Analyses et prévisions de marché

Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

Déni de responsabilité:  ForexMart ne donne pas de conseils d'investissement. Les analyses fournies ne peuvent pas être interprétées comme une promesse de résultats futurs.

Adani Group shares bounce back


Mars, 03 2023
watermark Economic news

Shares of Indian conglomerate Adani surged to INR 1,879.50 on Friday after US company GQG Partners Inc invested $1.87 billion in Adani. Economists say the investment eased concerns about the ability of Gautam Adani's group to attract financing.


The purchase of Adani's securities by an investment firm was the first major investment in the Gautam Adani conglomerate after it faced huge problems following the publication on January 24 of a report by the New York Hindenburg Research, accusing Adani Group of market manipulation and fraud. Then it led to the collapse of the market value of 7 firms of the group in the amount of more than $130 billion.


Adani Group announced that GQG Partners, which manages approximately $92 billion in assets, has acquired shares in Adani Enterprises, Adani Ports & Special Economic Zone, Adani Transmission Ltd. and Adani Green Energy Ltd. for a total of 154.46 billion Indian rupees ($1.88 billion).


GQG Partners CEO Rajeev Jain said his company sees significant long-term growth opportunities for Adani companies and is excited to invest in a business that will help develop the Indian economy and energy infrastructure. As you know, GQG Partners is one of the world's leading investors in emerging markets and is known for its strategy of investing in the most reliable assets.


As a result, stock prices of all 10 Adani Group companies rose. Adani Enterprises Ltd. jumped almost 17%, Adani Ports & Special Economic Zone rose 9.8%, Adani Transmission – 5%, Adani Green Energy – also 5%.


Laissez un commentaire

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.