Fidelity Investment sells over 1.91 crore shares of LIC Housing Finance
23rd Aug 2019

Fidelity Investment Trust has offloaded over 1.91 crore shares of LIC Housing Finance worth nearly Rs 821 crore through open market transactions. Fidelity Investment Trust held over 3.41 per cent stake in LIC Housing Finance at the end of the June 2019 quarter.

LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.