Bullish on Adani group? GQG raises stakes in 3 stocks even as FIIs cut back in market crash

GQG Partners, long bullish on the Adani group, modestly raised stakes in key companies during the March quarter despite mixed stock performance. It increased holdings in Adani Energy Solutions, Adani Green and Adani Enterprises. In contrast, foreign institutional investors and LIC largely maintained or reduced their exposure, reflecting a more cautious stance on the groups risk-reward outlook.