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Lic Offloaded 51 Million Shares In First Quarter

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BS Research Bureau BUSINESS STANDARD

LIC sold blue chips such as Century Textiles, Gujarat Ambuja Cement, IPCL, ITC, L&T and M&M

The Life Insurance Corporation (LIC) booked profits in several blue-chip stocks during the quarter ended June 2003. A study of its equity portfolio between March and June 2003, shows that the insurer was a seller in the markets during the quarter.

Data on LIC

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First Published: Jul 30 2003 | 12:00 AM IST

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