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GQG Partners, founded by renowned investor Rajiv Jain, has been in the news for its large-scale investments in India in the last two years, especially in Adani Group companies. The firm played a major role in the Adani Group by investing during its crisis (after the Hindenburg report).
Now the news is coming that GQG Partners has increased its stake in ITC. Information released on the exchange states that during Q4 FY25, global investment firm GQG Partners has increased its stake in FMCG and hotel sector giant ITC Limited from 1.87% to 1.96%. This stake increase has come at a time when ITC is going through aggressive expansion and restructuring in its hotel and FMCG segments. Market experts are considering this as a sign of institutional confidence and it shows that foreign investors are confident about the long-term fundamentals of ITC.
| Company Name | equity (%) | Sector |
|---|---|---|
| Adani Power | 5.1% | Electricity generation |
| Adani Energy Solutions | 4.7% | Power transmission |
| Adani Green Energy | 4.2% | Renewable Energy |
| Adani Ports & SEZ | 4.1% | Ports and Logistics |
| Adani Enterprises | 3.5% | Adani Group's flagship company |
| Ambuja Cements | 2.1% | Cement |
| ITC Limited | 1.96% | FMCG, Hotels, Paper, Tobacco |
| IDFC First Bank | 3.36% | Banking Sector |
| Airtel | There were reports of purchases, but the amount is not known | Telecom |
| Macrotech Developers (Lodha) | There were reports of purchases, but the amount is not known. | Real Estate |
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