Daily BriefsUtilities Sector

Daily Brief Utilities: Adani Green Energy and more

In today’s briefing:

  • Analysis of Adani Group Shareholder Structure Changes in Q1 – Stock Moved

Analysis of Adani Group Shareholder Structure Changes in Q1 – Stock Moved

By Travis Lundy

  • Every quarter, Indian companies report their “Shareholding Pattern” for all to see. They show holdings by category type, and holders over 1%. 
  • The big news in Q1 in AdaniLand was the failed FPO, thwarted by the Hindenburg Research report, and the Adani Promoter sale of stakes in 4 companies to GQG Partners. 
  • The details in the change of the shareholder structure are, however, interesting.

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