{"id":553608,"date":"2023-02-07T11:12:57","date_gmt":"2023-02-07T05:42:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553608"},"modified":"2023-02-07T11:12:57","modified_gmt":"2023-02-07T05:42:57","slug":"adani-stock-rout-pauses-as-investors-await-raft-of-earnings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-stock-rout-pauses-as-investors-await-raft-of-earnings\/","title":{"rendered":"Adani stock rout pauses as investors await raft of earnings"},"content":{"rendered":"<p>Most Adani Group stocks climbed, paring losses after an eight-day rout sparked by a short-seller report, as news of the early repayment of some borrowings aided sentiment. A raft of earnings from group companies are due.<\/p>\n<p>Eight of the conglomerate\u2019s 10 stocks advanced, with three rising by their 5% limit. That helped trim the slump in market capitalization to $113 billion since US-based Hindenburg Research released a report on Jan. 24 alleging market manipulation and accounting fraud. The group has repeatedly denied the claims.<\/p>\n<p>Billionaire Gautam Adani and his family prepaid $1.11 billion worth of debt in a bid to calm a selloff that sparked fears of a contagion across India\u2019s economy and markets. Four firms are expected to announce results on Tuesday: Adani Ports &amp; Special Economic Zone, Adani Green Energy Ltd., Ambuja Cements Ltd. and New Delhi Television Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most Adani Group stocks climbed, paring losses after an eight-day rout sparked by a short-seller report, as news of the early repayment of some borrowings aided sentiment. A raft of earnings from group companies are due. Eight of the conglomerate\u2019s 10 stocks advanced, with three rising by their 5% limit. That helped trim the slump in market capitalization to $113 billion since US-based Hindenburg Research released a report on Jan. 24 alleging market manipulation and accounting fraud. The group has repeatedly denied the claims. Billionaire Gautam Adani and his family prepaid $1.11 billion worth of debt in a bid to [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-553608","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=553608"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553608\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}