LIC reduces stake in The United Nilgiri Tea Estates Company Ltd

Life Insurance Corporation of India's (LIC) shareholding in "THE UNITED NILGIRI TEA ESTATES COMPANY LTD" has decreased from 2,80,170 to 1,66,644 Equity Shares decreasing its shareholding from 5.607% to 3.335% of the paid-up capital of the said Company.

United Nilgiri Tea Estates Company Ltd is primarily engaged in growing and manufacture of Tea and letting out of its commercial property.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 616.75 as compared to the previous close of Rs. 616.40. The total number of shares traded during the day was 98507 in over 6723 trades.

The stock hit an intraday high of Rs. 620.65 and intraday low of 611.10. The net turnover during the day was Rs. 60628520.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 TheUnitedNilgiriTeaEstatesCompany StakeReduction