In the month of march 2023, when Hindenburg released the report against Adani Group. Most of the Adani group stocks fell by almost 75%.

This is when a man came behind Gautam Adani. Whose firm GQG invested ₹15,446 crore in four Adani Group companies through block deals: Adani Enterprises, Adani Ports and Special Economic Zone, Adani Green Energy, and Adani Transmission.

This was important for restoring the confidence of Indian investors.

According to current stock prices, the value of this investment has surpassed 25,000 crore. Through which GQG generated more than 10,000 crore in profits.

Also according to people familiar with the situation, investment firm GQG Partners is in talks for an additional $1 billion investment in Adani Group shares, after reaping substantial returns on the nearly $2 billion it invested in the conglomerate's stocks in March.

If approved, the investment will be part of Adani Group's effort to raise funds through stake sales in three companies: Adani Enterprises, Adani Green Energy, and Adani Transmission.

Adani Green Energy's board of directors will meet soon to consider a similar proposal. Since GQG's investment, the conglomerate's stocks have been on a recovery path, with smart gains in the last few sessions.

So, this shark is none other than Rajiv Jain, who manages assets worth more than 7 lakh crores. In the world of share market or share bazar this was a very vital move which proved to be game changing for Gautam Adani and team.

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