LIC increases stake in IRCTC to 7.278%

Life Insurance Corporation of India's (LIC) shareholding in "Indian Railway Catering and Tourism Ltd." has increased from 4,00,42,625 to 5,82,22,948 Equity Shares increasing its shareholding from 5.005% to 7.278% of the paid-up capital of the said Company.

Indian Railway Catering and Tourism Corporation is a wholly owned subsidiary of the Indian Railways, Ministry of Railways, Government of India. It provides ticketing, catering, and tourism services for the Indian Railways.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 734.55 as compared to the previous close of Rs. 688.60. The total number of shares traded during the day was 554672 in over 22941 trades.

The stock hit an intraday high of Rs. 741.50 and intraday low of 689.40. The net turnover during the day was Rs. 398419024.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 IRCTC StakeIncrease