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Rajiv Jain's GQG Partners ups stake in five Adani stocks; details here

Published on 19/11/2025 06:54 AM

Rajiv Jain's GQG Partners ups stake in five Adani stocks; details hereGQG Partners, one of the biggest investors in the Adani Group after the Hindenburg episode, has increased its holdings in five group companies through a series of block deals.By Meghna Sen   November 19, 2025, 6:54:11 AM IST (Updated)2 Min ReadRajiv Jain-led GQG Partners, one of the biggest investors in the Adani Group after the Hindenburg episode, has increased its holdings in five group companies through a series of block deals.

The fund raised its stakes in Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power.

In total, the Florida-based asset manager invested ₹5,094 crore across these transactions.

Adani Enterprises

GQG Partners bought about 53.42 lakh shares through GQG Partners International Equity CIT in three blocks at ₹2,462 per share, valuing the deal at ₹1,315.20 crore.

As of September 30, 2025, GQG held a 1.75% stake, or 2.01 crore shares.

The stock ended Tuesday at ₹2,439, down 0.93%.

Adani Ports

The fund acquired nearly 73.17 lakh shares in two tranches at ₹1,507.6 per share, taking the deal size to ₹1,103.14 crore.

GQG held 2.42% in the company, or over 5.21 crore shares, as of September 30, 2025.

APSEZ shares closed at ₹1,491.20, down 1.09%.

Adani Power

GQG picked up over 83.61 lakh shares in three tranches at ₹153.28 per share, a deal worth ₹1,281.57 crore.

It held 1.54%, or more than 29.23 crore shares, as of September 30, 2025.

Adani Power shares ended at ₹149.89, down 2.21%.

Adani Green Energy

The asset manager bought over 77.39 lakh shares in three tranches at ₹1,088.6 per share, amounting to ₹842.53 crore.

GQG held 2.46%, or more than 4.04 crore shares, as of September 30, 2025.

The stock closed at ₹1,077.20, down 1.05%.

Adani Energy Solutions

GQG acquired about 53.94 lakh shares in two tranches at ₹1,021.55 per share, valued at ₹551.08 crore.

It held 1.86%, or over 2.23 crore shares.

Shares of Adani Energy Solutions settled 0.26% higher at ₹1,024.25.

GQG Partners was among the first institutional investors to build positions in Adani Group companies soon after the Hindenburg report last year.Continue ReadingFirst Published: Nov 19, 2025 6:46 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAdani Enterprises share priceAdani Ports share priceAdani stocksGQG PartnersRajiv Jain GQG