Adani Power, Adani Green Energy, Adani Ports and Special Economic Zone (APSEZ), among other Adani Group stocks will be in focus on Wednesday after Rajiv Jain-led GQG Partners increased its stake in the five Adani Group companies via block deal.
GQG Partners has increased its stake in Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Adani Green Energy and Adani Energy Solutions, NSE block deal data on November 18 showed.
GQG Partners bought 53.42 lakh shares of Adani Enterprises at ₹2,462 apiece in three block deals. The total transaction value was ₹1,315.20 crore. On the contrary, Reliance Institutional Retirement Trust Series Eleven sold an equal number of Adani Enterprises shares.
The Rajiv Jain-backed investment firm bought 73.17 lakh equity shares of Adani Ports & SEZ in two tranches at ₹1,507.6 per share. The total deal size was at 1,103.14 crore. The seller was Reliance Trust.
GQG Partners acquired 77.39 lakh shares of Adani Green Energy at ₹1,088.6 apiece for a total of ₹842.53 crore. It also purchased 83.61 lakh Adani Power shares at ₹153.28 apiece for ₹1,281.57 crore, block deal data on NSE showed.
Additionally, around 53.94 lakh shares of Adani Energy Solutions worth ₹551.08 crore were also purchased in two transactions at ₹1,021.55 per share.
