Adani Group’s $79 Billion Rally Makes a Winner of GQG’s Rajiv Jain
- Some Adani stocks have more than doubled since March purchase
- GQG investment in conglomerate valued at more than $7 billion
Rajiv Jain
Photographer: Christopher Goodney/BloombergThis article is for subscribers only.
Few investors anywhere in the world this year have likely timed their trade as well as Rajiv Jain.
The sharp rebound in listed stocks of Indian billionaire Gautam Adani has proved to be a windfall for the emerging-market investor, just nine months after his firm GQG Partners Inc. bought into the Indian conglomerate.