LIC, GQG, and FII Shareholding Changes in Adani Stocks During Q3
📈 Adani Group Portfolio Rebalancing: Q4 December Update
The **December quarter** saw significant rebalancing within key investor holdings across the Adani Group.
**Life Insurance Corporation (LIC)** adjusted its exposure to core Adani entities. LIC **reduced** its stake in both **Adani Enterprises** and **Adani Ports & SEZ**. Conversely, it actively **increased** its holding in **ACC Ltd.**, signaling a selective shift within the conglomerate's portfolio.
Meanwhile, **GQG Partners** executed a profit-taking strategy. The firm **booked profits** by reducing its holdings in both **Adani Ports & SEZ** and **Adani Power**.
The broader institutional landscape showed varied activity. **Foreign Institutional Investors (FIIs)** exhibited **mixed movements** across the Adani stock basket. Similarly, **Domestic Mutual Funds** also made **adjustments** to their respective positions, reflecting diverse investment rationales during the period.