LIC dilutes stake in Orissa Minerals Development Company Ltd

Life Insurance Corporation of India's (LIC) shareholding in "ORISSA MINERALS DEVELOPMENT COMPANY LTD." has diluted from 4,54,163 to 4,23,996 Equity Shares decreasing its shareholding from 9.086% to 7.067% of the paid-up capital of the said Company.

Orissa Minerals Development Company Limited was incorporated in 1918. It operates various Iron Ore and Manganese Ore in various districts through leases.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 615.75 as compared to the previous close of Rs. 620.35. The total number of shares traded during the day was 42538 in over 2269 trades.

The stock hit an intraday high of Rs. 624.20 and intraday low of 614.15. The net turnover during the day was Rs. 26368899.00.

Shares of The Orissa Minerals Development Company Limited was last trading in BSE at Rs. 4036.85 as compared to the previous close of Rs. 4160.50. The total number of shares traded during the day was 3059 in over 874 trades.

The stock hit an intraday high of Rs. 4253.15 and intraday low of 3933.45. The net turnover during the day was Rs. 12696346.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeReduction TheOrissaMineralsDevelopmentCompany INE725E01024