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MoneyWorks4Me

Life Insurance Corporation of India (LIC) has sold 12.74 crore shares or 2.01% stake in Reliance Industries (RIL). Post disposal, its holding has been reduced to 7.263% from 9.273%.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1168.75
Indian Oil Corpn. 130.15
Bharat PetroleumCorp 288.55
HPCL 341.95
MRPL 173.40
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