LIC Ups Stakes In RIL, Infosys, Coforge; Trims HDFC, ICICI, Divi’s Labs In Q1
During the June 2025 quarter, Life Insurance Corporation of India (LIC), the country’s largest state-owned insurer, played a key role in supporting Indian equity markets amid volatility. LIC made net equity purchases worth over Rs 25,000 crore, increasing stakes in 94 companies while reducing holdings in 72. By June-end, LIC’s portfolio included 345 listed stocks valued at Rs 16.84 lakh crore, up 10% from Rs 15.26 lakh crore in March.
Significant additions included Reliance Industries (2.56 crore shares worth Rs 3,840 crore), Info Edge India, and Tata Consultancy Services, with purchases valued at Rs 3,285 crore and Rs 2,890 crore, respectively. Other notable buys were Coforge, Infosys, Hindustan Unilever, HCL Technologies, Tata Motors, and Larsen & Toubro.
On the sell side, LIC...