State-owned LIC revealed last Monday that it has invested Rs 35,917.31 crores in the debt and equity securities of the Adani Group.
Strong show likely on all key parameters
Rate Hike As Expected, May Further Impact Affordable Housing Demand
Will maintain Withdrawal of Accommodation monetary policy stance.
Recommendation: Add; Target Price: Rs 127
Despite Adani Ports and Adani Wilmar both posting gains on Tuesday, the combined losses of the Adani group's seven publicly traded entities remain at $109 billion.
The third quarter's total revenue increased 53% to Rs2,258 crore from Rs1,471 crore in the similar quarter last year.
Here are some stocks that may show significant price movement today.
The second-largest telecom provider in the nation spent a total of Rs9,314 crore on capital during the previous quarter.
Operating profit for the company decreased by over 4% YoY to Rs924 crore, and the margin shrank by 67 basis points to 11.51%.
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