GQG, other foreign investors pour in $1 bn in Adani cos
New Delhi, Jun 28 (PTI) US-based boutique investment firm GQG Partners and other foreign investors have bought close to USD 1 billion of additional stakes in Adani group companies as billionaire Gautam Adani continues to rebuild market confidence since hit by a damning report of a US short seller.
The investors bought 18 million, or 1.6 per cent, from the Adani family in the group's flagship Adani Enterprises Ltd in a single block trade. In the renewable energy firm Adani Green Energy, a total of 35.2 million shares, or 2.2 per cent, changed hands, sources aware of the matter said.
Stock market data showed large block trades in both companies in early Wednesday trading.
