GQG PARTNERS
GQG Partners rebounds over 15%; co announces share buyback GQG Partners, a significant investor in Adani Group stocks, saw its share price rebound after a sharp drop following US fraud charges against Adani executives. GQG is reviewing the charges but emphasized that most of its clients' assets are not inve...
22 Nov, 2024, 04.04 PM ISTGQG loses Rs 8,170 cr on Adani shares; also skids 20% on Australian bourse Shares of GQG Partners plunged 20% on the ASX (Australian Securities Exchange) on Thursday, eroding nearly ?8,100 crore (approx. US $950 million) or 16% of its market value.
22 Nov, 2024, 05.49 AM ISTCharges against Gautam Adani in bribery case credit negative for Adani companies: Moody's Gautam Adani and seven others were indicted in a US bribery case. Moody's said the indictment is credit negative for Adani Group companies. Adani Group stocks and dollar bond prices fell sharply. Adani bull GQG Partners said it was reviewing the eme...
21 Nov, 2024, 05.58 PM IST- ADVERTISEMENT
Adani bull GQG caught in cross-firing as shares crash 26%, may review portfolio GQG Partners Share Price: GQG Partners, an investment firm that heavily invested in Adani stocks, is reviewing its portfolio following U.S. prosecutors indicting Gautam Adani and others on bribery charges. GQG's shares plummeted 26% after the news, ...
21 Nov, 2024, 05.55 PM ISTGQG hiked stake in 4 Adani stocks, LIC booked profit in 2 in Q2 GQG Partners increased its stake in four Adani Group companies during the September quarter, while LIC reduced its holdings in two. These changes occurred before the recent allegations against Gautam Adani. The Adani Group has faced investor uncerta...
21 Nov, 2024, 05.53 PM ISTAdani promoters hike stakes in 3 companies in Sept quarter Through this exercise, the promoters aim to eventually hold stakes of 64-68% each across group companies, ET reported in August. The promoter group raised its stake in Adani Enterprises, Adani Power and Adani Green Energy last quarter.
15 Oct, 2024, 05.50 AM ISTAdani stocks: GQG hikes stake in 4 companies, promoter and LIC holding down in 2 NRI investor Rajiv Jain's GQG Partners has increased its stake in at least four Adani Group companies during the September quarter, despite a decrease in promoter holding for two of them. An analysis of the September quarter shareholding pattern sho...
14 Oct, 2024, 01.44 PM ISTRajiv Jain's GQG raises stake in Ambuja Cements by 70 bps to 2.05% in September quarter Rajiv Jain's GQG Partners has significantly increased its stake in Ambuja Cements to 2.05% in Q3 2024. Despite the stock's 31% annual return outperforming the Nifty index, Ambuja is expected to see a decline in revenue and profit in the latest quart...
11 Oct, 2024, 05.00 PM ISTAdani Enterprises raises $ 500 million via QIP The QIP attracted investors such as GQG Partners, Quant Mutual Fund, SBI General Insurance, SBI Life Insurance and HDFC Life Insurance along with a few ultra-high net worth individuals, the people said.
11 Oct, 2024, 05.38 AM ISTRajiv Jain is unimpressed by China stock mania sweeping globe he manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12% of the fund — roughly half of the weighting of its benchmark
04 Oct, 2024, 08.38 AM ISTNRI Rajiv Jain's GQG to pay $500,000 penalty to settle US SEC charges Without admitting or denying the SEC’s findings, GQG agreed to be censured, to cease and desist from violating the whistleblower protection rule, and to pay a $500,000 civil penalty, it said in a release.
27 Sep, 2024, 12.21 PM ISTGQG Partners increases stake in Patanjali Foods by 1.24% for Rs 835 crore Billionaire Rajiv Jain-backed GQG Partners on Friday hiked its stake in Patanjali Foods by acquiring a 1.24 per cent holding from promoter group entity Patanjali Ayurved Ltd for about Rs 835 crore through an open market transaction.
13 Sep, 2024, 08.07 PM ISTAdani bull GQG hikes stake in GMR Airports to over 5% US-based GQG Partners has increased its stake in GMR Airports Infra from 4.74% to 5.17%. GMR Airports Infra shares, which gained 58% in the past year, continue to attract attention. Jefferies also recently added GMR to its portfolio, highlighting th...
28 Aug, 2024, 11.29 AM ISTWhy this Adani bull is raising its bet on Ambuja Cements Ambuja Cements, owned by Adani Group, saw an investment boost from GQG Partners, increasing their stake to 2.04%. Shares rose 4% following the deal. The Adani Group plans to raise Rs 30,000 crore by selling shares in its listed firms. Adani is aggre...
24 Aug, 2024, 03.39 PM ISTAdani entity sells 2.76% in Ambuja Cement for Rs 4,251 crore Billionaire Gautam Adani's entity, Holderind Investments, sold 2.76% stake in Ambuja Cements for Rs 4,251 crore through an open market transaction. GQG Partners purchased shares worth '1,679 crore, increasing its stake from 1.35% to 2.04%. SBI Life ...
24 Aug, 2024, 12.36 AM ISTGQG buys 17.1 million shares of Ambuja Cements via block deal Adani Group's Holderind Investments sold approximately 68 million shares. Following the transaction, Ambuja's stock initially jumped 4%. The Adani Group now holds a 70.33% stake. Recently, Ambuja enhanced its market share by acquiring Penna Cement, ...
23 Aug, 2024, 07.17 PM ISTHow Adani bull Rajiv Jain¡¯s GQG reshuffled 13-stock portfolio in election season During June quarter, GQG Partners, led by Rajiv Jain, boosted stakes in Adani Energy, Adani Enterprises, Adani Ports, and ITC, while trimming holdings in IDFC First Bank and Patanjali Foods. GQG's India portfolio has grown to nearly Rs 90,000 crore,...
31 Jul, 2024, 08.04 PM ISTAdani Energy rolls out $1-bn QIP; base deal of up to $700 mn Adani Energy Solutions launched a $1 billion qualified institutional placement, comprising a $700 million base deal and an option for an additional $300 million. Shares are priced at ?976, a 13.24% discount. The funds will be used for subsidiaries' ...
31 Jul, 2024, 07.38 AM ISTAdani Energy Solutions launches QIP, sets floor price at Rs 1027 per share Adani Energy Solution commenced a qualified institutional placement, targeting to raise up to $1 billion. The floor price has been set at Rs 1027.1 per share. This fundraising comes after the group's stock prices rebounded from a significant drop af...
30 Jul, 2024, 06.02 PM ISTAdani Energy set to raise up to $1 billion via QIP This will be the first equity fundraising by an Adani Group company since Adani Enterprises called off its ?20,000 crore follow-on public offer (FPO) in February last year after having raised the amount.
30 Jul, 2024, 01.21 PM IST