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Investago | Stock of the week | Adani Group
Stock of the week | Adani Group

Two Indian companies in the Adani Group are seeking to raise a combined total of $2.6 billion through share sales. This comes after a severe market value loss triggered by a negative short-seller report. The group's flagship firm, Adani Enterprises, intends to raise $1.6 billion in a secondary share sale. Simultaneously, power generation company Adani Transmission is planning a $1 billion deal. Both proposals require shareholder approval.

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 92.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.