GQG Partners doubles down on Adani Enterprises; stock price zooms 35% in 3 months

July 18, 2023

Foreign institutional investors (FIIs) are increasing their stakes in Adani Enterprises, the flagship company of the Adani Group, for the second consecutive quarter. FIIs now hold a cumulative stake of 19.34% in the company, up from 17.75% in the previous quarter. The increase follows further investments made by GQG Partners in the last quarter

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