Quant Mutual Fund decreased its stake in Adani Power Limited from 1.23% to 1.04%, selling 38,180,466 shares.
A leading private thermal power producer in India, Adani Power generates and supplies electricity through a diversified portfolio of long-term power purchase agreements, short-term contracts, and merchant sales. Operating as part of the Adani Group conglomerate, the company operates thermal power generation projects across multiple locations nationwide. It serves utility companies, industrial customers, and state power distribution entities through both contracted and competitive spot market channels.
Built a quantitative, data-driven investment philosophy in an industry dominated by discretionary stock pickers. Manages over Rs 1.2 lakh crore. Founded by Sanjeev Sharma, Quant MF uses VLRT (Valuation, Liquidity, Risk, and Time) framework to run high-turnover, tactically active portfolios. Grew from obscurity to one of India's top-15 AMCs in under five years, attracting both retail capital and scrutiny for its aggressive churn.
