LIC Reduces Stake in Adani Ports Amid Active Market Movements

Market Performance

Shares of Adani Ports edged higher on the BSE, trading near a 52-week high of ₹1,548.60. The stock has been a strong performer this year, rising 24% year-to-date and delivering multibagger returns of 225% over five years and 528% over ten years, according to BSE data.

LIC’s Stake Sale in Adani Ports

LIC has offloaded a 2% stake in

LIC Sells 2% Stake in Adani Ports via Open Market

through open market transactions as part of its regular portfolio rebalancing in Adani group stocks.

• LIC is among the top public shareholders in several Adani companies.
• The firm owns stakes in seven of the ten Adani group companies.
• Its highest percentage stake is in ACC, a cement manufacturer, followed by notable holdings in Adani Ports, Adani Total Gas, Ambuja Cement, and others.

LIC’s Adani Holdings Snapshot (Q2 FY25)

As per exchange filings, LIC’s total exposure to the Adani Group, including equity and debt, stood at ₹48,284.62 crore as of the last quarter.

Adani Ports Financial Snapshot

Adani Ports has shown strong operational performance in recent quarters.

• Consolidated Net Profit (Q2 FY26): ₹3,120 crore, up 29% YoY
• Total Income (Q2 FY26): ₹10,004.06 crore, up from ₹7,372.37 crore in Q2 FY25
• Growth has been driven by logistics, marine operations, and international business segments.

The company’s consistent revenue growth and strategic expansion have contributed to its market prominence, reflecting resilience in the Indian stock market.

Summary

LIC’s partial exit from Adani Ports is part of its routine portfolio management. Despite the stake sale, Adani Ports continues to perform strongly, trading near its 52-week high, and maintains a dominant position in logistics and port operations. LIC retains significant holdings across multiple Adani group companies, demonstrating a long-term interest in diversified sectors including energy, cement, and infrastructure.