Journalism of Courage
Advertisement
Premium

LIC sells 2. Raymond stake

Shares of Raymond closed at Rs 349.45 on the BSE,up 0.65 from previous close.

Textile firm Raymond on Wednesday said Life Insurance Corporation of India LIC has sold 2.02 per cent stake in the company for a sum of Rs 45.26 crore. In a filing to the Bombay Stock Exchange BSE,Raymond said LIC has sold 12.4 lakh shares bringing down its stake holding to 9.58 per cent in the company.

Prior to the share sale,LIC had 71.26 lakh shares aggregating to 11.61 per cent stake in the textile firm. At present,LIC holds 58.85 lakh shares post the share sale.

Shares of Raymond closed at Rs 349.45 on the BSE,up 0.65 per cent from the previous close.

Curated For You
Open fire immediately: Why Denmark just authorised its troops to engage if the US moves on Greenland
Why Trumps Russia sanctions Bill could effectively end Indias exports to US
MI vs RCB LIVE Cricket Score, WPL 2026: With 20 runs off final 4 balls, Nadine de Klerk helps RCB win by 3 wickets

 

Tags:
  • Bombay Stock Exchange
Weather
Edition
search
Install the Express App for
a better experience
Featured
Today's E-paper
Jan 09, 2026
Trending Topics
News
Multimedia
Follow Us
Express PremiumInside India’s dementia care challenge: A wife’s journey as her husband forgot her, slowly
X