LIC maintains 10% stake in Rajesh Exports despite nearly 70% stock fall in last 14 months

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State-owned Life Insurance Corporation of India  continues to hold onto its approximately 10% stake in Bangalore-based gold jewelery retailer Rajesh Exports despite the nearly 70% loss in stock value since its peak last year.
Over the past year, Rajesh Exports’ shares have plummeted by over 50 percent, attributed…
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Source: https://www.moneycontrol.com/news/business/stocks/lic-maintains-10-stake-in-rajesh-exports-despite-nearly-70-stock-fall-in-last-14-months-12575991.html/amp