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WATCH: Adani Group Raises Money To Fund Expansion

WATCH: Adani Group Raises Money To Fund Expansion

 

The Adani pack was a big loser in the stock market with six of the seven companies ending in the red. This comes in the wake of news that the Group has pledged shares worth twelve and a half billion dollars in Ambuja Cements and ACC with lenders to finance its cement play. What does this mean for Adani shares? Will the downturn continue or is it just a blip? Let’s find out.