there. Dhirubhai's RIL ki tho baat hi nahi karenge
reminds me of panama papers and other leaks
Those retail holding entities face a valuation correction as a worst-case scenario.
There are companies without fraud going to bankruptcy like Idea and also the other side like yesbank/ADAG group but their inherent businesses either continued or got acquired.
adani mutual fund exposure - Twitter Search / Twitter source: Head of Research at Fyers
----------------------
Indian BANK Exposure:
India banks' exposure to Adani Group is limited - CLSA, Jefferies | Reuters Reuters report
The brokerage pegs the exposure of Indian private banks at 0.3% of FY24 loans and 1.5% of FY24 net-worth. For PSU banks, the exposure is 0.7% of FY24 loans and 6% of FY24 net-worth, CLSA said. ($1 = 81.6150 Indian rupees)
"Most of the incremental funding to the group for new businesses and acquisitions has come via overseas sources."
------------------------
LIC exposure to Adani: This one seems be on the higher side of 5% plus.
I dont have LIC stock so i'm not pulling my hair.
------------------------
In my opinion, as i said before, I never made a portfolio out of these stocks and i'm not defending Adani.
What i'm rather defending is Nifty/BN bcos thats where my money is
Adani is not like some paytm trying to survive on cashbacks/payment gateway or Nykaa with fairtale story. It has key irreplaceable verticals from logistics, cement, energy, fmcg, infra etc
Tata steel same story few years ago, before that even big Infy allegation was there. Dhirubhai's RIL ki tho baat hi nahi karenge
reminds me of panama papers and other leaks
Those retail holding entities face a valuation correction as a worst-case scenario.
There are companies without fraud going to bankruptcy like Idea and also the other side like yesbank/ADAG group but their inherent businesses either continued or got acquired.
