{"id":113111,"date":"2023-11-03T13:07:53","date_gmt":"2023-11-03T07:37:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113111"},"modified":"2023-11-03T13:48:50","modified_gmt":"2023-11-03T08:18:50","slug":"penny-stocks-held-by-lic","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stocks-held-by-lic\/","title":{"rendered":"Penny stocks held by LIC\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3302265871\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Life Insurance Corporation of India Limited is the Largest Insurance group in India with a market share of 58.2 percent in india. It publicly holds 101 stocks in India with a net worth of over Rs. 3,67,032.0 Crores as per the reports.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2152576361\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>These are the penny stocks that Life Insurance Corporation of India Group holds&nbsp;<\/p><h4 class=\"wp-block-heading\" id=\"h-dcm-limited\"><strong>DCM Limited&nbsp;<\/strong><\/h4><p>On November 3, 2023, the shares of DCM Limited were trading at Rs. 73.50 up 0.62 percent from its previous day close price and its market capitalization is Rs. 139 Crores. LIC Group holds 3.32 percent stake in the company consisting of 6,20,415 equity shares.&nbsp;<\/p><p>It has reported a decrease in revenue of 0.46 percent from Rs. 69.77 Crores in FY22 to Rs. 69.45 Crores in FY23, accompanied by decreasing profits of Rs. 30.17 Crores to Rs. 2.33 Crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3530258898\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>It has reported a return on equity (ROE) of 17.35 percent and a return on capital employed (ROCE) of 28.24 percent, it is making good returns on its equity and capital employed.&nbsp;<\/p><p>DCM Limited is engaged in the business of Grey iron casting, IT Infrastructure Service, Textiles and Real Estate.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong>Gujarat Petrosynthese Limited&nbsp;<\/strong><\/h4><p>In the day\u2019s trade the shares of Gujarat Petrosynthese Limited were trading at Rs. 51.75 up 3.05 percent from its previous day close price and its market capitalization is Rs. 31 Crores. LIC Group holds 8.86 percent stake in the company consisting of 5,28,801 equity shares.&nbsp;<\/p><p>It has reported a revenue of Rs. 30.02 Crores in FY22 to Rs. 19.55 Crores in FY23, accompanied by profits of Rs. 1.94 Crore to Rs. 1.39 Crore.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 3 percent and a return on capital employed (ROCE) of 4.28 percent, it is making decent returns on its equity and capital employed.<\/p><p>Gujarat Petrosynthese Limited is into the manufacturing of polymer alloys and blends of engineering plastics.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2371533688\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\"><strong>Gokak Textiles&nbsp;<\/strong><\/h4><p>In the days\u2019 trade on November 3, 2023, the shares of Gokak Textiles were trading at Rs. 60 per share, up 3.47 percent from its previous day close price and its market capitalization is Rs. 38 Crores. LIC Group holds a 4.54 percent stake in the company consisting of 2,95,270 equity shares.&nbsp;<\/p><p>It has reported a revenue of Rs. 125.84 Crores in FY22 to Rs. 84.23 Crores in FY23, accompanied by decreasing loss of Rs. 28.84 to a profit of Rs. 5.43 Crores.&nbsp;<\/p><p>It has reported a return on equity of return on capital employed (ROCE) of 19.66 percent and its net profit margins stood at 7.45 percent.&nbsp;<\/p><p>Gokak Textiles Limited is one of the largest manufacturers and exporters of grey yarn and it is engaged in the manufacturing of fabrics, yarns, garments etc.&nbsp;<\/p><p><strong>Written by: Bharath K.S<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3756913324\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Life Insurance Corporation of India Limited is the Largest Insurance group in India with a market share of 58.2 percent in india. It publicly holds 101 stocks in India with a net worth of over Rs. 3,67,032.0 Crores as per the reports.&nbsp; These are the penny stocks that Life Insurance Corporation of India Group holds&nbsp; [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-113111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Penny stocks held by LIC\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Life Insurance Corporation of India Limited is the Largest Insurance group in India with a market share of 58.2 percent in india. 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