Stock Report

LIC increases stake in Dr. Reddys Laboratories Ltd



Posted On : 2023-03-13 16:01:28( TIMEZONE : IST )

LIC increases stake in Dr. Reddys Laboratories Ltd

Life Insurance Corporation of India's (LIC) shareholding in "DR. REDDY'S LABORATORIES LTD." has increased from 1,27,83,287 to 1,61,44,983 Equity Shares increasing its shareholding from 7.676% to 9.695% of the paid-up capital of the said Company.

Dr. Raddy's Laboratories Ltd is a pharmaceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.

Shares of Dr. Reddy's Laboratories Limited was last trading in BSE at Rs. 4396.50 as compared to the previous close of Rs. 4382.05. The total number of shares traded during the day was 3614 in over 1135 trades.

The stock hit an intraday high of Rs. 4410.10 and intraday low of 4352.75. The net turnover during the day was Rs. 15852042.00.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 595.55 as compared to the previous close of Rs. 598.50. The total number of shares traded during the day was 32458 in over 2043 trades.

The stock hit an intraday high of Rs. 597.00 and intraday low of 590.10. The net turnover during the day was Rs. 19265784.00.

Source : Equity Bulls

Keywords

DrReddysLaboratories INE089A01023 RDY StakeIncrease LIC LifeInsuranceCorporationofIndia INE0J1Y01017