*LIC Loses ₹16,300 Cr Of Investment Value In Adani Group Stocks Today*
LIC Invst Value In Adani Group Stocks Stands At ₹60,500 Cr Today Vs 76,800 Cr Yesterday
LIC Loses Max Invst Value In Ambuja Cement, Followed By Adani Total & Adani Ports
**Considered Intra-day Lows
Great dilemma
Adani Enterprises FPO Price Band 3112 - 3274.
Now 2 options with Adanis:
-Withdraw FPO
-Revise Price Band
The problem is Adanis cannot revise FPO price more than 10% of the lower band.
Means FPO price cannot go below 2801/-
Share is trading at 2800.
Whats will Adanis do ?
LIC Invst Value In Adani Group Stocks Stands At ₹60,500 Cr Today Vs 76,800 Cr Yesterday
LIC Loses Max Invst Value In Ambuja Cement, Followed By Adani Total & Adani Ports
**Considered Intra-day Lows
Great dilemma
Adani Enterprises FPO Price Band 3112 - 3274.
Now 2 options with Adanis:
-Withdraw FPO
-Revise Price Band
The problem is Adanis cannot revise FPO price more than 10% of the lower band.
Means FPO price cannot go below 2801/-
Share is trading at 2800.
Whats will Adanis do ?