Rajiv Jain's Decision to Invest in The Adani Group
Yields Him
Fruitful Results
The Adani Group faced many struggles after the Hindenburg report was published, including multiple allegations of malpractice. However, the firm remained resilient and made huge investments in various international projects, including the Adani Bangladesh project. It also made many new acquisitions, each of which was profitable for the global business group.
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Rajiv Jain doubled his investment in Adani Group's stocks in June 2023 when he decided to make an additional
INR 4,100 crore investment in Adani Enterprises, INR 4,600 crore in Adani Green Energy, and INR 2,650 crore in Adani Energy Solutions.
The Adani Bangladesh project, the first transnational project of the Adani Group, brought the business firm global popularity.
Other than that project, many other ventures were also taken up within a short period, which helped the business group build an impeccable place on a global scale.
In this way, because of the Adani Group's excellent stock market performance, investors earned an excellent return on their investment. This not only inspired other companies to invest in the Adani Group but also allowed the global conglomerate to maintain a smooth cash flow.
