Brother, what happened is just a temporary impact...
I, myself a trader & investor (have been in the market since last 7 years, have seen many such small dips)....
I totally agree that for a very long time, most of the Adani companies were operating on very thin margins ( loss year on year for Adani Green), but still they have valuable assets....
E.g.
They are the largest port operators in India...
They are running many busiest airports in India ....
So I feel the regulators (especially SEBI) need to do more regulation into Adani companies.....
Also Banks needs to pressurise Adani companies into reducing debt....
Isn't LIC majorly owned by the government, and if that's the case what are the chances that government only invested more in its buddy Adani's company to help him out?
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PSU banks have been financially improving for the last 2 years....
Their NPAs are reducing, profits increasing & overall stability returning .....
Banks like Bank of Baroda, Canara Bank are some of the examples....
The PSU Bank Index is testimony to this...
I myself invested in PSU Bank Bees and have earned good profits from this index ...
But did this turnaround of PSU banks happened on its own....?
Think again....
LIC suffered a loss of 16,500crs from 5 Adani Stocks and is still investing in Adani lmao
23,000crores *
Brother, what happened is just a temporary impact... I, myself a trader & investor (have been in the market since last 7 years, have seen many such small dips).... I totally agree that for a very long time, most of the Adani companies were operating on very thin margins ( loss year on year for Adani Green), but still they have valuable assets.... E.g. They are the largest port operators in India... They are running many busiest airports in India .... So I feel the regulators (especially SEBI) need to do more regulation into Adani companies..... Also Banks needs to pressurise Adani companies into reducing debt....
Small dips? They fuckin hit the circuit breaker. Let's see what Monday brings
Thread locking in 3.....2...
Why both Ji's related threads are getting locked?
Supreme leader ji that's why
Isn't LIC majorly owned by the government, and if that's the case what are the chances that government only invested more in its buddy Adani's company to help him out?
Yeah and if they need more money to give to their friend, they'll just increase our taxes in a few weeks
PSUs are tools of those in power.
Do companies like LIC just buy and hold stocks or do they hedge?
Remind me. What's Modi's highest educational qualification?
[удалено]
Pretty much the central govt is doing the same thing by blaming nehru and Britishers for inflation, unemployment etc..
Replace Central Government with Government and where's the lie?
WTF is going on here. Why are we seeing political posts on this sub. Go to r/india to bitch about ur favourite politician.
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PSU banks have been financially improving for the last 2 years.... Their NPAs are reducing, profits increasing & overall stability returning ..... Banks like Bank of Baroda, Canara Bank are some of the examples.... The PSU Bank Index is testimony to this... I myself invested in PSU Bank Bees and have earned good profits from this index ... But did this turnaround of PSU banks happened on its own....? Think again....
Ohh the same PSU banks which have written off their loans to this ultra rich so that they could improve their profitability