Life Insurance Corp’s stake in HDFC crosses 5%

BL Chennai Bureau Updated - December 05, 2022 at 06:55 PM.

LIC bought the shares at an average price of ₹2,673.84

Insurance major Life Insurance Corporation Ltd on Monday said that its stake in Housing Development FInance Corporation (HDFC) has crossed 5 per cent. In a notice to the stock exchanges, LIC said that its stake increased from 4.991 per cent to 5.003 per cent, after it acquired 2.14 lakh shares.

LIC bought the shares at an average price of ₹2,673.84. HDFC closed 0.35 per cent higher at at ₹2,674.95, while LIC closed flat at ₹651.90 on the BSE.

Published on December 5, 2022 13:09
Tags

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

Subscribe
If you're already a subscriber
Access just this article

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

Subscribe
If you're already a subscriber
Access just this article

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

Subscribe
or read this article by Downloading TheHindu Businessline News app
If you're already a subscriber
Access just this article

TheHindu Businessline operates by its editorial values to provide you quality journalism.

Support our reporting.
Subscribe
This is your last free article.
to read unlimited content from TheHindu Businessline
Subscribe
Stay updated on Markets,Economy, Agri & more.
Get TheHindu Businessline News App on
Recommended Articles