{"id":598338,"date":"2023-08-18T12:00:36","date_gmt":"2023-08-18T06:30:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598338"},"modified":"2023-08-18T12:54:17","modified_gmt":"2023-08-18T07:24:17","slug":"adani-power-up-6-in-2-days-hits-7-mth-high-after-gqg-partners-stake-buy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-up-6-in-2-days-hits-7-mth-high-after-gqg-partners-stake-buy\/","title":{"rendered":"Adani Power up 6% in 2-days, hits 7-mth high after GQG Partners stake buy"},"content":{"rendered":"<p>Shares of Adani Power hit seven-month high of Rs 297.10, up 4 per cent on the BSE in Friday\u2019s intra-day trade in an otherwise a subdued market. The stock of Adani Group integrated power utilities company was quoting at its highest level since January 2023. In comparison, the S&amp;P BSE Sensex was down 0.39 per cent at 64,899 at 09:49 am. <\/p>\n<p>In the past two days, the counter has rallied 6 per cent after Australia-listed investment firm, GQG Partners, invested $1.1 billion (Rs 9,000 crore) in Adani Power by buying an 8.1 per cent stake from the Adani family via multiple block deals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Adani Power hit seven-month high of Rs 297.10, up 4 per cent on the BSE in Friday\u2019s intra-day trade in an otherwise a subdued market. The stock of Adani Group integrated power utilities company was quoting at its highest level since January 2023. In comparison, the S&amp;P BSE Sensex was down 0.39 per cent at 64,899 at 09:49 am. In the past two days, the counter has rallied 6 per cent after Australia-listed investment firm, GQG Partners, invested $1.1 billion (Rs 9,000 crore) in Adani Power by buying an 8.1 per cent stake from the Adani family via [&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-598338","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\/598338","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=598338"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598338\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}