GQG Partners shares rebound over 15% after slump following US bribery charges against Adani

  • Posted on November 22, 2024
  • By Business News Today
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GQG Partners shares rebound over 15% after slump following US bribery charges against Adani

Rajiv Jain-led GQG Partners, listed on Australia's ASX, saw a 15.5% rebound in its shares to AUD 2.46 on Friday, after a 19.3% drop following bribery charges in the U.S. against Gautam Adani and other Adani Group executives. The charges, related to securities fraud and conspiracy in Adani's renewable energy business, triggered a significant sell-off in Adani Group stocks.
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