SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

LIC’s shareholding in Divis Laboratories crosses 5%

10 Nov 2022 Evaluate

Life Insurance Corporation of India’s (LIC) shareholding in Divis Laboratories has crossed 5 per cent as it has purchased additional shares for Rs 35.82 crore. Its shareholding in Divis Laboratories has increased from 4.992 per cent to 5.032 per cent as the number of shares held by it in the company rose from 1,32,54,663 to 1,33,60,663. Holding in the company crossed the 5 per cent mark on November 7, 2022. The acquisition of shares was done at an average price of Rs 3,379.01.

Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.

Life Insurance Corp Share Price

842.20 -0.20 (-0.02%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×