Adani bull GQG caught in cross-firing as shares crash 26%, may review portfolio
- Posted on November 21, 2024
- By Business News Today
- 2 Views
Adani bull GQG caught in cross-firing as shares crash 26%, may review portfolio
GQG Partners, an investment firm that heavily invested in Adani stocks, is reviewing its portfolio following U.S. prosecutors indicting Gautam Adani and others on bribery charges. GQG's shares plummeted 26% after the news, while Adani Group stocks fell by up to 20% in India.