Mahanagar Gas ltd is engaged in the business of City gas distribution (CGD), supplying natural gas in the state of Maharashtra.
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 rose 0.30% to Rs 661 while those of Mahanagar Gas added 1.26% to Rs 1,043.90 on the BSE.