Adani stocks: GQG hikes stake in 4 companies, promoter and LIC holding down in 2

NRI investor Rajiv Jain's GQG Partners has increased its stake in at least four Adani Group companies during the September quarter, despite a decrease in promoter holding for two of them. An analysis of the September quarter shareholding pattern shows that GQG's stake in Adani Energy Solutions rose from 4.57% in Q1 to 4.7% in Q2, with Team Jain acquiring 5,511,064 shares of the company.