Adani's FPO Offers a Way Out to Adani

The Adani stock prices were being manipulated because of a low free float. Now by opting to make more shares available to the public via the FPO, Adani is opening the doors for more retail investors to join the journey. It broadens the shareholder base and maybe it could kill those complaints of price manipulation as well. But there are still things for investors to chew on in the lead up to the record-breaking FPO.