GQG Partners sells ₹28,000 crore in Indian equities
after close1 source ↓machine-written, see hownot a recommendation
- worth of Indian
- ₹28,000 crore
- is expected
- ₹9,500 crore
- in ITC
- 3% stake
- of shares changing
- 2.93%
GQG Partners has offloaded nearly ₹28,000 crore worth of Indian equities over the past year, primarily impacting stocks like Adani Group. Additionally, a block deal in ITC valued at ₹9,500 crore is expected to add to this total. GQG held about 3% stake in ITC as of June 2023, with 2.93% of shares changing hands today.
Not investment advice. For informational purposes only.