LIC Increases Stakes in IndusInd Bank, IDFC First Bank, Dalmia Bharat & More in Q2 FY25

LIC (Life Insurance Corporation of India) made several strategic moves in Q2 of FY25, adjusting its portfolio by increasing its stake in key stocks. The insurer’s total shareholding in NSE-listed companies decreased slightly from 7.51% in Q1 FY25 to 7.34% in Q2 FY25. 

Here are the major stock additions made by LIC during this period:

Significant Stock Increases

• Bank of Maharashtra
  LIC raised its stake in the Bank of Maharashtra from less than 1% in Q1 FY25 to 4.05% in Q2 FY25.
• Container Corporation of India
  The corporation’s holding increased from 6.07% in Q1 FY25 to 8.42% in Q2 FY25.
• IndusInd Bank
  LIC’s shareholding in IndusInd Bank grew from 2.24% in Q1 FY25 to 4.36% in Q2 FY25.
• Dalmia Bharat
  LIC raised its stake in Dalmia Bharat from 3.23% in Q1 FY25 to 5.09% in Q2 FY25.
• IDFC First Bank
  LIC increased its holding in IDFC First Bank from under 1% in Q1 FY25 to 2.68% in Q2 FY25.

Other Notable Increases

• Patanjali Foods
  LIC’s stake in Patanjali Foods rose from 2.06% in Q1 FY25 to 3.72% in Q2 FY25.
• Shyam Metalics & Energy
  The holding in Shyam Metalics & Energy grew from under 1% in Q1 FY25 to 2.49% in Q2 FY25.
• SRF
  LIC increased its stake in SRF from 3.4% in Q1 FY25 to 4.72% in Q2 FY25.
• Cyient
  The holding in Cyient rose from less than 1% in Q1 FY25 to 2.17% in Q2 FY25.
• General Insurance Corporation of India
  LIC raised its stake in General Insurance Corporation of India from 8.66% in Q1 FY25 to 9.81% in Q2 FY25.

These moves reflect LIC’s strategic approach to increasing its stake in key companies across various sectors.

About Life Insurance Corporation

Life Insurance Corporation (LIC) is India’s largest insurance company, holding over 66.2% of the market share in new business premiums. It offers a variety of insurance products, including participating and non-participating options such as unit-linked plans, savings insurance, term insurance, health insurance, and annuity & pension plans.

On November 11, 2024, LIC share price opened at ₹920.00 and touched the day high of ₹933.70 at 12:39 PM.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.