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.
Gautam Adani, has widened with investors yanking hundreds of millions of dollars from the Florida-based money manager GQG ...
GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing ...
Shares in GQG Partners (ASX:GQG) tumbled today after UBS downgraded the company from a buy to a neutral and reduced the stock's price target from $3.30 to $2.30.
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday ...
GQG Partners expressed continued confidence in Adani Group's fundamentals, emphasising the company’s position in India's ...
Shares in GQG Partners climbed on the ASX after Morgans upgraded its rating on the fund manager from 'hold' to 'add' and ...
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