NEW DELHI: Marking a third round of investment in Adani stocks in the last four months, US-based GQG Partners and others on Wednesday bought around $1 billion worth of the conglomerate’s stocks, according to a report.GQG and other investors have bought $1 billion of additional stakes in Adani Group stocks through block deals, ET Now reported quoting sources close to the matter.— ETNOWlive (@ETNOWlive) During the day, block deal of 18 million shares or 1.6% of outstanding equity was noticed in shares of Gautam Adani’s flagship entity Adani Enterprises while Adani Green Energy had a total of 35.2 million shares or 2.2% of outstanding equity change hands.Shares of Adani Enterprises were trading 5.5% higher at Rs 2,405 while the stock of its green unit was flat following the block deal.The block trade for Adani Enterprises was transacted at Rs 2,300 while the Adani Green deal was priced at Rs 920, Bloomberg data showed.Led by NRI Rajiv Jain, GQG had made a Rs 15,446 crore contra bet in March to pick stakes in four Adani Group firms – Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission and Adani Enterprises.Last month, Jain said GQG had raised its stake in the Ahmedabad-based conglomerate fighting against the Hindenburg attack by about 10% and may take part in any future fundraising by the conglomerate.The emerging markets fund manager has in the past expressed confidence that Adan stocks could even deliver multibagger returns over five years.”Chances are we’ll probably buy more because we typically initiate a position and then depending on how things go and how the earnings come through, we tend to get it to full size because we’re not at full size at this point,” Jain had told reporters a week after buying into the Adani Group in March.Despite a recovery seen in Adani stocks following a series of investor confidence-building measures taken by the group in the aftermath of the Hindenburg report, the combined market value of all 10 listed entities is still hovering around the Rs 10 lakh crore mark – around 48% lower than pre-Hindenburg days.