LIC portfolio stocks, Oct. 13 -- India's biggest domestic institutional investor (DII), Life Insurance Corporation of India (LIC), announced raising its stake in the state-owned power generator NTPC past the 5% mark on Monday, October 13.
LIC acquired 9,70,000 shares of the PSU stock, representing a 0.010% stake, via the open market last week on October 10. With this, NTPC's stake in LIC's portfolio swelled to 5.001%. LIC now holds 48,49,90,140 shares of the PSU power stock.
At the end of the June quarter of the financial year 2025-26 (Q2 FY26), LIC's holding in NTPC stood at 4.34%. It later rose to 4.99% prior to the latest acquisition. However, the September quarter shareholding pattern hasn't officially been released by the company....
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