GQG Partners which had bought Adani shares worth â¹35,774 crore in March 2023 a nearly couple of months after a Hindenburg Research report that was critical of the group has seen the value of its investment more than double to â¹81,132 crore as of Friday's closing.
The Qatar Investment Authority, which had invested â¹4,300 crore in Adani Green Energy at â¹923 per share in August 2023, now finds its stake to be worth â¹9,650 crore, with the stock closing at â¹1,925 per share on Friday.
Likewise, International Holding Company, which initially invested â¹16,612 crore in Adani Enterprises in 2022 and subsequently increased its stake to 5 per cent in October last year, has seen the value of its investment rising to â¹23,257 crore, with shares of Adani Enterprises closing at â¹3,385 apiece on Friday.
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