Life Insurance Corporation of India Limited is the Largest Insurance group in India with a market share of 58.87 percent in India and As of FY24, It has an AUM of Rs. 51.21 Lakh Crores. It publicly holds 101 stocks in India with a net worth of over Rs. 4.96 Lakh Crores as per the reports.
Listed below are some of the stocks held by Life Insurance Corporation of India with Net Profit Margins of upto 75 percent
HDFC Asset Management Company
HDFC Asset Management Company is engaged in the business of providing asset management services to HDFC Mutual Fund and alternative investment fund and portfolio management and advisory services to clients.
With a market capitalization of Rs. 83,650 Crores, the shares of HDFC Asset Management Company Limited were trading at Rs. 3,916.60 per equity share, up 0.38 percent from its previous day’s close price of Rs. 3,901.95.
HDFC Asset Management Company Limited has delivered a return of 91 percent in a year and it has reported a Net Profit margin of 75.17 percent.
Life Insurance Corporation of India holds a 6.07 percent stake in the company consisting of 1.29 Crore equity shares. It made a fresh position in the company in September 2022 by acquiring a 8.12 percent stake consisting of 1.73 Crore equity shares.
Its Total Revenue grew by 27.41 percent from Rs. 2,166.81 Crores in FY23 to Rs. 2,584.37 Crores in FY24, accompanied by profits of Rs. 1,423.37 Crores to Rs. 1,942.69 Crores
BSE
BSE Limited also known as Bombay Stock Exchange is Asia’s first and one of India’s leading stock exchange groups also making it the world’s fastest stock exchange with a speed of 6 microseconds. It provides a transparent market and exchange for trading in equity, debt instruments, derivatives, currency derivatives, mutual funds
With a market capitalization of Rs. 35,956 Crores, the shares of BSE Limited were trading at Rs. 2,655 per equity share, up 0.60 percent from its previous day’s close price of Rs. 2,639.45.
BSE Limited has delivered a multibagger return of 365 percent in a year and it has reported a Net Profit margin of 47.69 percent.
Life Insurance Corporation of India holds a 5.60 percent stake in the company consisting of 75.76 Lakh equity shares. It made a fresh position in the company in June 2023 by acquiring a 5.59 percent stake consisting of 75.76 Lakh equity shares.
Its Total Revenue grew by 69.60 percent from Rs. 953.94 Crores in FY23 to Rs. 1,617.90 Crores in FY24, accompanied by profits of Rs. 205.65 Crores to Rs. 771.66 Crores
Adani Ports and Special Economic Zone
Adani Ports & Special Economic Zone Limited is engaged in the business of developing, operating, and maintaining port infrastructure and providing port services related to it. It is India’s largest private port player and operates India’s largest port called the Mundra Port.
With a market capitalization of Rs. 3,19,365 Crores, the shares of Adani Ports and Special Economic Zone Limited were trading at Rs. 1,478.45 per equity share, up 0.62 percent from its previous day’s close price of Rs. 1,469.30.
Adani Ports and Special Economic Zone Limited has delivered a multibagger return of 98 percent in a year and it has reported a Net Profit margin of 28.72 percent.
Life Insurance Corporation of India holds a 7.86 percent stake in the company consisting of 16.97 Crore equity shares. It made a fresh position in the company in December 2015 by acquiring a 3.28 percent stake consisting of 6.8 Crore equity shares.
Its Total Revenue grew by 26 percent from Rs. 22,404.62 Crores in FY23 to Rs. 28,209.98 Crores in FY24, accompanied by profits of Rs. 5,390.85 Crores to Rs. 8,103.99 Crores
CARE Ratings
Care Ratings Limited is a credit rating company engaged in providing ratings for a variety of industries that helps corporates to raise capital for their various requirements and assists the investors in forming an informed investment decision based on the credit risk and their own risk-return expectations.
With a market capitalization of Rs. 3,216 Crores, the shares of CARE Ratings Limited were trading at Rs. 1,075.50 per equity share, up 0.69 percent from its previous day’s close price of Rs. 1,068.10.
CARE Ratings Limited has delivered a return of 58 percent in a year and it has reported a Net Profit margin of 27 percent.
Life Insurance Corporation of India holds a 9.61 percent stake in the company consisting of 28.68 Lakh equity shares. It made a fresh position in the company in September 2022 by acquiring a 9.79 percent stake consisting of 29.02 Lakh equity shares.
Its Total Revenue grew by 19 percent from Rs. 316.92 Crores in FY23 to Rs. 378.37 Crores in FY24, accompanied by profits of Rs. 85.45 Crores to Rs. 102.6 Crores
Computer Age Management Services
Computer Age Management Services Limited is engaged in providing investor services, distributor services, and asset management company services. It acts as a transfer agency for mutual funds, catering to Indian asset management firms. It is India’s largest registrar and transfer agent with an aggregate market share of 68.2 percent.
With a market capitalization of Rs. 17,923 Crores, the shares of Computer Age Management Services Limited were trading at Rs. 3,643.60 per equity share, up 3.66 percent from its previous day’s close price of Rs. 3,515.
Computer Age Management Services Limited has delivered a return of 66 percent in a year and it has reported a Net Profit margin of 24 percent.
Life Insurance Corporation of India holds a 4.66 percent stake in the company consisting of 22.91 Lakh equity shares. It made a fresh position in the company in September 2020 by acquiring a 1.71 percent stake consisting of 8.36 Lakh equity shares.
Its Total Revenue grew by 18 percent from Rs. 998.64 Crores in FY23 to Rs. 1,177.16 Crores in FY24, accompanied by profits of Rs. 350.97 Crores to Rs. 284.63 Crores
Written by: Bharath K.S
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