GQG Launches Buyback After Stock Tumbles on Adani Probe
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.
GQG Partners Refuses to Sell Adani Stocks Despite Bribery Scandal and 26% Loss
GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing to sell, despite mounting controversy.
Adani US Case: Madhusudan Kela, Abhay Agarwal, GQG Partners Double Down On Group Stocks
Adani Green Energy Ltd. stated in an exchange filing on Nov. 27 that the reported charges were incorrect and the DoJ indictment does not include these three Adani officials in any corruption or bribery counts.
Adani investor GQG Partners' shares see worst day after Gautam Adani's indictment
The stock closed 19.32% lower on Thursday, the investment firm's steepest one-day fall since its listing on Oct. 2021.
GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the U.S. over charges of bribery and fraud.
GQG Plans Buyback After Stock Slumped on Adani Investments
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares after they plunged on concern over the money manager’s exposure to the embattled Indian conglomerate.
GQG Partners' Steadfast Support Amid Adani Controversy
Boutique investment firm GQG Partners has expressed confidence in the Adani group despite recent bribery allegations against its promoters. GQG believes the charges target individuals and not the firms themselves,
GQG Partners, with a $8.1 bn exposure to Adani Group, does not see material impact on operations
As of November 21, GQG's total exposure in Adani Group stood at $8.1 billion on total assets of $156.7 billion, or 5.2% of total assets.
Sandstone Insights: GQG share price drops amid Gautam Adani bribery charges
Explore the repercussions of bribery charges against Gautam Adani on GQG's stock, and potential impacts on investor confidence.
GQG Partners Says Adani Group Companies "Well-positioned For Future"
Global investment company GQG Partners has maintained that it continues to believe each individual Adani Group company is "well-positioned for the future" and as of now it has "not changed our view on the prospects for these investments.
After GQG, Abu Dhabi's IHC backs Adani over US indictment
International Holding Company, which is listed on the Abu Dhabi Securities Exchange, is the third-largest foreign investor in Adani, having put in $2.5 billion.
Jarden Sticks to Its Buy Rating for GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG)
In a report released yesterday, Elizabeth Miliatis from Jarden maintained a Buy rating on GQG Partners, Inc. Shs Chess Depository Interests ...
Fundamentals of Adani firms look sound, says foreign money manager GQG Partners
The day before the indictment on November 19, GQG had total exposure to Adani Group companies of $9.7 billion on a total ...
Why GQG, Novonix, Silex, and Vulcan Energy shares are sinking today
These shares are having a tough time on hump day. But why? The post Why GQG, Novonix, Silex, and Vulcan Energy shares are sinking today appeared first on The Motley Fool Australia.
GQG confident of Govt. backing for group, inaction by regulators
Florida-headquartered investment firm GQG Partners, that bought significant stakes in seven Adani group listed firms in the aftermath of the Hindenburg Research allegations against the group last year ...