A year ago, Rajiv Jain's GQG Partners made a daring contra bet on Adani Group stocks amidst controversy, leading to significant gains.
Source: Economic Times
Jain's strategic investment in four Adani Group companies has more than doubled in market value, from a Rs. 15,000 Crore investment that now stands at Rs. 34,489 Crores.
Source: Economic Times
GQG didn't just stop with initial stakes; they expanded their investments, showing confidence in Adani Group's growth potential.
Source: Economic Times
Despite ongoing SEBI investigations, Jain's GQG Partners continued investing, reflecting unwavering confidence in the Adani Group.
Source: Economic Times
Over the past year, Adani Group's debt reduction and growth plans have significantly recovered stock values, impressing investors.
Source: Economic Times
The Supreme Court's rulings bolstered Adani Group's credibility, further driving the strong recovery of their stock prices.
Source: Economic Times
Since GQG's investment, the market value of the four Adani Group stocks has impressively more than doubled.
Source: Economic Times