GQG Partners trims Adani Power stake to 5.72% as stock extends 2026 rally
GQG Partners-managed entities have reduced their combined holding in Adani Power to 5.72% from 5.74% after selling 50.39 lakh shares in on-market transactions, according to a disclosure. The move comes as the stock has risen 27.05% in 2026, underscoring continued investor interest in the utility even as portfolio managers rebalance exposure amid a strong run and the company advances its Bhutanese hydropower expansion.
