Leading life insurer LIC cuts stake in NHPC to 3.186% from earlier 5.203%1 min read 24 May 2023, 08:17 PM IST
LIC reduced its shareholding by a little over 2% in NHPC in tranches in the course of around six months. Now, LIC's stake stands at 3.186% in the power generating firm.
India's largest life insurer, LIC on Wednesday announced that it has diluted its stake in the power-generating firm, NHPC. The insurer reduced its shareholding in NHPC by 2.017% in a series of tranches.
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