LIC increases stake in SAIL to 8.687%

Life Insurance Corporation of India's (LIC) shareholding in "STEEL AUTHORITY OF INDIA LTD." has increased from 27,61,48,137 to 35,88,07,919 Equity Shares increasing its shareholding from 6.686% to 8.687% of the paid-up capital of the said Company.

Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and one of the Maharatnas of the country's Central Public Sector Enterprises. SAIL manufactures and sells a broad range of steel roducts.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 601.75 as compared to the previous close of Rs. 603.70. The total number of shares traded during the day was 97182 in over 5023 trades.

The stock hit an intraday high of Rs. 607.00 and intraday low of 600.05. The net turnover during the day was Rs. 58730063.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeIncrease SAIL