GQG Partners sells 50.4 lakh Adani Power shares via open market

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

ADANIPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹188.00

prior close

₹189.30

announcement price

In-mkt

timing

Nifty 100market+1.2%-0.9% vs market

Power peers, median of 37sector · industry level+1.0%-0.7% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty 100 and 0.7 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

+0.0

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+1.2-0.9+1.0-0.7

Next day

-1.1+0.7-1.8+0.7-1.8

-1.1+2.2-3.2+1.2-2.3

+3.8+1.8+2.0+2.6+1.2

+4.5+3.1+1.4+1.6+3.0

+4.2+3.7+0.5+1.8+2.4

-0.5+2.1-2.6-2.9+2.5

15d

—————

UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Foreign institutional investor GQG Partners and its PACs sold 5,039,326 Adani Power shares (about 0.03 percent of equity) through open market transactions. Their aggregate stake dropped from 5.74 percent (about 110.75 crore shares) to 5.72 percent (about 110.24 crore shares). The disclosure covers multiple transactions between August 16, 2023 and October 6, 2026 and is filed because cumulative holding change crossed the 2 percent threshold since the last disclosure in August 2023.

Likely market impact

Minor FII stake trim of 0.03 percent. GQG still holds over 5.7 percent. Likely portfolio rebalancing, not a strong bearish signal.