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LIC adds 40 million ONGC shares in 50 days; stock price slips 10%!

Posted on: December 18th 2010 in Market News.

To buy more than 40 million shares since 30th September 2010, LIC would have had to pick up more than 8,00,000 shares a day; but the delivery numbers just don’t add up The September shareholding pattern of Oil & Natural Gas Corporation (ONGC) shows that Life Insurance Corporat…

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LIC Housing sells 18.3% stake in LIC MF to Nomura

Posted on: June 15th 2009 in Stock News.

LIC Housing Finance today sold 18.3 per cent of stake in LIC Mutual Fund to Japanese Financial services company, Nomura, expecting to garner Rs 138-crore.”As per the agreement between LIC and Nomura, we are selling 18.3 per cent out of the total stake of 38.3 per cent in LIC Mutual …

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Best 10 mid-cap stocks for long-term investors

Posted on: June 8th 2009 in Stock Research.

Scratch a stock boom, you get a mid-cap. The ongoing bull ride in Indian stock market is no different. The current rally has taken Nifty from 2,573 on March 09 to 4,587 on June 05. And behind this surge too is a range of mid-cap stocks. The benchmark index for mid-cap companies CNX Midcap…

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