GQG Partners Stands Firm on Adani Investment Amidst Volatility

CosmicTaco · 2024-11-25T22:42:11.813689+05:30

- GQG Partners, a major investor in Adani Group, confirms it won't sell its stake despite market volatility. - The firm believes its $9.7 billion exposure to Adani is manageable and expects no material impact from US regulatory claims. - GQG remains optimistic about Adani's fundamentals and anticipates continued support from the Indian government. Source: [Mint](https://www.livemint.com/companies/news/gautam-adani-bribery-case-gqg-refuses-to-sell-adani-shares-heres-why-11732540670629.html), [Mint](https://www.livemint.com/companies/news/gqg-partners-totalenergies-investments-adani-group-adani-green-energy-gautam-adani-bribery-charges-indictment-11732536243746.html)

GQG Partners, a major investor in Adani Group, confirms it won't sell its stake despite market volatility.
The firm believes its $9.7 billion exposure to Adani is manageable and expects no material impact from US regulatory claims.
GQG remains optimistic about Adani's fundamentals and anticipates continued support from the Indian government.

Source: Mint, Mint