What to Watch. LIC buying may boost Castrol India

Updated - January 20, 2018 at 04:24 AM.

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Shares of Castrol India may attract buying interest after insurance major Life Insurance Corporation of Inida increased its stake in the company.

In a BSE disclosure, Castrol said LIC has bought about 2.15 lakh shares (or 0.043 per cent) through the open market on Tuesday.

Following the acquisition, LIC now holds 5 per cent stake in Castrol India.

According to December-end shareholding, public hold 28.97 per cent stake in Castrol.

Published on March 16, 2016 16:02