📰 ET Stocks 🟢 BULLISH 🕒 09 Oct 2026, 06:28 PM IST

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

⚡ Instant Key Takeaways (TL;DR)

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

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Market & Financial Impact: GQG Partners entities sold 50.39 lakh Adani Power shares through on-market transactions, reducing their combined stake to 5.72% from 5.74%. The disclosure comes as the stock gains 27.05% in 2026 and the company expands into Bhutanese hydropower.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

GQG Partners reduces its Adani Power holding marginally as the stock outperforms the broader market and the company pursues hydropower expansion.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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

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