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GQG Partners sold shares worth over $1bn or about ₹12,077 crore in various Adani Group firms during the June quarter.
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India
Who
GQG Partners, Goldman Sachs Trust GQG Partners International Opportunities Fund
What
GQG Partners sold shares worth over $1bn or about ₹12,077 crore in various Adani Group firms during the June quarter.
When
Tue, 14 Jul 2026 05:35:11 GMT · 1h 23m ago
Where
India ·
Why
The reason for the sell-off is not explicitly stated in the source text, but it contrasts with increased stakes by rival foreign and domestic funds.
The Frontline Impact
How this affects you
GQG Partners' significant divestment from Adani Group firms occurred while other funds were increasing their stakes, indicating a divergence in investment strategies towards the conglomerate.
Story chain
1 event in this threadNo related history yet - this is the origin event.