Insurance behemoth Life Insurance Corporation of India’s (LIC) shares rose 4.38% on Friday’s early trades, in an otherwise weak market after the company reported a multifold rise in its net profit for the October-December quarter of 2022. Its shares reached an intraday high of ₹ 640.00 apiece and were trading at ₹ 622.55 apiece at [...]
The Life Insurance Corporation of India (LIC) has a stake in various companies. Many investors keep a track of the changes that the insurance behemoth does to its portfolio. LIC is the largest Life Insurer in India and has been providing life insurance for more than 65 years. Its shares debuted on the exchanges on [...]
The shares of HEG Limited, an LNJ Bhilwara Group company have lost 42% year to date. HEG is a small-cap graphite electrode producer. It operates one of the largest integrated graphite electrode plants globally and exports more than 70% of its products to over 30 countries worldwide. On Friday, the stock was trading up by [...]
The largest state insurer Life Insurance Corporation of India (LIC) has increased its holding in the Mahindra group company, Tech Mahindra Ltd. As per the latest shareholding pattern, LIC has increased its total holding by 2.011% in the quarter. LIC has increased its total shareholding from 4,73,44,343 to 6,69,25,392 Equity Shares effectively increasing the stake [...]
The Life Insurance Corporation of India (LIC) has increased its stake in a Tata group stock, Voltas Limited, by buying an additional 2%. The insurance behemoth also referred to as a Domestic Institutional Investor (DII) said that it has acquired Voltas' shares worth ₹ 634.50 crores through open market transactions during the period from August [...]
State-owned Life Insurance Corporation of India (LIC) sold a 2.015% stake in India’s largest car manufacturer, Maruti Suzuki on Friday. According to an exchange filing, the LIC sold 60.88 lakh shares worth ₹ 5,400 crores in the open market. With this, its stake in the auto manufacturer reduced from 6.22% to 4.2%. Maruti Suzuki’s shares [...]
The newly listed stock Life Insurance Corporation of India or predominantly known as LIC has been one of the major investors in the Indian stock market. In fact, the public company holds 3.92 percent of NSE market capitalization as of June 2022 according to the data from Prime Database. Here are the stocks in which [...]
