LIC increases holdings in Adani stocks despite Hindenburg controversy
[ad_1] Life Insurance Corporation of India (LIC), one of the investors in the Indian stock market, has increased its stake in four Adani Group companies despite the Hindenburg controversy that dragged down Adani stock prices. In the March quarter, LIC acquired 357,500 shares of Adani Enterprises, thereby increasing its share in the company from 4.23…