GQG Partners increases stake in five Adani Group firms
pre-market1 source ↓written by the desknot a recommendation
- block deals worth
- ₹5,094 cr
- of Adani Enterprises
- 53.42 lakh shares
- each
- ₹2,462
- of Adani Ports
- 73.17 lakh shares
- each
- ₹1,507.6
GQG Partners, led by Rajiv Jain, has increased its stake in five Adani Group companies through block deals worth ₹5,094 cr. Key purchases include 53.42 lakh shares of Adani Enterprises at ₹2,462 each and 73.17 lakh shares of Adani Ports at ₹1,507.6 each. This move may bolster market confidence in the Adani Group's prospects.
• Adani Enterprises: ₹1,315.20 cr deal
• Adani Ports: Significant share acquisition
• Potential positive sentiment for Adani stocks
Not investment advice. For informational purposes only.