Adani Group: How Adani may be Pulling The Largest Con In Corporate History

[Gaali_Gottam_Govinda]

• Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
• Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
• Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
• Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
• Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
• The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

 

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

[8pm]

2 minutes ago, Gaali_Gottam_Govinda said:

• Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
• Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
• Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
• Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
• Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
• The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

HKMH

[chammakchandra]

12 minutes ago, Gaali_Gottam_Govinda said:

• Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
• Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
• Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
• Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
• Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
• The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

@Gaali_Gottam_Govinda

[pandemkodi]

Idena morning tweet chesadu 

[siru]

[hyperbole]

33 minutes ago, Gaali_Gottam_Govinda said:

• Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
• Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
• Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
• Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
• Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
• The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

The day BJP government is gone his empire will be like a quick sand and will also suck away few big banks like SBI and LIC, so a lot is riding on BJP returning to power and hence was desperate to acquire NDTV and we will see more

[hunkyfunky2]

38 minutes ago, Gaali_Gottam_Govinda said:

• Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
• Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
• Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
• Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
• Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
• The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

they are highly respected and did this before... 

[Mediahypocrisy]

2 minutes ago, hyperbole said:

The day BJP government is gone his empire will be like a quick sand and will also suck away few big banks like SBI and LIC, so a lot is riding on BJP returning to power and hence was desperate to acquire NDTV and we will see more

Edo Oka roju Govt. Change kaka tappadu ani these riches knows very well...anduke naku Rajeev Gandhi and PV Narasimha Rao time lone ekkuva labdi jarigindi ani Oka cover drive odiladu....

Inta +ve undakapovachu but riches need Govts support and Govts (who ever it may be) needs elites...

[JackSeal]

Is this the same thing they are talking about ?

 

[hunkyfunky2]

24 minutes ago, pandemkodi said:

Idena morning tweet chesadu 

Yes

[Ryzen_renoir]

The stock is definitely manipulated 

[Gaali_Gottam_Govinda]

6 minutes ago, hyperbole said:

The day BJP government is gone his empire will be like a quick sand and will also suck away few big banks like SBI and LIC, so a lot is riding on BJP returning to power and hence was desperate to acquire NDTV and we will see more

99% of Indian business are like this bro........ Government sanka nakapothe inch kooda file move avvadu. Evadu power loki vachina inthe. chillar edavalu. 

 

Pathetic India.

 

 

[Gaali_Gottam_Govinda]

1 minute ago, JackSeal said:

Is this the same thing they are talking about ?

 

Yes idhe.

[JackSeal]

40 minutes ago, Gaali_Gottam_Govinda said:

• Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
• Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
• Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
• Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
• Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
• The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

Pisfull and chinki propaganda on a nationalist … yesterday targeted godi now targeting desh bhakt adani 

[futureofandhra]

5 minutes ago, JackSeal said:

Pisfull and chinki propaganda on a nationalist … yesterday targeted godi now targeting desh bhakt adani 

where were these ethics when jaggad selling ap assets to the same persion