Capital Group rotates $2B into Adani stocks, trims Reliance stake to 142M shares from 2017 peak

The $3.3T US asset manager has built ~2% positions in Adani Ports (₹74.86B), Adani Power and Adani Green while cutting Reliance Industries holdings by over 80% from a March 2017 peak of 755M shares. Adani Power is up 94% YoY and Adani Green 35%, while Reliance has slipped 8.36% YoY — a clear foreign-investor reweighting between India's top conglomerates.

The $3.3T US asset manager has built ~2% positions in Adani Ports (₹74.86B), Adani Power and Adani Green while cutting Reliance Industries holdings by over 80%

The Hindu BusinessLine · 5/22/2026, 6:57:58 AM · Ask about this →

Reliance Industries + Adani Green Energy + Adani Group + Adani Ports + Adani Power + Capital Group +