Gautam Adani (Gonzalo Lanzilotta for Benzinga)

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The week saw mixed fortunes for the Adani group with stocks swinging between highs and lows. The spotlight was on Adani Power Limited with a promising 7.35% weekly gain, while Adani Wilmar Limited experienced a minor setback.

Adani Group Stocks End The Week On A High — One Clocked 7% Gain

Energy

Shares of JSW Energy tumbled on Thursday after its promoter group sold shares in the open market, much of which were picked up by Rajiv Jain&#39;s GQG Partners.

Why This Large Cap Stock Is Falling Nearly 3% After Investment From US Firm

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Adani Power&#39;s share price bounced back in the green early on Thursday, halting the two-session losing streak. 

Why Adani Power Shares Are Upbeat Today

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The promoters of the Gautam Adani-led conglomerate are in talks with other global investors for more equity sales after selling shares worth around $3 billion (₹24,700 crore) to Rajiv Jain&#39;s GQG Partners in recent months, sources told the Economic Times.

Adani Group Promoters Likely To Cut Down Stakes Even Further To Shore Up Cash

Gautam Adani, Picture courtesy DGIM studio by Shutterstock and Chirag200201 by Wikimedia Commons

Jain added that GQG expects to be one of the largest investors in Adani Group within five years depending on the valuation. 

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