batch antha okati ayinattu unnaru..
#AdaniFPO bailed out!
Current Mkt Price is lesser than FPO Price by ~10%
Who bailed out?
🔶Mukesh Ambani [RIL]
🔶Sunil Bharti Mittal [Airtel]
🔶Sajjan Jindal [JSW]
Key lesson: Keep your relations with your peers & competitors healthy
They'll help you in the darkest hour!
Ambani did lot of scams and stock manipulation during late 70s and early 80s. There was no regulation during that time. So he could do that.
Now, Ambani is regulated and he cannot do same stuff again.
Adani is trying to replicate the same. But now times are different and he’s getting exposed.
It’s matter of timing between Ambani and Adani.