GQG Partners sold about 35 million shares, or about a 1% stake, with SBI Mutual buying most of the shares, says report
Emerging market fund inflows slowed amid geopolitical tensions, with key players seeing major redemptions, while gold and junk bond funds outperform.
As of the March 2024 quarter, GQG Partners' stakes in the six Adani Group firms were valued at around Rs 54,300 crore, after surging 33 percent from Rs 40,480 crore in the previous quarter. The companies are Adani Enterprises Ltd, Adani Energy Solutions Ltd, Adani Green Energy Ltd, Adani Ports and SEZ, Adani Power Ltd and Ambuja Cement Ltd.
The Vodafone Idea FPO will open for subscription on April 18 and close on April 22. The company has fixed a price band of Rs 10-11 per share for the FPO
Analysts say that the spotlight on the stock was a long time coming. While opportunities are plenty one must also be wary of the risks, they say.
Adani Group stocks have been on a tear since November 24, elevating its market cap by nearly Rs 4.5 lakh crore to reach Rs 14.8 lakh crore
Share prices of IDFC First Bank fell as much as 5 percent in early trading, finally recovering to end little changed on September 1.
US-based boutique investment firm GQG Partners has raised its stake in Adani Ports & Special Economic Zone (APSEZ) to over 5 per cent as it continues to bet on billionaire Gautam Adani’s group shrugging off market concerns.
Australia-listed investment firm GQG Partners added more shares of Nvidia Corp in the second quarter, ending June with $5.9 billion.
Patanjali Foods recently completed a sale of a 7 percent stake, resulting in a decrease in the promoter group's ownership in the company to 73.82 percent from 80.82 percent. This transaction ensured compliance with the minimum shareholding requirements
In late June, Rajiv Jain's investment firm, GQG Partners LLC, increased its investment in Adani group companies by purchasing an additional $1 billion worth of shares from the promoter group.
Fort Lauderdale, Florida-based GQG, which manages almost $100 billion in assets, added 8.2 million shares in Nvidia in the first quarter, worth $2.3 billion then, according to a regulatory filing.
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Nifty resumes selloff after a day-long break! The index managed to shut shop above the 17,300 mark. It came under pressure but realty was the star performer in yesterday’s session as it clocked 2% gains in a weak market. How should you navigate the selloff and what should you buy now? Catch Ajay Bagga’s view on the market and the recovery in Adani Group stocks. We also discuss the market technicals and assess what the charts are indicating for stocks like Natco Pharma and Macrotech Developers with CA Rudramurthy of Vachana Investments. Watch!
The Florida-based firm bought 3.4% of Adani Enterprises Ltd for about $662 million, 4.1% of Adani Ports and Special Economic Zone Ltd for $640 million, 2.5% of Adani Transmission Ltd for $230 million, and 3.5% of Adani Green Energy Ltd for $340 million, showed an Adani regulatory filing.
A close look at the firm which is now the cynosure of attention in market circles and India Inc thanks to the timely 'confidence capital' offered to the Adani conglomerate.