[cityhantam]

Junk bond does not mean the end of the World.  It is just how rating agency perceived the value of the bond at this juncture.  With the parent company company in trouble,  nobody would want to risk their reputation to give good rating to their subs as anything can happen.  It is up to the investors to assess the risk.  The stock price jump of 8% spoke a lot about how  some investors felt.

https://www.moneycontrol.com/news/busine...95231.html

NSE adds Adani Ports to ban list for February 3

Also the National Stock Exchange (NSE) has put Adani Ports as well as Adani Enterprises, and Ambuja Cements under additional surveillance measure (ASM) framework effective February 3, 2023 to curb short-selling, especially after carnage in Adani Group stocks.

[lioncityftw]

[lioncityftw]

Adani Total Gas Limited stock is 50,000 % overvalued. Must be world record, LOL.


Source:

https://simplywall.st/stocks/in/utilitie.../valuation

[Bluebull]

Adani Total Gas Limited stock is 50,000 % overvalued. Must be world record, LOL.


Source:

https://simplywall.st/stocks/in/utilitie.../valuation

Also most of Adani companies paid pathetic dividends
Example Adani Enterprises dividends yield is only 0.06% 
And Adani Wilmar yield is only 0.6%
No, it’s not typo error
Let me check on the rest...