yemdoing Posted January 31, 2023 Report Share Posted January 31, 2023 what say people ? our family have few policies and we worried now. Quote Link to comment Share on other sites More sharing options...
perugu_vada Posted January 31, 2023 Report Share Posted January 31, 2023 what happened ? Quote Link to comment Share on other sites More sharing options...
yemdoing Posted January 31, 2023 Author Report Share Posted January 31, 2023 Just now, perugu_vada said: what happened ? LICs exposure to Adani company Quote Link to comment Share on other sites More sharing options...
Popular Post Truth_Holds Posted January 31, 2023 Popular Post Report Share Posted January 31, 2023 State-owned insurance behemoth Life Insurance Corporation of India (LIC) on Monday clarified that its total exposure in Adani Group companies is less than 1% of its total assets under management (AUM) at book value 3 Quote Link to comment Share on other sites More sharing options...
matta_prabhu Posted January 31, 2023 Report Share Posted January 31, 2023 2 cr policy started uncles with 7cr return in next 25 yrs 1 Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted January 31, 2023 Report Share Posted January 31, 2023 13 minutes ago, Truth_Holds said: State-owned insurance behemoth Life Insurance Corporation of India (LIC) on Monday clarified that its total exposure in Adani Group companies is less than 1% of its total assets under management (AUM) at book value They are exposed, but it looked like they invested 7k crores which became 85k crores before it started going down. So , they are still profit. But if they continue to invest now or Adani becomes zero , they will have bear loss. Quote Link to comment Share on other sites More sharing options...
Popular Post pakeer_saab Posted January 31, 2023 Popular Post Report Share Posted January 31, 2023 19 minutes ago, yemdoing said: what say people ? our family have few policies and we worried now. Dont believe all the $hit from the negative propaganda on Adani if Adani goes down, Ambani goes down and entire stock market goes down too this is a hit job against Adani and things will be clear in few months 5 Quote Link to comment Share on other sites More sharing options...
Tellugodu Posted January 31, 2023 Report Share Posted January 31, 2023 21 minutes ago, yemdoing said: what say people ? our family have few policies and we worried now. State owned company ki default bayam enti bro, govt of Ind will back it if anything wrong happens. 1 Quote Link to comment Share on other sites More sharing options...
nuvvu_naakina_paalem Posted January 31, 2023 Report Share Posted January 31, 2023 28 minutes ago, yemdoing said: what say people ? our family have few policies and we worried now. paaye Quote Link to comment Share on other sites More sharing options...
argadorn Posted January 31, 2023 Report Share Posted January 31, 2023 8 minutes ago, Tellugodu said: State owned company ki default bayam enti bro, govt of Ind will back it if anything wrong happens. It will privatize just like air india antay ga Quote Link to comment Share on other sites More sharing options...
pichhipullayya Posted January 31, 2023 Report Share Posted January 31, 2023 34 minutes ago, yemdoing said: what say people ? our family have few policies and we worried now. LIC money is well diversified.. they invested in lot of PSUs too, which dint perform and value went down. LIC is too huge and as long as its diversified , it may lose some value but will never fail. 1 Quote Link to comment Share on other sites More sharing options...
JackSeal Posted January 31, 2023 Report Share Posted January 31, 2023 12 minutes ago, hunkyfunky2 said: They are exposed, but it looked like they invested 7k crores which became 85k crores before it started going down. So , they are still profit. But if they continue to invest now or Adani becomes zero , they will have bear loss. Wrong … LIC invested 36k crores and market value dropped from 85k core to 56k crore last week. 1 Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted January 31, 2023 Report Share Posted January 31, 2023 9 minutes ago, JackSeal said: Wrong … LIC invested 36k crores and market value dropped from 85k core to 56k crore last week. Okay , their initial 7k appreciated well, it looks like they continued to invest. They can exit if it were any other firm, but these can't... Modi won't allow SBI and LIC to withdraw. Quote Link to comment Share on other sites More sharing options...
hydusguy Posted January 31, 2023 Report Share Posted January 31, 2023 1 year elections anni news apesi kurchondi Quote Link to comment Share on other sites More sharing options...
hunkyfunky2 Posted January 31, 2023 Report Share Posted January 31, 2023 4 minutes ago, hydusguy said: 1 year elections anni news apesi kurchondi There is very little float and if modi can get SBI and LIC to continue to buy + some FII ( quid pro ) to invest , then Adani will never be down to zero. I think most of their stocks will be down to 30% of highs and stop there Quote Link to comment Share on other sites More sharing options...
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