LIC pares stake in Tata Motors Ltd

Life Insurance Corporation of India's (LIC) shareholding in "Tata Motors Limited" has decreased from 169,802,847 to 102,752,081 Equity Shares, decreasing its shareholding from 5.110% to 3.092% of the paid-up capital of the said Company.

Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 801.35 as compared to the previous close of Rs. 796.40. The total number of shares traded during the day was 254670 in over 10702 trades.

The stock hit an intraday high of Rs. 810.00 and intraday low of 793.55. The net turnover during the day was Rs. 204409334.00.

Shares of Tata Motors Limited was last trading in BSE at Rs. 730.60 as compared to the previous close of Rs. 732.40. The total number of shares traded during the day was 554393 in over 18562 trades.

The stock hit an intraday high of Rs. 734.85 and intraday low of 728.00. The net turnover during the day was Rs. 405627979.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 TataMotors INE155A01022 StakeReduction