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Adani Enterprises Shares Jump 25% Day After Announcement To Prepay Loans

The slide has raised concerns about the group's ability to raise fresh financing to pay down its debts.
The slide has raised concerns about the group's ability to raise fresh financing to pay down its debts.
Shares in the flagship firm of troubled Indian conglomerate Adani rocketed as much as 25 percent Tuesday, clawing back some of its recent huge losses, after saying it would repay more than $1 billion in loans.
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