LIC’s ownership of shares in listed cos drops to record low - News Summed Up

LIC’s ownership of shares in listed cos drops to record low


LIC has been reducing its exposure to listed companies since June last year. LIC shareholding data includes companies where its stake is more than 1%. View Full Image LIC has been reducing its exposure to listed companies since June last year. Data, however, showed that equity holdings of all insurance companies declined to a five-year low of 4.8% as of 31 March. Overall, retail holding went up in 863 companies listed on NSE in the March quarter.


Source: Mint May 07, 2021 18:00 UTC



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