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Shares in major Adani investor GQG plunge
Adani investor GQG's shares plunge over 15% after UBS downgrades stock, cuts target price
UBS also cut its target price on the firm from AU$3.30 to AU$2.30, and this marks the Swiss bank's first ever downgrade of the stock since its listing.
This Is Why GQG Thinks Investment In Adani Is A Good Bet
While the Adani Group consists of a network of interconnected companies, each of the group’s listed entities operates independently, GQG noted.
GQG Plans Buyback After Stock Slumped on Adani Investments
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares after they plunged on concern over the money manager’s exposure to the embattled Indian conglomerate.
1d
Adani scandal fallout: Rajiv Jain’s GQG Partners faces client exodus over huge investment bet
The fallout from the US Department of Justice bribery charges against the Adani Group and its chairman, Gautam Adani, has ...
13d
GQG Launches Buyback After Stock Tumbles on Adani Probe
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion ...
14d
GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday ...
10d
GQG Partners Refuses to Sell Adani Stocks Despite Bribery Scandal and 26% Loss
GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing ...
capitalbrief
1d
GQG shares gain as Morgans downplays impact of Adani exposure
Shares in GQG Partners climbed on the ASX after Morgans upgraded its rating on the fund manager from 'hold' to 'add' and ...
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