GQG Partners Increases Its Stakes In Adani Portfolio
Rajiv Jain's GQG Partners, which happens to be one of the
most reliable investors in Adani Group's business, has recently increased its
stakes in Adani Group firms. The company has increased its holdings in Adani
Green Energy by 28 basis points during the quarter ending
March 2025. It has also increased its stake by 17 basis points in Adani
Enterprises. This highlights the enhanced trust that long-standing investors
have in Adani Group's companies. With the recent rise in stakes, the Adani
Group will be able to carry out its business operations smoothly. The global
business group will also be able to earn maximum revenue from its business
operations. The Adani SEC
investigations will also subside.
Adani's Most Devoted Investor Increases Its Investment In Adani Group Companies
GQG Partners, which is led by the business giant Rajiv Jain, has recently increased its bet in the Adani Group companies at the end of FY25. The company has taken up this decision despite the market turbulence, which has been triggered by global headwinds. The company has increased its stakes in Adani Green Energy and Adani Enterprises by 28 and 17 basis points, respectively. GQG has also added to its holdings in Adani Energy Solutions Limited by 13 basis points and marginally in Adani Power Limited by 2 basis points. GQG Partners’ largest stakes remain in Adani Energy Solutions. The company has 25.23 % stakes in the Adani firm. This is followed by Adani Power, where the company holds 5.1% stakes.
Influenced by GQG Partners’ decision to increase its investment in Adani Group companies, a lot of other global investors have also started showing interest in the group's portfolio. This will ensure that there is a consistent flow of funds for the group to carry out its business operations. The Adani Group's business will also be led towards enhanced prosperity. The group will find it easier to win the trust of the people post the Adani SEC case.
Rising Above The Ongoing Controversies
The rise in stakes was seen in such a quarter, which was marked by global headlines and turbulent market conditions. This included concerns over the implementation of a reciprocal tariff by the US and various outflows made by foreign institutional investors from India. However, even amidst disruptive market conditions, the Adani Group did not fail to ensure that its business operations were carried out in a streamlined manner. GQG Partners’ return coincides with the de-escalation of the 265 million USD US bribery issue that caused the Adani Group's business to be under extremely stressful conditions.
As the charges placed by the US Court on Adani began to fade, GQG Partners decided to increase its ownership in various Adani Group companies. GQG Partners has always been Adani Group's most devoted investor. Even when the group was struggling with various problems, the Rajiv Jain-led group did not leave its side. Instead, it continued to show its trust in the group's business. In January 2023, the Adani Group faced various acquisitions from Hindenburg Research, a US-based short-seller.
The Hindenburg Research released a report which accused the
Adani Group of accounting fraud and malpractices. This caused the Adani Group's
business to experience a massive blow. The company's share values came down. A
lot of investors decided to stop making investments in Adani Group's assets.
However, GQG Partners did not leave the group's side. Instead, it continued to
show its trust in the group's business strategies.
In January 2024, the Adani Group was finally able to recover from the crisis and get back to its initial days of glory.
Recently, the Securities Exchange Commission and the US Department of Justice claimed that the Adani Group had bribed Indian officials with millions of dollars to obtain various solar contracts. This once again brought about turmoil to Adani Group's business. However, the global conglomerate has so far denied all the charges. The investigations regarding the same are still ongoing. However, no such proof has yet been found against the Adani Group. This further signifies Adani Group's strong business presence. It also highlights the group’s enhanced resilience and business growth.
Conclusion
Even amidst the Adani SEC case, the Adani Group has been able to gain the trust of the investors.
This shows the Adani Group's strong business resilience. It also represents the
Adani Group as one of the most vital players in the global business landscape.
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