GQG Partners – Adani Group Block Deals: GQG Partners Ups Stake In Five Adani Group Companies, And Here’s Why You Should Care
Ready for a quick market plot twist? Rajiv Jain led GQG Partners just went on a shopping spree, quietly scooping up more shares across five Adani Group giants through a series of BIG BLOCK deals on November 18. And, the number is clear, Major five groups of Adani.
For those watching the Adani-GQG partnership evolve like a high-stakes financial mashup, this move signals one thing, that is Jain clearly isn’t done betting big on the conglomerate’s comeback story. Whether it’s ports, power, green energy, or airports- you name it, GQG is doubling down.
So, dear reader, what do you think? Smart conviction play or bold risk-taking? Either way, the markets noticed- and if you didn’t, well, consider this your nudge.
GQG Partners – Adani Group Block Deals (Nov 18)
| Company | Shares Bought | Price per Share | Deal Value | Seller |
|---|---|---|---|---|
| Adani Enterprises | 53.42 lakh | ₹2,462 | ₹1,315.20 crore | Reliance Institutional Retirement Trust Series Eleven |
| Adani Ports & SEZ (APSEZ) | 73.17 lakh | ₹1,507.6 | ₹1,103.14 crore | Reliance Trust |
| Adani Green Energy | 77.39 lakh | ₹1,088.6 | ₹842.53 crore | — |
| Adani Power | 83.61 lakh | ₹153.28 | ₹1,281.57 crore | — |
| Adani Energy Solutions | 53.94 lakh | ₹1,021.55 | ₹551.08 crore | — |
GQG Partners – Adani Group Block Deals: What Are Block Deals?
Block deals refer to large transactions of shares usually worth more than ₹5 crore or 5 lakh shares which occur between two large investors (such as mutual funds, FPIs, or institutions).
These are implemented in a different trading window so as not to disrupt the normal market price of the stock.
In simple terms:
Consider a block deal where two large investors are shaking hands inside the stock exchange without the other market members being shocked by their huge trade.
Key features of block deals:
- Minimum size of transaction: ₹5 crore.
- Occur in a special 15-minute window.
- The price should be within the range of 1 percent of the current price of the stock.
- Intended to be used by institutional or high-net-worth investors.
- Helps avoid wide fluctuations in share price.
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
