General Insurance Corporation of India has sold 2831414 shares of AXIS Bank Ltd

AXIS BANK LTD.'s Promoter, General Insurance Corporation of India has sold 2831414 equity shares of the company through Market Sale in NSE. The shares were sold for a total amount of Rs. 1744679678.

With this transaction, the shareholding of General Insurance Corporation of India has reduced from 37070000 (1.44%) to 34238586 (1.33%). The shares were sold during the period 6/1/2018 to 12/5/2018.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
General Insurance Corporation of India	126029	6/1/2018 to 6/25/2018	37070000 (1.44%)	36943971 (1.44%)
General Insurance Corporation of India	1607669	7/27/2018 to 9/14/2018	36943971 (1.44%)	35336302 (1.38%)
General Insurance Corporation of India	1097716	11/2/2018 to 12/5/2018	35336302 (1.38%)	34238586 (1.33%)

Shares of the company was last trading in BSE at Rs.666.5 as compared to the previous close of Rs. 663.95. The total number of shares traded during the day was 365366 in over 5120 trades.

The stock hit an intraday high of Rs. 676 and intraday low of 665.35. The net turnover during the day was Rs. 244882905.

Source : Equity Bulls

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