Hot Pursuit     06-Jul-23
LIC pares stake in India Cements
Life Insurance Corporation of India (LIC) disclosed that it decreased its stake in India Cements from 5.875% to 3.833%.
LIC sold ‬‬ 63,27,906 shares, or 2.042% equity, at an average cost of Rs 191.59 via open market sale during the period from 21 November 2007 to 4 July 2023.

India Cements is primarily engaged in manufacture and marketing of cement and cement related products.

LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in the country.

Shares of LIC added 0.22% to Rs 628.30 and India Cements rose 0.31% to Rs 212.80 on the BSE.

Previous News
  LIC raises stake in IDFC First Bank
 ( Hot Pursuit - 05-Jul-24   08:43 )
  Sensex, Nifty hit fresh record highs; Nifty tops 24K; Sensex jumps 569 pts
 ( Market Commentary - Quick Review 27-Jun-24   15:42 )
  Volumes soar at Archean Chemical Industries Ltd counter
 ( Hot Pursuit - 27-Jun-24   11:00 )
  Board of UltraTech Cement approves acquisition of 23% stake in India Cements
 ( Corporate News - 27-Jun-24   09:37 )
  Orient Cement Ltd Surges 10.28%
 ( Hot Pursuit - 27-Jun-24   09:30 )
  Volumes jump at CESC Ltd counter
 ( Hot Pursuit - 26-Jun-24   14:30 )
  India Cements Ltd leads gainers in 'A' group
 ( Hot Pursuit - 26-Jun-24   12:00 )
  Indices rally for 3rd day; auto shares jump
 ( Market Commentary - Quick Review 14-Jun-24   15:46 )
  Sensex up 142 pts; VIX slides 5.50%; European mkt decline
 ( Market Commentary - Mid-Session 14-Jun-24   13:39 )
  LIC raises stake in Dr Reddy's Lab
 ( Hot Pursuit - 14-Jun-24   11:59 )
  LIC hikes stake in Dr Reddy's
 ( Corporate News - 13-Jun-24   20:38 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top