Adani stocks' surge helps GQG Partners make ₹10,000 crore from investment in less than 3 months
GQG Partners, a US-based global equity investment boutiques, had infused ₹15,446 crore into four Adani Group companies, when the Gautam Adani led conglomerate was under regulatory scanner over violation of market norms, as alleged by a report from US-based short-seller Hindenburg Research.
The Rajiv Jain-led GQG Partners’ ₹15,446 crore investment into four Adani Group companies has generated more than 65% returns in less than three months. The value of this investment now stands at around ₹25,515 crore, up by a staggering ₹10,069 crore, driven by a sharp rally in Adani group stocks.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started