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Mutual fund share holding in Adani Ports
Mutual funds held 6,67,29,749 shares of Adani Ports in the last January-March quarter. This is a participation of 3.09% of the total paid up capital of the company.
In the October-December quarter of 2022, mutual funds held 9,56,91,283 shares. This was 4.43% of the total paid up capital of the company. That is, in the quarter ended March last, mutual funds sold 2,89,61,534 Adani Ports shares or 1.34% stake.
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LIC shareholding in Adani Ports
LIC held 19,70,26,194 shares of Adani Ports in the last January-March quarter. This is a participation of 9.12% of the total paid up capital of the company.
In the October-December quarter of 2022, LIC held 19,75,26,194 shares. This was 9.14% of the total paid up capital of the company. That is, in the quarter ended last March, LIC sold 5 lakh Adani Ports shares or 0.02% stake.
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After the Hindenburg report came out in January, LIC’s investment in Adani Group shares was criticized. But it is also noteworthy that currently LIC has reduced its shareholding to only 0.02%.
Disclaimer : This is not an investment/trading advice of any kind
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