Adani Group Shares in Focus as GQG Partners Invests Rs 5,094 Crore

GQG Partners, led by Rajiv Jain, has been significantly increasing its stake in key Adani Group companies through notable block and bulk deals based on exchange data. This strategic move underscores GQG's strong confidence in the Adani Group's long-term prospects across energy, infrastructure, and renewable sectors.

November 2025 Block Deals

In November 2025, GQG Partners executed one of its largest investment rounds, acquiring shares worth over Rs 5,094 crore across five flagship Adani Group companies, namely Adani Power, Adani Green Energy, Adani Enteprises, Adani Ports & SEZ, Adani Energy Solutions.

Adani Power

• Shares Bought: Approximately 8.36 crore

• Price per Share: Rs 153.28

• Total Investment: Rs 1,281.57 crore

Adani Green Energy

• Shares Bought: Approximately 77.39 lakh

• Price per Share: Rs 1,088.6

• Total Investment: Rs 842.53 crore

Adani Enterprises

• Shares Bought: 53.42 lakh

• Price per Share: Rs 2,462

• Investment: Rs 1,315.2 crore

Adani Ports & SEZ (APSEZ)

• Shares Bought: 73.17 lakh

• Price per Share: Rs 1,507.6

• Investment: Rs 1,103.14 crore

Adani Energy Solutions

• Shares Bought: 53.94 lakh

• Price per Share: Rs 1,021.55

• Investment: Rs 551.08 crore

Collectively, these acquisitions highlight GQG’s confidence in the wider Adani Group companies, which span across logistics, infrastructure, energy transmission, and more.

Historically, GQG Partners had already shown confidence in the Adani Group by making substantial investments earlier in 2023. For instance, back in mid-2023, GQG bought an 8.1% stake in Adani Power for over Rs 9,000 crore through one of the largest secondary market equity transactions. 

On that occasion, the shares were procured from the promoter family at an average price of Rs 279.17 per share. Similarly, GQG had bought over 6.5% stakes in Adani Green Energy, along with acquiring shares in Adani Enterprises, and cumulatively invested over $1 billion, which helped stabilise the group amidst challenges posed by external market pressures and short-seller reports.

GQG’s increasing stakes in these block deals indicate a long-term investment horizon and substantial trust in Adani Group's diversified business model, which spans power generation, renewable energy, ports, and infrastructure.

The firm’s moves also come amid an increased focus on deleveraging and expanding the group's strategic projects, as India’s infrastructure and clean energy ambitions grow.

In short, GQG Partners' acquisitions signal a strategic accumulation of shares in Adani Group companies through block/bulk deals revealed on the exchanges. These investments represent a substantial endorsement of Adani Group's growth outlook in energy and infrastructure segments, reinforcing the conglomerate’s position in India’s emerging market landscape.