LIC increases stake in GAIL India Ltd

Life Insurance Corporation of India's (LIC) shareholding in "Gail (India) Ltd." has increased from 316,561,652 to 449,287,489 Equity Shares increasing its shareholding from 4.815% to 6.833% of the paid-up capital of the said Company.

GAIL, a Govt.of India undertaking is an integrated natural gas company in India, having natural gas pipelines and LPG pipelines.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 95.20 as compared to the previous close of Rs. 97.80. The total number of shares traded during the day was 1329788 in over 4810 trades.

The stock hit an intraday high of Rs. 98.45 and intraday low of 94.50. The net turnover during the day was Rs. 128245480.00.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 702.05 as compared to the previous close of Rs. 740.00. The total number of shares traded during the day was 447580 in over 22046 trades.

The stock hit an intraday high of Rs. 747.55 and intraday low of 698.05. The net turnover during the day was Rs. 322913784.00.

Source : Equity Bulls

Keywords

GAILIndia INE129A01019 LifeInsuranceCorporationofIndia LIC INE0J1Y01017 StakeIncrease