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LIC Sells 2% Stake In NMDC, Bags Over Rs 700 Crore

The sale of 2 per cent stake in open market has fetched over Rs 700 crore to LIC. (File)
The sale of 2 per cent stake in open market has fetched over Rs 700 crore to LIC. (File)
Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its equity stake in state-owned NMDC, taking its total shareholding in the public sector unit to 11.69 per cent as of March 14.
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