GQG Partners Emerging Markets Equity Fund publicly holds 11 stocks with a net worth of over Rs. 33,148 Crores. Here are some of the multibagger stocks held by them with Net Profit Margins of up to 31.90 percent
Adani Ports & Special Economic Zone
Adani Ports & Special Economic Zone Limited is engaged in the business of developing, operating, and maintaining port infrastructure and providing port services related to it. It operates Mundra Port which is India’s largest port.
With a market capitalization of Rs. 2,85,516 Crores, the shares of Adani Ports & Special Economic Zone Limited closed at Rs. 1,321.75, up 0.01 percent from its previous day’s close price of Rs. 1,321.65.
It has delivered multibagger returns of 122 percent in a year and as of Q3FY24, it has net profit margins of 31.90 percent
As of Q3FY24 GQG Partners hold a 1.34 percent stake, consisting of 2.89 Crore equity shares of the company. They took fresh entry into the company in the March 2023 Quarter by purchasing a 1.82 percent stake consisting of 3.92 Crore equity shares.
Its revenue from operations grew by 44.58 percent from Rs. 4,786 Crores in Q3FY23 to Rs. 6,920 Crores in FY23, accompanied by increasing profits of Rs. 1,337 Crores to Rs. 2,208 Crores.
Max Healthcare Institute
Max Healthcare Institute Limited owns, operates, and provides medical services through primary care clinics, super-specialty hospitals, and many more by providing operation and management, medical services, clinical, radiology, and other related healthcare services.
With a market capitalization of Rs. 71,567 Crores, the shares of Max Healthcare Limited closed at Rs. 736.40, down 7.38 percent from its previous day’s close price of Rs. 795.10.
It has delivered multibagger returns of 103 percent in a year and as of Q3FY24, it has net profit margins of 21.65 percent
As of Q3FY24 GQG Partners hold a 2.55 percent stake, consisting of 2.47 Crore equity shares of the company. They took fresh entry into the company in the June 2023 Quarter by purchasing a 2.36 percent stake consisting of 2.29 Crore equity shares.
Its revenue from operations grew by 16.90 percent from Rs. 1,142 Crores in Q3FY23 to Rs. 1,335 Crores in FY23, accompanied by increasing profits of Rs. 222 Crores to Rs. 289 Crores.
Adani Power
Adani Power Limited, part of the leading Indian conglomerate the Adani Group, is engaged in the business of generating electricity primarily through thermal energy and solar energy with a capacity of approximately 12,410 MW of thermal energy and 40 MW of solar energy.
With a market capitalization of Rs. 2,13,481 Crores, the shares of Adani Power Limited closed at Rs. 553.50, up 0.66 percent from its previous day’s close price of Rs. 549.85.
It has delivered multibagger returns of 280 percent in a year and as of Q3FY24, it has net profit margins of 21.07 percent.
As of Q3FY24 GQG Partners hold a 1.33 percent stake, consisting of 5.11 Crore equity shares of the company. They took fresh entry into the company in the September 2023 Quarter by purchasing a 1.28 percent stake consisting of 4.93 Crore equity shares.
Its revenue from operations grew by 67.32 percent from Rs. 7,764 Crores in Q3FY23 to Rs. 12,991 Crores in FY23, accompanied by increasing profits of Rs. 9 Crores to Rs. 2,738 Crores.
