LIC claims multibagger return from its investments in Adani stocks, bonds3 min read . Updated: 30 Jan 2023, 03:36 PM IST
- The total purchase value of equity, purchased over the last many years, under all the Adani group companies is Rs. 30,127 crore and the market value for the same as at close of market hours on January 27th, 2023 was ₹56,142 crore, LIC told Mint
Despite heavy sell-off in Adani Enterprises shares and other Adani stocks after the Hindenburg Research report raising concern over debt positioning of Adani group companies, the Life Insurance Corporation (LIC) of India has claimed it has almost doubled its wealth invested in Adani group asset investments over the period.
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