Bhutan

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Markets, IPOs & Wealth 10 Oct 2026, 06:15 AM IST

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.

By RDU Global Wire5 min read

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Co-Occurring Entities

Entities frequently referenced alongside Bhutan:

New Delhi(1)Kazuo Ueda(1)Japanese government(1)Japan(1)GQG Partners(1)Bank of Japan(1)