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Listen to this article in summarized format The firm, founded by Rajiv Jain and managing assets of more than $156 billion, attracted widespread attention in 2023 when it bought stakes in Adani Group companies amid a selloff following allegations by US short-seller Hindenburg Research. Read more: Sebi extends IPO-size flexibility on the back of soaring primary market activity GQG's biggest reduction during the quarter was in Adani Energy Solutions, where its stake fell to 1.71% from 4.14% in June. The market value of GQG's holdings across Adani Group companies stood at around ₹39,270 crore at the end of September, compared with ₹47,290 crore a quarter earlier. During January-June 2026, Adani Enterprises accounted for GQG's largest estimated stake reduction at around ₹6,375 crore, followed by Adani Green Energy and Adani Power. Read more: Anand Rathi Share and Stock Brokers Q2 results: Profit jumps 50% YoY to Rs 42 crore, revenue rises 20% Overall FPI holdings showed a mixed trend during the September quarter. Foreign investors reduced their stakes in Adani Power, Adani Green Energy and Adani Energy Solutions, while increasing their holdings in Adani Ports, Adani Enterprises and Adani Total Gas. Mutual funds also showed a mixed pattern. Their holdings declined in Adani Enterprises, Adani Ports and Ambuja Cements, while increasing in Adani Energy Solutions, Adani Power and Adani Green Energy. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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