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NSE Mar 29, 2023 15:31 PM
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Adani bond yields surge to new highs
Adani bond yields surge to new highs
Economic Times
Prices of multiple bonds issued by different companies of the Adani Group fell sharply on Thursday, a day after flagship Adani Enterprises dramatically announced the withdrawal of its follow-on public offer (FPO) worth 20,000 crore late Wednesday. The issue got full subscription, although the stock has since plunged nearly 50% below the lowest issue-price threshold.
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