LIC dilutes stake in Sun Pharma

Life Insurance Corporation of India's shareholding in "SUN PHARMACEUTICALS INDUSTRIES LTD." has diluted from 12,05,24,944 to 7,22,68,890 Equity Shares, decreasing its shareholding from 5.023% to 3.012% of the paid-up capital of the said Company.

The Company is engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulations and Active Pharma Ingredients (APIs).

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 660.80 as compared to the previous close of Rs. 659.00. The total number of shares traded during the day was 40309 in over 1491 trades.

The stock hit an intraday high of Rs. 665.95 and intraday low of 659.50. The net turnover during the day was Rs. 26677537.00.

Shares of Sun Pharmaceutical Industries Limited was last trading in BSE at Rs. 1143.70 as compared to the previous close of Rs. 1148.00. The total number of shares traded during the day was 83052 in over 4145 trades.

The stock hit an intraday high of Rs. 1151.00 and intraday low of 1138.30. The net turnover during the day was Rs. 95052436.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeReduction SunPharmaceuticalIndustries INE044A01036