LIC Witnesses 59% Surge in Investments in Adani Stocks

LIC

NEW DELHI: LIC, India’s state-owned insurance giant, has reported a significant 59% increase in the value of its investments in Adani group companies during the fiscal year 2023-24. This surge comes as the conglomerate rebounded impressively following a period of scrutiny triggered by a controversial short seller report. Data from stock exchanges reveals that the … Read more