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More Than Just Adani! GQG Partners India Play Inches Close To ₹1 Lakh Crore

More Than Just Adani! GQG Partners India Play Inches Close To ₹1 Lakh Crore

Business Today
Business Today
  • New Delhi ,
  • Apr 24, 2024,
  • Updated Apr 24, 2024, 6:26 PM IST

 

Very few had heard of Rajiv Jain or his investment company GQG Partner a year ago. The U.S.-based company hit the spotlight when it splurged $2 bn on the beaten down stocks of Adani Group in the Jan-Mar quarter of 2023. Valuations of the Adani Group shares were at a historic low after Hindenburg revelations and no one was willing to touch the stocks. The Indo-U.S. investor took the plunge and has reaped massive benefits from his bold move. Today, the investment group is invested in other Indian companies as well. These are in diverse sectors like real estate, FMCG, energy, banks, telecom and infrastructure. According to reports, the total value of these investments are close to topping the ₹1 lakh crore mark. Here’s a look at how the India investment strategy of GQG Partners is panning out.

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