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Life Insurance Corp of India has sold 8.41 lakh shares, or 2.02 per cent stake in BEML through the open market between March 3 and June 10, the PSU major informed the exchanges on Thursday. Following the sale, LIC’s stake in BEML is now down to 5.95 per cent. The stock of BEML closed at ₹1,227.7, up about 0.6 per cent on the NSE.
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