LIC hikes stake in Indiabulls Housing Finance

LIC hikes stake in Indiabulls Housing Finance
18/11/2017 , by , in ALLIED

State-owned Life Insurance Corp. of India (LIC) has bought 86.75 lakh shares of Indiabulls Housing Finance Ltd, raising its stake by 2.03%.

LIC, which had 5.19% stake earlier, increased its shareholding in the company to 7.23% by buying shares between 28 September and 13 November in the open market, LIC said in a filing to BSE.

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