BackLIC hikes stake in Asian Paints to 7%
1 min read
07 Feb 2018, 06:20 PM IST
LIC, which had 5.007% stake earlier, increased its shareholding in Asian Paints to 7.01% by buying shares between 19 May 2017, and 2 February 2018
Premium
New Delhi: State-owned Life Insurance Corporation (LIC) has hiked its stake in Asian Paints by 2% by buying 1.92 crore shares in the open market.
As per a regulatory filing, LIC, which had 5.007% stake earlier, increased its shareholding in Asian Paints to 7.01% by buying shares between 19 May 2017, and 2 February 2018. Shares of Asian Paints closed at Rs1,121 apiece, up 0.91% on the BSE.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
Catch all the Corporate news and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.
More
Less
Published: 07 Feb 2018, 06:20 PM IST
Next Story
