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VERIFIEDET Markets·neutral
GQG Partners sells 1.8% stake in GMR Airports for Rs 1,906 crore; Fidelity buys holding
AI Summary
- ·GQG Partners sold a 1.8% stake in GMR Airports, comprising 19.50 crore shares.
- ·The transaction was valued at Rs 1,906 crore, with Fidelity International acquiring the shares.
- ·GMR Airports reported a profit of Rs 400.49 crore for the March quarter.