Adani Boosted by Star Investor's $1.9 Billion Bet

Adani Boosted by Star Investor's $1.9 Billion Bet

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Business

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GQG, a boutique investment firm, has invested $1.87 billion in key Adani stocks, including Adani Ports, Adani Transmission, Adani Green Energy, and Adani Enterprises. Rajiv Jain, from GQG, believes in the quality of Adani's assets and strong cash flows, especially when compared to peers in the US. Despite the investment, Adani needs more funds for repayments. Investor roadshows are planned from the Middle East to the US, concluding on March 14th, to reassure investors.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the key stocks that GQG has invested in?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What upcoming events are mentioned that will help reassure investors?

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