Hindustan Copper Limited
LIC decreased its stake in Hindustan Copper Limited from 3.59% to 2.83%, selling 73,39,163 shares. Between August 2024 and December 2025, LIC reduced its holding in Hindustan Copper from 6.086% to 4.072%. This sale involved 1,94,72,268 shares.
A vertically integrated copper producer, this company operates across the entire value chain from mining to finished product manufacturing. Established in 1967, it is India's first and only state-owned copper enterprise, handling extraction, processing, and conversion of copper into saleable products. The company supplies copper and related materials to domestic industrial, infrastructure, and manufacturing sectors across India.
India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.