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Life Insurance Corporation of India has reduced its stake in state-owned Hindustan Copper from 8.171% to 6.086%.
The reduction in stake as part of the investment exercise took place from September 27, 2023 to August 16, 2024. This was an open market sale at an average cost of Rs 221.64 per share, LIC said in a filing on Monday.
In terms of number of shares, the holding has come down from 7,90,11,485 to 5,88,48,803. On Monday, Hindustan Copper shares closed 3.06% higher at ₹323.55.
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