Insurance major Life Insurance Corporation of India has increased its stake in L&T Technologies from 4.988 per cent to 5.008 per cent.
In a disclosure to the stock exchanges, LIC said it has purchased 21,367 shares of L&T Tech at an average price of ₹4,140.67. Due to this acquisition, holding of LIC has crossed 5-per cent mark on April 21, it said. The acquisition of shares were done between October 20, 2021 and April 21, 2023, it said.
Shares of L&T Technologies closed 1.42 per cent higher at ₹3,433.60 on the BSE while those of LIC closed 0.20 per cent higher at ₹549.30.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.