Life Insurance Corporation of India sells 1574859 shares of AXIS BANK LTD

AXIS BANK LTD.'s Promoter, Life Insurance Corporation of India has sold 1574859 equity shares of the company through Market Sale in NSE. The shares were sold for a total amount of Rs. 942280638.

With this transaction, the shareholding of Life Insurance Corporation of India has reduced from 293012348 (11.4%) to 291437489 (11.34%). The shares were sold during the period 12/7/2018 to 12/10/2018.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Life Insurance Corporation of India	1574859	12/7/2018 to 12/10/2018	293012348 (11.4%)	291437489 (11.34%)

Shares of the company was last trading in BSE at Rs.619.35 as compared to the previous close of Rs. 604.25. The total number of shares traded during the day was 1787776 in over 5741 trades.

The stock hit an intraday high of Rs. 622 and intraday low of 602.95. The net turnover during the day was Rs. 1090627998.

Source : Equity Bulls

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