LIC reduces shareholding in Hindustan Copper Ltd

Life Insurance Corporation of India's (LIC) shareholding in "HINDUSTAN COPPER LTD." has diluted from 9,91,10,743 to 7,90,11485 Equity Shares, decreasing its shareholding from 10.249% to 8.171% of the paid-up capital of the said Company.

It is the first Indian PSU and only vertically integrated copper producing company. HCL is engaged in various processes right from copper mining to the final stage of converting copper into saleable products.

Shares of Hindustan Copper Limited was last trading in BSE at Rs. 159.35 as compared to the previous close of Rs. 156.35. The total number of shares traded during the day was 845284 in over 9385 trades.

The stock hit an intraday high of Rs. 161.20 and intraday low of 152.40. The net turnover during the day was Rs. 132628785.00.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 645.05 as compared to the previous close of Rs. 645.00. The total number of shares traded during the day was 54278 in over 3314 trades.

The stock hit an intraday high of Rs. 649.10 and intraday low of 644.10. The net turnover during the day was Rs. 35049851.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeDilution HindustanCopper INE531E01026