Unfazed by the rally in Adani Group stocks, top NRI investor Rajiv Jain, who runs Florida-based GQG Partners, has increased holding in six counters of the conglomerate which is trying to rebuild reputation tarnished by an explosive report by Hindenburg.
The holding of GQG Partners in Adani Enterprises rose 21 bps to 2.95% while in Adani Ports it went up 23 bps to 3.76%. In Adani Green Energy, GQG’s ownership shot up 13 bps to 3.68%.
Team Jain also bought more of Adani Energy Solutions, Adani Power and Ambuja Cements during the quarter.
Stories you might be interested in