LIC investment in Adani in REF
‘LIC investments in AdaniGroup has now turned Negative
Initial investment: ₹ 30,127 Cr
December: ₹ 62,550 Cr
January: ₹ 56,142 Cr
Now: ₹ 29,721 Cr
LIC has lost more than ₹ 30,000 Cr in just two months & is now valuing less than its initial investment.
Why haven’t sebi and rbi done detailed review yet??
Initial investment: ₹ 30,127 Cr
December: ₹ 62,550 Cr
January: ₹ 56,142 Cr
Now: ₹ 29,721 Cr
LIC has lost more than ₹ 30,000 Cr in just two months & is now valuing less than its initial investment.
Why haven’t sebi and rbi done detailed review yet??
Viewed by 606
Every shareholder has lost in adani due to Heidenburg report which may or may not be correct. Jugaad for short selling or doing circular trading in some stock to Jack up artificial price is a big business for large operators in the stock market.
Feb 24
LIC is not a new comer to share market. They have been investing in various instruments in the market. There are number of debentures investment by LIC where total amount is lost. Business of Adani Group has not stopped. I hold some shares of Adani group I am not panicked. Shares will go up and down. Why LIC did not book profit when their investment had doubled. How about LIC`s own shares. Govt. sold to retailors at Rs.942/- and before Adani it never touched 750/-. SEBI has to look after retail investors and not institutions who have experts better than SEBI
Feb 24
Sir, Your mail has been received. Thank you for your mail. We will reply shortly J. M. Upadhyay Chanchal Daily Ph. 9427613251
Feb 23
