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LIC increases stake in Capri Global Capital, Hero MotoCorp and HUL

The acquisition of the incremental stake in Capri Global Capital Ltd happened at an average cost of Rs 624.61 and that for Hero MotoCorp Ltd happened at Rs 3,050.14

Life Insurance Corporation | Capri Global | Hero MotoCorp

BS Reporter 

Life Insurance Corporation
Life Insurance Corporation

(LIC), one of the largest domestic institutional investors in the country, has increased its stake in Capital Ltd from 5.04 per cent to 7.06 per cent and Ltd from 9.163 per cent to 11.256 per cent, it informed the stock exchanges on Tuesday.

It has also increased its stake in fast moving consumer goods giant Hindustan Unilever Limited from 4.995 per cent to 5.008 per cent at an average cost of Rs 2,206.93.

The acquisition of the incremental stake in Capital Ltd happened at an average cost of Rs 624.61 and that for Ltd happened at Rs 3,050.14.

Shares of LIC ended in the green on Tuesday, ending a 10-day losing streak. Shares of the life insurance behemoth closed at Rs 674.20, 0.9 per cent higher than previous days close.

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First Published: Tue, June 14 2022. 19:22 IST