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Adani Group’s Cash Generation Ability Underappreciated, M&G Says

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Signage of Adani Group at company's residential building under construction in Mumbai, India, on Tuesday, Sep. 6, 2022. Adani Group, indirectly acquired a 29.2% stake in New Delhi Television Ltd., or NDTV, and offered to buy another 26% from the open market for a combined 6.07 billion rupees ($76 million) in August 2022. Photographer: Dhiraj Singh/Bloomberg

Signage of Adani Group at company’s residential building under construction in Mumbai, India, on Tuesday, Sep. 6, 2022. Adani Group, indirectly acquired a 29.2% stake in New Delhi Television Ltd., or NDTV, and offered to buy another 26% from the open market for a combined 6.07 billion rupees ($76 million) in August 2022. Photographer: Dhiraj Singh/Bloomberg



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