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 after Gautam Adani, the conglomerate's chair, was indicted in the U.S. over charges of bribery and fraud.
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The scandal centers on Adani Green Energy, but GQG was quick to clarify the charges target individuals, not the company or ...
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion ...
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares ...
The stock closed 19.32% lower on Thursday, the investment firm’s steepest one-day fall since its listing on Oct. 2021.
GQG Partners expressed continued confidence in Adani Group's fundamentals, emphasising the company’s position in India's ...
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In a report released on November 22, Julian Braganza from Goldman Sachs maintained a Buy rating on GQG Partners, Inc. Shs Chess Depository ...
GQG Capital's memo reveals doubts on Adani stocks, lacking strong support amid declining profits and skepticism.
The day before the indictment on November 19, GQG had total exposure to Adani Group companies of $9.7 billion on a total ...
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