Bullish on Adani group? GQG raises stakes in 3 stocks even as FIIs cut back in market crash

GQG Partners, which has been bullish on the Adani group for quite some time, selectively increased its exposure to key group companies during the January-March quarter, even as stock performance was mixed. Foreign institutional investors (FIIs) and domestic institutional investor Life Insurance Corporation (LIC) largely held steady or trimmed their stakes.Shareholding data for the March quarter shows GQG marginally increasing its stakes in multiple Adani companies. Its holding in Adani Energy So...