Life Insurance Corporation of India bought 9.59 crore shares of Cairn India on June 19. The deal was done through an open market purchase, the company informed the exchange. After the purchase, LIC stake in Cairn India moved up to 5.029 per cent from 4.988 per cent. The stock closed at Rs 326, down about 0.59 per cent on the BSE.
LIC buys 9.6 cr shares in Cairn India
Published on
June 22, 2012 16:45
Tags