jiv Jain-backed GQG Partners on Tuesday raised stakes in five Adani Group companies via multiple block deals. The stocks in which he added his stakes are Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power. The investment company spent a total of Rs 5,094 crore to buy shares in these companies. 1) Adani EnterprisesGQG Partners bought around 53.42 lakh shares in the company via GQG Partners International Equity CIT in three blocks. The shares were bought at Rs 2,462 apiece taking the deal size to Rs 1,315.20 crore.Adani Enterprises today ended at Rs 2,439 on the NSE, down by Rs 23 or 0.93% over the Monday closing price.The seller was Reliance Trust Institutional Retirement Trust Series Eleven.GQG held 1.75% stake repre
Rajiv Jain's GQG Partners hikes stake in 5 Adani Group companies in Rs 5,094
The Economy Times2 hrs ago
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