Adani stocks are getting no love from India’s money managers ...Middle East

News by : (The Times of India) -
As of end-March, local equity mutual funds' investments in the group represented only 0.9% of the industry's $182bn net assets, down from nearly 2% in December 2020. This caution was shunned by star investor Rajiv Jain of GQG Partners, who had invested nearly $2bn to purchase four Adani stocks, encouraging a rebound of more than $30bn in the group's market value.

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