Adani Cuts Growth Target, Capex

The transcript discusses the volatility of Adani stocks following an MSI report and the company's revised financial plans, including reduced revenue growth and capital expenditure targets. Despite denying allegations from the Hindenburg Research report, Adani Group faced significant market cap losses. The Indian government's response has been limited, deferring to regulators. The Finance Ministry indicated that regulators are actively addressing the issue, with the Supreme Court requesting a report on the regulatory framework and mechanisms to protect investors.

What was the initial revenue growth target for Adani Group before it was revised?

• 40%

• 35 to 40%

• 25 to 30%

• 15 to 20%

What are the new financial priorities for Adani Group?

• Launching new products

• Increasing capital expenditure

• Conserving cash and repaying debt

• Expanding market share

How much market cap loss did Adani Group experience due to market reactions?

• $50 billion

• $100 billion

• $75 billion

• Over $100 billion

What has been the Indian government's approach to the Adani issue?

• Public condemnation

• Immediate intervention

• Complete silence

• Deferring to regulators

What action has the Supreme Court asked the market regulator to take?

• Increase market surveillance

• Prepare a brief report

• Impose fines on Adani Group

• Ban Adani stocks