00:00Sir, there was a stock today in Bazaar, a stock is a group, Adani Group, which we know very well.
00:08When there is a movement in Adani Group, the Bazaar also goes slightly higher if it goes negative side.
00:15But today, the move in Adani stocks was a better move.
00:19I tell Adani stocks in Adani stocks as well.
00:23Adani Green Energy, today, has been very fast.
00:27It's about 12% of this stock.
00:30It's about 35% per trade.
00:33In other Adani stocks, it's a good, very fast.
00:36Adani Enterprises, which is a major stock, which is in Bazaar,
00:41it's about 29% of this increase.
00:45Adani Ports and Special Economic Zone, 25% of this stock.
00:50Adani Power, which is about 4% of this increase.
00:57One time, the update tells us that in Adani Group, the movement, what happened?
01:02Why did this move happen?
01:03It was a big decision.
01:04In the morning, the Bazaar opened, the news came out.
01:07After that, Adani stocks were very fast.
01:10So how did it go on?
01:11The decision is that, America government has been responsible for the case of the US Securities and Exchange Commission.
01:17in the case which is going on a very long time in the Adani group, in the case of Gautam
01:22Adani and Sagar Adani.
01:26The court has given permission to pre-motion conference.
01:30This is a little easy to explain.
01:32The court has accepted the case before getting heard.
01:37The court has accepted the case before getting heard.
01:47After this positive development, Adani group of shares in the beginning of the year,
01:53was the speed of 10-13%.
01:55Adani group reacts very quickly to the news flow.
01:59But this stock is also very quickly.
02:02Today the rally came, the question is,
02:04is this rally long term in Adani group?
02:07Or is it a little cautious for long term?
02:12I tell you in a very nice way.
02:14Adani's problem was the same as the PSU defense.
02:18The PSU defense was the last 1-1.5 years ago.
02:23But the fundamentals of the valuation has not reached.
02:26So, you can see that when the operation is closed,
02:29then there is a war in defense.
02:33But it's a tick.
02:34It's sold off.
02:35Why?
02:35Because their valuation,
02:38today's fundamentals,
02:39their valuation has not reached.
02:40And when it's not happening,
02:42any news,
02:43it's sold off.
02:45In Adani's problem,
02:47Adani's valuations were taken off,
02:49to an extent,
02:50that their companies are 500-500,
02:52and they trade.
02:53Well, this is acceptable.
02:55When it was expected,
02:56when it was expected to be massive growth,
02:58then it could trade so much.
03:01But the biggest problem was,
03:03when Hindenburg's report came,
03:04after that,
03:06it was a negative publicity,
03:07which was a mad sell-off.
03:09And now,
03:10for the last two-three years,
03:12you can see,
03:12Adani's stocks,
03:13there was no movement.
03:14It was a side-way zone.
03:16Except Adani power,
03:17Adani power is doing fantastically well.
03:20But if you look at it,
03:21if you look at it,
03:21the Adani gas and energy,
03:23it was a big fall,
03:25a big consolidation zone.
03:27But their fundamentals were slowly and steadily picking up.
03:31When Adani's fundamentals were so many,
03:33and their valuations were so many,
03:34then people had to get Adani.
03:36But today,
03:36when Adani's valuations were right
03:38and their fundamentals were picked up,
03:40then nobody wants to buy it.
03:42I think,
03:43Adani,
03:43I'm not saying that,
03:44Adani,
03:44I'm going to go to a multi bagger,
03:46and they're going to buy it.
03:48But I think,
03:49that at this point of time,
03:50Adani's group of companies,
03:51because of massive negative news flow,
03:54it's a very good value zone.
03:56And if you just volume on it,
03:58you'll be able to see,
03:59massive deliveries are building up in Adani's group of stocks,
04:02because it's a range bound consolidation.
04:04So I think that,
04:05in the near future,
04:07Adani is doing great,
04:08in terms of book,
04:09their top line or bottom line pick up,
04:11and their valuations,
04:12which were massive,
04:14have been subdued,
04:15and they're ready.
04:16But,
04:16no positive trigger news,
04:18I don't know,
04:19if this news will act as that positive trigger,
04:21long term for this,
04:22Adani will start,
04:23or probably another news.
04:25But,
04:25any positive news,
04:26Adani,
04:33I don't know,
04:34I don't know,
04:35I don't know,
04:36I don't know,
04:37but I think,
04:39Adani,
04:39many times,
04:41they don't perform,
04:42many times,
04:42their fundamentals are better,
04:44and,
04:44you have to still be very picky,
04:46you have to still be very picky,
04:47you have to take a random stock,
04:48and expect that,
04:49it's going to be difficult.
04:51Adani stocks are also participating,
04:52if you look at Adani's power,
04:53they're all-time high,
04:56even after the massive Iran-Israel war,
04:58even after the massive correction,
05:00that has been there,
05:00since September 2014.
05:02So, overall,
05:02I think,
05:03Adani also has value,
05:05but you have to be very selective,
05:06whose books are being made,
05:07they can read,
05:08whose books are not made,
05:09they can read.
05:09Absolutely.
Comments