{"id":560234,"date":"2023-03-04T09:27:45","date_gmt":"2023-03-04T03:57:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=560234"},"modified":"2023-03-04T09:58:45","modified_gmt":"2023-03-04T04:28:45","slug":"adani-group-stocks-jump-after-us-based-investment-firm-gqg-partners-bet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-stocks-jump-after-us-based-investment-firm-gqg-partners-bet\/","title":{"rendered":"Adani Group stocks jump after US-based investment firm GQG Partners bet"},"content":{"rendered":"<p>All the 10 Adani Group stocks rallied on Friday, capping their best week since Hindenburg Research\u2019s report was published on January 24, and led to a wipe out of over $150 billion (Rs 12 trillion) of its market value.<\/p>\n<p>Rajiv Jain-led GQG Partners\u2019 acquisition of $1.87 billion (Rs 15,446 crore) worth of stake in four Adani Group companies was seen by investors as a vote of confidence for the beleaguered group.<\/p>\n<p>The group flagship Adani Enterprises rallied the most at 17 per cent, extending this week\u2019s gain to 43 per cent. Adani Ports &amp; SEZ gained nearly 10 per cent, while the remaining eight stocks added around 5 per cent each. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>All the 10 Adani Group stocks rallied on Friday, capping their best week since Hindenburg Research\u2019s report was published on January 24, and led to a wipe out of over $150 billion (Rs 12 trillion) of its market value. Rajiv Jain-led GQG Partners\u2019 acquisition of $1.87 billion (Rs 15,446 crore) worth of stake in four Adani Group companies was seen by investors as a vote of confidence for the beleaguered group. The group flagship Adani Enterprises rallied the most at 17 per cent, extending this week\u2019s gain to 43 per cent. Adani Ports &amp; SEZ gained nearly 10 per cent, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-560234","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=560234"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560234\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=560234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=560234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=560234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}