Thursday, November 21, 2024

LTIMindtree shares jumped 1% as LIC increases stake to 7%

Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. This news coincided with LTIMindtree's announcement of an 8% YoY growth in Q2 net profit, reaching Rs 1,251 crore, and a 6% rise in revenue to Rs 9,433 crore.

from Economic Times https://ift.tt/FBoz6RG

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