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Shares in major Adani investor GQG plunge
Adani investor GQG's shares plunge over 15% after UBS downgrades stock, cuts target price
UBS also cut its target price on the firm from AU$3.30 to AU$2.30, and this marks the Swiss bank's first ever downgrade of the stock since its listing.
Major Adani Investor GQG Shares Fall 13% After Analyst Downgrade
SYDNEY (Reuters) - Shares of Australian-listed GQG Partners fell 13% on Monday after UBS analysts downgraded the stock and estimated the firm could have lost A$600 million ($390 million) in funds under management following the Adani Group indictment.
GQG Partners Sees 13% Stock Price Drop Following Analyst Downgrade Amid Adani Group Concerns
GQG Partners experiences a 13% drop in stock value post-analyst downgrade, highlighting risks in investing in conglomerates like Adani Group.
Shares in major Adani investor GQG plunge after analyst note on outflows
By Scott Murdoch SYDNEY (Reuters) -Shares of Australian-listed GQG Partners tumbled 13% on Monday after UBS downgraded the stock and said the firm may have lost A$600 million ($390 million) in funds under management in the two days following the indictment of Adani Group executives.
India Today on MSN
18h
Adani group stock: Why Adani Green Energy shares will be in focus today
Shares of Adani Green Energy rose by 20.64% last week, reflecting renewed investor interest. However, the stock remains down ...
8h
Stocks of 6 Adani Group firms settle lower; Adani Total Gas slips nearly 5%
The stock of Adani Total Gas dropped 4.87 per cent to Rs 772 on BSE and Adani Energy Solutions tanked 4.04 per cent to Rs 806 ...
8h
Motilal Oswal says Rs 1.18 lakh crore Adani company stock's valuation attractive, has potential of...
Motilal Oswal said that setting aside the current development of the Adani Group, it believes Ambuja Cements, the second ...
3d
Adani Green soars 19% as group stocks recover sharply amid ongoing U.S. legal challenges
Shares in India’s Adani Group have been rallying on the back of the group’s statement refuting bribery charges against its ...
The News International
5d
Adani Group hit by $55 billion stock rout following fraud claims
India’s Adani Group announced on Wednesday that it had suffered nearly $55 billion in market losses following allegations of ...
9d
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
11d
on MSN
Adani Group Shares Tumble 20% After US Bribery Indictment
Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy ...
7d
How Adani Group misled Indian stock exchanges on the bribery investigation against it
SEBI is yet to announce any action against the group for denying existence of the investigation to BSE and NSE, despite being ...
19h
on MSN
Adani Green Energy shares: Adani group stock in focus today; here's why
Shares of Adani Green Energy soared 20.64 per cent last week but are down 17.88 per cent for the past one-month period.
ABP Live on MSN
1d
Adani Breaks Silence: Statement on Hindenburg Scandal and US Bribery Allegations | ABP News
For the first time, Gautam Adani, Chairman of the Adani Group, has issued a public statement addressing the ongoing ...
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