Life Insurance Corporation of India (LIC) has sold more than 2% stake in Biocon for over Rs 162 crore. Post stake sale, the country’s largest insurer’s stake in Biocon has come down to 3.01% from 5.02% earlier.
LIC has offloaded 4,031,002 shares, for Rs 162.58 crore in Biocon through open market transactions.
Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals and research services.
| Company Name | CMP |
|---|---|
| Sun Pharma. Inds. | 1938.85 |
| Dr. Reddys Labs. | 1269.80 |
| Cipla | 1441.70 |
| Zydus Lifesciences | 1159.85 |
| Lupin | 2502.90 |
| View more.. | |
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