Hot Pursuit     18-Dec-23
LIC pares stake in Dixon Technologies
Life Insurance Corporation of India (LIC) said that it has decreased its stake in Dixon Technologies India from 5.012% to 3%.
LIC sold 17,94,395 equity shares, or 2% equity, at an average cost of Rs 5,877.65 via open market sale during the period from 20 April 2022 to 15 December 2023.

Dixon Technologies (India) Limited is the largest home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones/smart phones markets in India.

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 0.51% to Rs 800.50 while shares of Dixon Technologies fell 0.84% to Rs 6,263.10 on the BSE.

Previous News
  Life insurers’ new premium income up 15.15% at Rs 27,034 crore in May
 ( Insurance - 11-Jun-24   10:30 )
  LIC pares its stake held in Hero MotoCorp
 ( Corporate News - 15-Dec-23   14:34 )
  Life Insurance Corporation of India consolidated net profit rises 1498.40% in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   07:46 )
  LIC raises stake in IDFC First Bank
 ( Hot Pursuit - 05-Jul-24   08:43 )
  Life Insurance Corporation of India announces board meeting date
 ( Corporate News - 17-May-23   17:20 )
  LIC launches new life insurance plan 'Jeevan Utsav'
 ( Corporate News - 29-Nov-23   10:30 )
  LIC launches new group savings insurance plan
 ( Corporate News - 02-May-23   12:04 )
  LIC hits record high after Q3 PAT climbs 49% YoY to Rs 9,444 cr
 ( Hot Pursuit - 09-Feb-24   11:44 )
  Life insurance companies new business premium down 17% in Feb month
 ( Insurance - 09-Mar-23   22:20 )
  LIC raises stake in Tech Mahindra
 ( Hot Pursuit - 23-Nov-22   10:13 )
  LIC pares stake in Hero Moto Corp
 ( Hot Pursuit - 15-Dec-23   14:58 )
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