BENGALURU -- This week's share sale by the flagship company of India's Adani Group sailed through despite finding few takers among local retail investors and mutual funds, undercutting the conglomerate's hopes of broadening its ownership and expanding its coverage by investment analysts.
Adani Group
Indian mutual funds, retail investors shy away from Adani
Sell-off in conglomerate's stock deepens to $85 billion
The Adani Group had viewed its secondary stock offering as a chance to diversify its shareholding © Reuters
Read Next
Latest on Adani Group
