Fitch says contagion risks loom over two Adani entities

Fitch says contagion risks loom over two Adani entities

Ratings agency Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note released late on Tuesday. Seven listed firms of the Adani group have shed over $120 billion in market value since the publication of the Hindenburg report.

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