Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 236)
236.
By what percentage did LIC increase its equity stake in Hindustan Unilever?
Answer: Option
Explanation:
LIC increased its equity stake in Hindustan Unilever by over 5%, which signifies a significant move in its investment strategy. This move reflects LIC's strong confidence in Hindustan Unilever's long-term growth potential, even amidst market challenges. It indicates a strategic decision to strengthen its position as a leading FMCG company.
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