GIC Housing Finance rose around 3 per cent to close the day at Rs 84 on stake sale in LIC AMC. The Board of Directors met on June 13 and took up the proposal for strategic sale of its entire holding of 11.2 per cent in LIC Mutual Fund Asset Management Company (AMC) and its entire holding of 3 per cent in LICMF Trustee Company for around Rs 89 crore.
The stock opened at Rs 82.5 and made an intraday high of Rs 88.7 and a low of Rs 80.
