Star Investor's Initial Bets In Adani Group Soar to $4.3 Billion In Value

The stock price of Adani Ports and Special Economic Zone Ltd is the latest to double in Mumbai trading Wednesday since GQG Partners initially picked up a stake in the firm in March.

Star investor Rajiv Jain's maiden bet on four Adani Group companies has yielded gains of about $2.4 billion as the conglomerate rebounds after a damaging short-seller report last year.

Mr Jain's $1.9 billion investment in Gautam Adani's empire has soared 130% to about $4.3 billion in just 10 months, according to Bloomberg calculations. 

The stock price of Adani Ports and Special Economic Zone Ltd., widely deemed the crown jewel of the group, is the latest to double in Mumbai trading Wednesday since GQG Partners initially picked up a stake in the firm in March.