Endurance Technologies Limited
LIC reduced its stake in Endurance Technologies from 2.06% to 1.75%, selling 4,46,913 shares. The institution's remaining holding stands at 24,54,620 shares.
A manufacturer of automotive components specializing in aluminium die castings, alloy wheels, suspension systems, transmission parts, braking systems, and embedded electronic products. The company operates across India and Europe with multiple manufacturing plants serving major automotive customers globally. Its vertically integrated operations and diversified product portfolio across critical vehicle systems distinguish it as a comprehensive supplier in the auto components sector.
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.