Adani Group’s cash generation ability underappreciated, M&G says

-
“The businesses Adani is incubating and operating in -- ports, airports, rail, logistics -- they are real businesses that generate cash,” Vikas Pershad, a Singapore-based fund manager at M&G, said in an interview.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VgTYWmN
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Nifty 50 hits record high led by gains in oil companies

-
Image
The gains in Indian equities defied the weakness in other Asian markets, which fell as rare protests in major Chinese cities against strict zero-Covid curbs raised concerns about the growth implications for the world's second-largest economy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9YsL6IJ via IFTTT
Read more