LIC shores up its stake in Infosys

Published on April 19, 2015 17:12:44 PM
Business
Life Insurance Corporation of India has purchased Rs 300 crore Infosys shares for the fourth consecutive quarter.

As per the latest available data, LIC held 4.69 per cent of stake in Infosys during the October-December quarter and shored up to 4.81 per cent in the January-March quarter (Q4).

LIC has been raising its stake in the software firm since the January-March quarter 2014.