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Life Insurance Corporation (LIC), has lowered its stake in Ashok Leyland by 2.04%.
As per a BSE filing, LIC, has reduced its stake in Ashok Leyland from 5.16% to 3.11%, by selling 5.97 crore shares in the open market. The stake was sold by LIC between October 16,2015, and March 1,2018.
Further, Ashok Leyland, last week has reported 29% increase in its total sales at 18,181 units in February 2018. The company had sold 14,067 units during the corresponding period last year.
