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GQG Partners, other investors buy 8.1% stake in Adani Power

17 Aug 2023 Evaluate

GQG Partners along with other investors has bought an 8.1 per cent stake in Adani Power for over Rs 9,000 crore ($1.1 billion) as the marquee investor shrugged off damning report of a US short seller to invest in billionaire Gautam Adani's group. GQG Partners and other investors bought 31.2 crore shares of Adani Power in a block deal. 

Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.

Adani Power Share Price

198.40 5.30 (2.74%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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