LIC reduces stake in Hindustan Copper Ltd

Life Insurance Corporation of India ("the Corporation") has decreased its shareholding in equity shares of Hindustan Copper Ltd. ("Company") from 7,90,11,485 to 5,88,48,803, i.e., 8.171% to 6.086% of the paid-up capital of the said Company.

There is a decrease of 2.085% in holding during the period from 27.09.2023 to 16.08.2024.

Hindustan Copper Limited (HCL) 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. 323.55 as compared to the previous close of Rs. 313.95. The total number of shares traded during the day was 1181010 in over 14445 trades.

The stock hit an intraday high of Rs. 325.40 and intraday low of 315.25. The net turnover during the day was Rs. 379051704.00.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 1071.95 as compared to the previous close of Rs. 1057.80. The total number of shares traded during the day was 161964 in over 7314 trades.

The stock hit an intraday high of Rs. 1075.05 and intraday low of 1057.00. The net turnover during the day was Rs. 172971531.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 StakeSale StakeReduction HindustanCopper INE531E01026