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Neutral impactCompany

Adani Power shares: GQG Partners-managed entities cut stake to 5.72% from 5.74%

Economic Times 2 hrs ago·9 Oct 2026, 12:58 pm

Global investment firm GQG Partners has reduced its holding in Adani Power by selling 50.39 lakh shares through on-market transactions. This move has slightly decreased the firm's combined stake in the company from 5.74% to 5.72%.

For investors, this minor stake reduction is unlikely to signal a major shift in sentiment, as the stake remains significant. The transaction was conducted in the open market, and the firm continues to hold a substantial interest in the power producer.

Investors should monitor the stock's price action and any future disclosures from GQG Partners to gauge their ongoing view on the company's prospects.