Hey guys,
I am totally surprised that all adani company with overvalued multiple 100 PE, are clearly pumped by LIC consistently for last several quarters. It clearly shows government (Modi) backed pumping of its share prices. Does anyone know about the ties between the two? While searching on internet i see clear ties between them, isn’t it an obvious display of Chroniysm? Does Adani control this nation? ( Disclaimer : i have no policitcal biases, but i was really surprised to see consistent increase in stake by LIC in all adani stocks ).
Thanks.
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