Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Life Insurance Corporation of India ups stake in NHPC from 3.44% to 8.74%

29 Apr 2016Aakash Agarwal1 min read

Quick Facts

What is "Life Insurance Corporation of India ups stake in NHPC from 3.44% to 8.74%" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 29 April 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: NHPC
What does the "[NHPC](http://snap.capitalmind.in/#/nse/NHPC)" section say?: NHPC Limited (National Hydroelectric Power Corporation is an Indian Hydropower generation company established with an objective to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects. Currently the company has expanded its business to include other sources of energy like Geothermal, Tidal, Wind etc.
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

NHPC

NHPC Limited (National Hydroelectric Power Corporation is an Indian Hydropower generation company established with an objective to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects. Currently the company has expanded its business to include other sources of energy like Geothermal, Tidal, Wind etc.

At present, NHPC is a Mini Ratna Category-I Enterprise of the Govt. of India.

Life Insurance Corporation of India which held 380,556,307 shares or 3.44% for the period ended 31-Mar-16, acquired 586,720,920 shares or 5.3% today.

With this its total stake now stands at 967,277,227 shares or 8.74%.

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.