Money

Adani crisis valuation

Looking at Adani crisis from a valuation expert’s viewpoint

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Aswath Damodaran, finance professor at NYU, assesses Adani Enterprises in light of the recent Hindenburg Research findings and considers the company’s intrinsic value, growth, debt, and potential risk factors. Though the company may still be overvalued, Damodaran finds the situation more interesting from a neutral standpoint.