LIC shares

LIC sells over 2% in Bank of Baroda in open market sale

LIC sells over 2% in Bank of Baroda in open market sale

Calculated on a previous close of Rs 138.30 a share on September 1, the valuation of the stake sale by LIC in Bank of Baroda comes out to be Rs 649.74 crore.

Sep 04, 2017, 19:13 PM IST
LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance has reported a 6.3 percent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.

Jul 15, 2016, 15:29 PM IST

LIC acquires NMDC shares worth over Rs 1,116 cr

State-owned iron ore miner NMDC on Wednesday said Life Insurance Corporation of India (LIC) has acquired almost 8 crore of its shares shares worth over Rs 1,116 crore in a market purchase.

May 06, 2015, 13:56 PM IST

LIC sells about 2% stake in Tata Communications

State-owned Life Insurance Corporation (LIC) brought down its stake in Tata Communications by about 2.03 percent in the company through open market transaction.

Apr 13, 2015, 20:16 PM IST

UCO Bank to raise about Rs 400 cr by selling shares to LIC

LIC currently holds 8.69 percent stake in UCO Bank. Following the fresh investment, stake of LIC would further go up by more than 5 percent.

Feb 05, 2015, 18:23 PM IST

LIC reduces stake in Colgate-Palmolive to 2.98%

State-owned Life Insurance Corporation (LIC) has cut 2.03 percent stake in FMCG firm Colgate-Palmolive to bring down its shareholding in the company at 2.98 percent after selling 27.60 lakh shares in the open market.

Jan 29, 2015, 20:18 PM IST

LIC sells shares worth Rs 6,300 cr in Sensex cos

State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore.

Apr 24, 2014, 15:23 PM IST

IOB to raise Rs 400 cr by selling shares to LIC

State-owned Indian Overseas Bank today said it plans to raise Rs 400 crore by selling shares on preferential basis to Life Insurance Corporation.

Feb 10, 2014, 17:00 PM IST

LIC reduces stake in Britannia to 3.26%

Shares of Britannia Industries were trading at Rs 835.10 apiece, up 1.40 percent on the BSE in the afternoon trade.

Oct 01, 2013, 17:06 PM IST

LIC buys shares worth Rs 8,700 cr in 17 Sensex cos in June qtr

The insurer stake in two companies -BHEL and Sterlite Industries- remained unchanged during the same period.

Jul 28, 2013, 10:46 AM IST

LIC picked up half of Hind Copper shares on offer

LIC picked up 2.25 crore shares, or 2.43 percent stake, of the total 5.16 crore shares put on offer.

Jan 08, 2013, 22:29 PM IST

LIC buys $2-bn worth shares in Indian cos in Apr-Jun: Report

The country's largest insurer LIC has purchased shares worth over USD 2 billion (about Rs 11,000 crore) in Indian companies - mostly in sectors like utilities, energy and software - during the April-June period, according to a report by BofA-Merrill Lynch.

Aug 26, 2012, 16:23 PM IST

IDBI Bank to raise Rs 5,294 cr from share sale

State-owned IDBI Bank on Friday said it would raise up to Rs 5,294 crore from various means, including share sale to government and LIC.

Mar 02, 2012, 19:13 PM IST