LIC

Asian Paints share price in focus as LIC raises stake in the paint maker to 7%: Know More Here

Asian Paints share price in focus as LIC raises stake in the paint maker to 7%: Know More Here

After the state-run insurance behemoth Life Insurance Corporation of India (LIC) increased its ownership holding in Asian Paints, the company’s share price increased by more than one per cent on Wednesday. On the BSE, Asian Paints’ stock increased by up to 1.59% to ₹2,427.80 a share. Through open market purchases, LIC reported raising its stake […]

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LTIMindtree shares in focus as LIC increases stake to 7%

LTIMindtree shares in focus as LIC increases stake to 7%

Life Insurance Corporation of India (LIC), a major insurance firm and the biggest domestic institutional investor in India increased its ownership of the IT company LTIMindtree through open market acquisitions. By increasing its ownership in LTIMindtree equity shares from 1,49,06,665 to 2,08,34,009, or 5.033% to 7.034% of the company’s paid-up capital, LIC said in an

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Bank of Maharashtra stock in focus after LIC raises stake via QIP

Bank of Maharashtra stock in focus after LIC raises stake via QIP

In an October 5, 2024, exchange filing, the Life Insurance Corporation of India (LIC) revealed a substantial increase in its ownership of Bank of Maharashtra, from 4.05% to 7.10%. This rise is in response to the Qualified Institutional Placement (QIP) allocation of 25.96 crore equity shares at a price of ₹57.36 per share. To improve

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LIC increases its investment in Apollo Tyres and Bank of Maharashtra

LIC increases its investment in Apollo Tyres and Bank of Maharashtra

The Life Insurance Corporation of India (LIC) has boosted its interests in the Bank of Maharashtra and Apollo Tyres, which are expected to ignite investor interest in both firms on October 7. The statements, which revealed LIC’s expanding participation in these important industries, were made through regulatory filings. On October 4, the share price of

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