LIC increases stake in HDFC Asset Management Company Ltd

Life Insurance Corporation of India's (LIC) shareholding in "HDFC Asset Management Company Ltd." has increased from 1,49,84,224 to 1,93,11,744 Equity Shares increasing its shareholding from 7.024% to 9.053% of the paid-up capital of the said Company.

Shares of HDFC Asset Management Company Limited was last trading in BSE at Rs. 2260.80 as compared to the previous close of Rs. 2269.95. The total number of shares traded during the day was 8216 in over 968 trades.

The stock hit an intraday high of Rs. 2283.00 and intraday low of 2244.60. The net turnover during the day was Rs. 18630355.00.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 708.65 as compared to the previous close of Rs. 724.45. The total number of shares traded during the day was 295159 in over 15076 trades.

The stock hit an intraday high of Rs. 730.00 and intraday low of 706.00. The net turnover during the day was Rs. 211805103.00.

Source : Equity Bulls

Keywords

HDFCAssetManagementCompany INE127D01025 LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeIncrease