How Did LIC Gain Profitability By Investing In Adani Group Shares?

July 17, 2024 1 Min read Views 13 BUSINESS

Adani LIC has reduced its stake in Adani Enterprises over the past year. The company also made a strategic decision to finally reduce its holdings in Adani Ports from 9.1% to 7.86 %. It even decreased its stakes in Ambuja Cements from 6.3% to 5.69%. Despite all these reductions, LIC’s investment values in the Adani Group companies have increased substantially, causing the company to win an excellent return on its investment.

Tags: Adani LIC

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