Stock Report

LIC increases stake in Tech Mahindra Ltd

Posted On : 2023-06-07 17:10:38( TIMEZONE : IST )

LIC increases stake in Tech Mahindra Ltd

Life Insurance Corporation of India Limited's (LIC) shareholding in "TECH MAHINDRA LIMITED." has increased from 6,69,25,392 to 8,65,58,538 Equity Shares increasing its shareholding from 6.869% to 8.884% of the paid-up capital of the said Company, an increase of 2.015% during the period from 21.11.2022 to 06.06.2023 at an average cost of INR 1050.77.

Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of countries.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 601.25 as compared to the previous close of Rs. 597.70. The total number of shares traded during the day was 37788 in over 1874 trades.

The stock hit an intraday high of Rs. 605.05 and intraday low of 597.70. The net turnover during the day was Rs. 22725134.00.

Source : Equity Bulls


LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeIncrease TechMahindra