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Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Adani group, adani enterprises

The Adani Group is entering new and unrelated businesses, which are highly capital intensive, raising concerns over execution oversight.

P R Sanjai and Bhuma Shrivastava | Bloomberg
Billionaire Gautam Adani’s ports-to-power conglomerate is “deeply overleveraged,” with the group investing aggressively across existing as well as new businesses,

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First Published: Aug 23 2022 | 12:56 PM IST

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