Jefferies bullish on Adani as group eyes USD 100bn capex over next decade

Ahmedabad (Gujarat) [India], June 21 (ANI): Global investment firm Jefferies said on Friday that the Adani Group is eyeing USD 100 billion in capital expenditure with major outlays on energy transition projects and digital infrastructure for the next leg of its growth.

At an investors' meeting, the Adani Group management outlined a strong FY24 operating performance -- a 27 per cent compound annual growth rate (CAGR) for f