LIC Increases Stake in Tech Mahindra to Over 2%; Share Price in Focus

Written by: Team Angel OneUpdated on: 17 Sept 2025, 5:54 pm IST

Life Insurance Corporation of India has raised its stake in Tech Mahindra to 10.84%, adding over 1.96 crore shares through market purchases.

Life Insurance Corporation of India (LIC) has raised its stake in Tech Mahindra to 10.84%, as per the regulatory filings. The insurer bought 1.96 (1,96,28,171) crore shares, equal to 2.004%, through open market transactions made between June 6, 2023, and September 15, 2025. Before this, LIC held 8.836% in the IT firm.

Shareholding Pattern

At the end of June 2025, promoters held 35% of Tech Mahindra, with Mahindra & Mahindra owning 25.33%. Public shareholders owned 65%. Mutual funds together accounted for 16.51%. Insurance firms held 13.59%, which included LIC at 10.31% and SBI Life Insurance at 1.01%.

Tech Mahindra Q1FY26 Earnings Results

In Q1 FY26, Tech Mahindra posted a net profit of ₹1,140.6 crore, up 34% from ₹851.5 crore in the same quarter last year. Revenue rose 2.7% year-on-year to ₹13,351 crore, compared with ₹13,005 crore in Q1 FY25. EBIT for the quarter stood at ₹1,477 crore, also up 34% year-on-year.

LIC and Tech Mahindra Share Price Performance

As of September 17, 2025, 09:19 AM, LIC share price was trading at ₹884.70, a 0.25% increase from the previous closing price.

At the same time, Tech Mahindra share price stood at ₹1,528, a 0.23% decrease from the previous close price.

Conclusion

The additional purchase takes LIC’s shareholding in Tech Mahindra to over 10%. The firm reported year-on-year growth in profit, though its stock is yet to recover past highs.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 17, 2025, 11:34 AM IST

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