How did LIC earn ₹ 1000 crore from CSK? , Paisa Live


IPL’s most successful team Chennai Super Kings (CSK) has performed well not only on the field but also in business. In 2014, CSK was declared an independent company. Meanwhile, LIC, who had already bought shares of India Cements, suddenly became 6.04% stake in CSK. At that time, CSK shares were priced at ₹ 31. But by 2024, their price reached ₹ 195. This investment gave LIC a profit of about Rs 1000 crore. This shows that the game played on the cricket field also made LIC the owner of crores. Watch the video to know the full story."flex justify-start">

 
 
 
 



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