LIC reduces stake in NMDC

Life Insurance Corporation of India's (LIC) shareholding in "National Mineral Development Corporation Limited" has been diluted from 46,22,22,733 to 40,14,72,157 Equity Shares decreasing its shareholding from 15.772% to 13.699% of the paid-up capital of the said Company.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 684.60 as compared to the previous close of Rs. 683.70. The total number of shares traded during the day was 95105 in over 5173 trades.

The stock hit an intraday high of Rs. 692.00 and intraday low of 683.20. The net turnover during the day was Rs. 65371595.00.

Shares of NMDC Limited was last trading in BSE at Rs. 123.10 as compared to the previous close of Rs. 119.65. The total number of shares traded during the day was 538633 in over 3222 trades.

The stock hit an intraday high of Rs. 123.60 and intraday low of 120.05. The net turnover during the day was Rs. 65881636.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 NMDC INE584A01023 StakeDilution Reduction