Limited coverage: Few analysts track Adani group companies, shows data

The coverage of Adani group among analysts is currently lower than that of other industrial groups. An analysis of available Bloomberg data on coverage shows that it is a single-digit number for every Adani group company except for Adani Ports, which has 26 analysts covering it.

The Adani group has five listed entities, and the median number of analysts covering the group is one, lower than that of other large groups. The Tata group has 15 analysts tracking it per company. It is 23.5 for the