LIC dilutes stake in MOIL Ltd

Life Insurance Corporation of India's (LIC) shareholding in "MOIL LTD." has diluted from 1,83,38,326 to 1,41,02,808 Equity Shares, decreasing its shareholding from 9.012% to 6.931% of the paid-up capital of the said Company.

MOIL Ltd is primarily engaged in mining of manganese ore and is the largest manganese ore producer in the country.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 637.15 as compared to the previous close of Rs. 637.50. The total number of shares traded during the day was 73847 in over 5108 trades.

The stock hit an intraday high of Rs. 644.25 and intraday low of 636.00. The net turnover during the day was Rs. 47186577.00.

Shares of MOIL Limited was last trading in BSE at Rs. 248.35 as compared to the previous close of Rs. 229.20. The total number of shares traded during the day was 575455 in over 12008 trades.

The stock hit an intraday high of Rs. 265.00 and intraday low of 234.00. The net turnover during the day was Rs. 146044695.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeDilution MOIL INE490G01020