Adani Group stocks in which LIC and GQG bought and sold stakes in Q3

Synopsis: In the December quarter, LIC and GQG reshuffled their Adani Group portfolios. LIC reduced its holdings in Adani Enterprises and Adani Ports but increased its stake in ACC, while GQG booked profits in Adani Ports and Adani Power.

In the third quarter, leading institutional investors LIC and GQG reshuffled their holdings in Adani Group stocks. These changes occur amid shifting market trends and evolving investment strategies, indicating where investors see potential growth or risks.

The portfolio adjustments highlight which Adani companies gained attention and which saw reduced stakes. Tracking such moves provides insights into market sentiment and helps investors understand broader trends in the sector.

Here Are the Reshuffles in Q3

Life Insurance Corporation of India (LIC) is not just India’s largest insurer but also its biggest Domestic Institutional Investor (DII), investing policyholder premiums into financial markets, making it a major force stabilizing the Indian economy, with significant stakes in large corporate groups.

The December quarter saw India’s largest domestic institutional investor, Life Insurance Corporation of India (LIC), reducing stakes in two Adani Group companies while raising bets on ACC.

Adani Enterprises Limited

Adani Enterprises Limited (AEL) is the flagship company of India’s Adani Group, acting as a major business incubator for developing new, large-scale infrastructure and utility ventures in India, with current focus areas including airports, roads, green hydrogen, data centers, solar manufacturing, and defence.

In the December quarter, LIC’s stake in Adani Enterprises saw a decline of 0.52 percent, and its ownership reduced from 4.16 percent as of the September quarter to 3.64 percent by the December quarter.

Adani Ports & Special Economic Zone Ltd

Adani Ports and Special Economic Zone Ltd (APSEZ) is India’s largest private port operator, part of the diversified Adani Group, providing integrated port services, logistics, and operating India’s biggest multi-product Special Economic Zone (SEZ) at Mundra, handling diverse cargo across its network of strategically located ports and terminals on both coasts.

In the December quarter, LIC’s stake in Adani Ports fell from 7.73 percent in the September quarter to 6.79 percent, as the PSU insurer chose to book profits during the period.

ACC Ltd

ACC Limited (formerly The Associated Cement Companies) is a major Indian building materials company, part of the Adani Group, specializing in manufacturing and selling cement and ready-mix concrete (RMC) for diverse construction needs.

Ambuja Cements, part of the Adani Group, is merging ACC Limited and Orient Cement into itself, creating a single, large, pan-India cement platform under one listed entity, a move announced in December 2025 to streamline operations, boost efficiency, and achieve significant cost synergies.

In the December quarter, LIC’s stake in ACC Ltd rose by 0.56 percent, increasing from 9.95 percent in the September quarter to 10.51 percent by the December quarter.

GQG Portfolio

GQG Partners, a major Foreign Institutional Investor (FII) in India, is a boutique investment management firm focused on active equity portfolios and manages numerous client assets.

Adani Ports & Special Economic Zone Ltd

Adani Ports and Special Economic Zone Ltd (APSEZ) is India’s largest private port operator, part of the diversified Adani Group, providing integrated port services, logistics, and operating India’s biggest multi-product Special Economic Zone (SEZ) at Mundra, handling diverse cargo across its network of strategically located ports and terminals on both coasts.

In the December quarter, GQG’s stake in Adani Ports saw a decline of 1.22 percent, and its ownership reduced from 3.49 percent as of the September quarter to 2.27 percent by the December quarter.

Adani Power Ltd

Adani Power Ltd. (APL) is India’s largest private thermal power producer, part of the Adani Group, focused on generating electricity from thermal (coal) and solar sources, aiming for energy security with large-scale, efficient projects across India.

GQG slightly reduced its stake in Adani Power, which fell to 1.53 percent by the December quarter. This indicates a minor profit-booking while still maintaining exposure to the stock.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Adani Group stocks in which LIC and GQG bought and sold stakes in Q3 appeared first on Trade Brains.