Shock to Adani Group? Most trusted partner LIC reduced its stake, sold 3.89 crore shares – ..
News India Live, Digital Desk: Today there is a big news for those investing money in the stock market and policy holders of LIC (Life Insurance Corporation). Often we hear that LIC has invested in Adani Group, but this time the news is a little different. LIC, the country’s largest government insurance company Adani Energy Solutions Limited Has reduced its stake in.
This news has become a topic of discussion as soon as it came in the market. People are wondering why a big investor like LIC is taking its steps back? Come, let us understand the whole matter in simple language.
How many shares were sold?
According to the information given to the stock markets (Regulatory Filing), LIC has acquired Adani Energy Solutions. 3.89 crore shares Have sold. This is not a small number. If we look at it in percentage, then LIC’s stake in the company is first 3.68% which was now reduced 3% is left.
When did this happen?
It is not that LIC sold all these shares in a single day. This sale has been done over a long period through the “Open Market”. The report states that LIC From 18 July 2024 to 10 December 2025 These shares have been sold between. That means the company has gradually reduced its exposure.
Why was this decision taken?
Market experts believe that this is a common process called ‘Profit Booking’ or portfolio balancing. When share prices rise, big investors often make profits by selling some shares.
However, it is also worth noting that the stock of Adani Energy Solutions was under pressure for some time. Especially after the news of alleged bribery charges (Bribery Charges Indictment) against Gautam Adani in America, the share price had fallen significantly. In such an environment, LIC reducing its stake can also be a signal to investors to be cautious.
What should common investors do?
When this news came on Friday, Adani Energy’s shares were trading slightly down. If you have also invested money in Adani shares, then instead of panic, keep an eye on the fundamentals of the company. Big investors keep buying and selling, but small investors should take steps only after thinking.
At present, LIC still holds 3% stake in this company, which means that their trust has not been completely lost, it has just reduced a little.
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