LIC bought a big stake in this government bank, had sold shares of Mahanagar Gas, Full Detail Paisa Live

The country’s largest insurance company LIC has decided to sell its stake. Which can prove to be a gamechange for the company. Let us tell you that LIC has increased its stake in Bank of Maharashtra. Due to which now the share of LIC in this public sector bank has increased to more than 5%. LIC has done this deal at the rate of Rs 57.36. This deal has been done through Qualified Institutional Placement (QIP). Let us tell you that LIC had sold a large stake in Mahanagar Gas Limited last month. Watch the video till the end for the remaining information.

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