Tag: Sun pharma
- 15 Sep
LIC divests 2% stake in Sun Pharma
Life Insurance Corporation of India (LIC) has sold 2% of its stake in Sun Pharmaceutical Industries Ltd., reducing its holding from 5% to 3%. The sale was done through the open market at an average price of Rs 973.80 per share. The move comes at a time when Sun Pharma is facing some challenges, including a warning letter from the US Food and Drug Administration (FDA).
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