Insurance major Life Insurance Corporation of India has increased its stake in Tech Mahindra to 6.874 per cent from 4.863 per cent. In a notice to the stock exchanges, LIC said the increase of 2.011 percentage points happened between November 30, 2011, and November 20, 2022, from open market purchase. The shares were acquired at an average cost of ₹1,042.24.
Shares of LIC closed marginally down at ₹625.70 on Tuesday while those of Tech Mahindra gained 0.84 per cent to close at ₹1,051.10.
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...
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...
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...
TheHindu Businessline operates by its editorial values to provide you quality journalism.