LIC's holding at all time low on profit booking

LIC's holding at all time low on profit booking
​ By
IANS
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Published on
​ Mon, May 10 2021 12:21 IST
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Life Insurance Corporation of India building, New Delhi. (File Photo: IANS). Image Source: IANS News
New Delhi, May 10 : LIC's holding across 296 companies where its holding is more than 1 per cent slipped to an all-time low of 3.66 per cent as on March 31, 2021, down from 3.70 per cent as on December 31, 2020 and from all-time high of 5 per cent as on June 30, 2012, as per primeinfobase.com, an initiative of PRIME Database Group.
According to Pranav Haldea, Managing Director, Prime Database Group, this was on account of profit booking by India's largest institutional investor.

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