LIC cuts stake in Hindalco by 2% through open market sale
This story was originally published at 17:59 IST on 22 September 2026
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MUMBAI – Hindalco Industries Ltd. Tuesday said Life Inusrance Corp. of India Ltd. has cut its stake in the company by 2.02%, or 45.35 million shares, to 4.33%, or 97.32 million shares through open market sale. LIC pared its stake in Hindalco between Jan. 16, 2024, and Monday.
For the June quarter, Hindalco Industries reported a consolidated net profit of INR 70.13 billion on revenue of INR 848.25 billion. Tuesday, its shares ended 0.8% lower at INR 973 on the National Stock Exchange. End
Reported by Anand JC
Edited by Avishek Dutta
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