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LIC reduces stake in Mastek to 3.05%

13 Dec 2017 Evaluate

Life Insurance Corporation (LIC) has reduced its stake in IT firm Mastek by 3.09% after selling 7.30 lakh shares in the open market. The state-owned insurer has brought down the shareholding in the company to 3.05% from 6.14%. LIC sold these stakes between December 18, 2014 and December 11, 2017.

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.

Peers
Company Name CMP
TCS 2354.45
Infosys 1111.00
HCL Technologies 1363.30
Wipro 173.70
Tech Mahindra 1648.70
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