The conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research
TAQA is interested in acquiring a 19.9 per cent stake in Adani Group companies through a combination of primary infusion into the company and the secondary purchase of shares from promoter family entities
GQG Partners and other investors bought 31.2 crore shares of Adani Power in a block deal -- one of the largest ever secondary market equity transactions -- stock market data showed
Adani Power stocks have surged over 107 per cent in the last six months, outperforming the NSE Nifty 50 index, which has given a return of 10.02 per cent during the same period
Adani Power shares were trading 1.04 per cent higher at Rs 282.95 per share on the NSE. GQG Partners bought 31 crore shares of the Adani Group’s energy-production company for over Rs 9000 crore
Infinite Trade and Investment, a promoter entity of Adani Group, sold 4.5 crore shares, or 2.8 per cent of its equity, at Rs 920.43, for a total amount of Rs 4,142 crore through an open market transaction, according to bulk...
GQG now has a stake in five of the 10 Adani Group firms. It on August 16 bought 7.73 per cent stake in Adani Power Ltd. Promoter group firms Worldwide Emerging Market Holding and Afro ASIA Trade And Investments sold 8.09 per...
The group's flagship Adani Enterprises Ltd saw 18 million shares, or 1.6 per cent, trade in a single block while the renewable energy firm Adani Green Energy saw a total 35.2 million shares, or 2.2 per cent, change hands,...
GQG Partners has also raised its stake in the group by 10%
Even though the Adani Group stocks have had a hard time at the Indian bourses, Jan explained that GQG Partners goes as per its own research
"The investment has made GQG a key investor in the development and growth of critical Indian infrastructure," Adani Group said
