The Life Insurance Corporation of India (LIC) is the country’s biggest Domestic Institutional Investor (DII). It has invested in companies across various sectors and many investors keep track of the changes in its portfolio. Here are a few stocks in LIC’s portfolio that have a current market price of below ₹ 100: Union Bank of [...]
Shares of a penny stock in LIC’s portfolio hit the upper circuit after the company reported robust results for the June quarter of the current financial year (Q1FY24). According to an exchange filing, Integra Essentia reported nearly a 103 percent increase in its consolidated net profit at ₹ 11.83 crores in the June quarter (Q1FY24), [...]
India’s biggest institutional investor, the Life Insurance Corporation of India (LIC) has increased its stake in several companies from various sectors including chemicals, banks, metals and information technology, among others during the April to June quarter (Q1FY24). Here are 4 IT Stocks in which LIC increased its stake: Tech Mahindra The Mahindra Group company provides [...]
India's largest life insurer, Life Insurance Corporation(LIC) of India has increased its shareholding in Steel Authority of India Ltd India by 2.001 percent from 28,64,03,775 to 35,88,07,919 equity shares. With this, its stake in the paid-up share capital of the company has gone up from 6.93 percent to 8.68 percent. The shares were purchased in the [...]
The Life Insurance Corporation of India has increased its shareholding in Bata India from 57,48,071 to 64,36,692 equity shares. With this, its stake in the paid-up share capital of the company has gone up from 4.472 percent to 5.008 percent. Shares of Bata India closed marginally higher at ₹ 1428.00 apiece, up 0.68 percent on [...]
Life Insurance Corporation of India (LIC) stock opened its trading session today at Rs 546 and currently trades at Rs 538. It has a market capitalization of 3,44,838 crores. The stock marked its 52-week low figures today at a price of Rs 535. The scrip has lost around 7 percent in the past month and [...]
Life Insurance Corporation of India, in a recent filing with BSE, announced that the Corporation’s shareholding in Dr. Reddy's Laboratories Ltd has increased from 7.676% to 9.695% of the paid-up capital of the said Company with the share equivalent numbers ranging from 1,27,83,287 to 1,61,44,983 Equity Shares. Dr. Reddy’s stock started off its trading session [...]
State-run insurance behemoth Life Insurance Corporation of India’s (LIC’s) shares closed at ₹ 581.00 apiece on the National Stock Exchange (NSE), merely 2.65% higher than the stock’s 52-week low of ₹ 265 apiece. The insurance behemoth made a tepid market debut on the bourses last year and its share price shows a downward trend ever [...]
Capri Global Capital Limited ended marginally lower at Rs 698 levels in Tuesday’s trading session. However, in the past six months the stock has scaled by 10 percent and in a year's time frame it has gained 25 percent. Capri Global Capital Limited (CGCL) is a diversified Non-Banking Financial Company (NBFC) with a presence primarily [...]
The country’s biggest institutional investor Life Insurance Corporation of India (LIC) is known to hold high stakes in Indian companies. Every quarter, the insurer publishes the list of stocks in which it has either increased or decreased its holdings. Here are 3 stocks bought by Life Insurance Corporation of India in Q3: Coforge Limited Coforge [...]