
For eighteen months, the Adani Group has been playing defence. That chapter may now be closing.
A fresh legal development has removed one of the more persistent overhangs on the conglomerate, and while the group's listed stocks didn't gap up dramatically on the news, the people watching the capital markets most closely say the real impact will unfold over the coming quarters, not the coming hours. Deven Choksey, MD at DRChoksey FinServ, put it plainly: growth can now take precedence over defence.