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LIC pares stake in Hindustan Copper
(14:56, 28 Sep 2023)
The Life Insurer sold 7,90,11485 or 8.171% at an average cost of Rs 150.84 thorugh open market sale during the period from 10 July 2023 to 27 September 2023.

Hindustan Copper (HCL) is engaged in various processes right from copper mining to the final stage of converting copper into saleable products. It is the first Indian PSU and only vertically integrated copper producing company.

LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in the country.

Shares of LIC fell 0.19% to Rs 643.85 while those of Hindustan Copper shed 2.04% to Rs 156.10 on the BSE.

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