Rajesh Exports Limited
LIC trimmed its stake in Rajesh Exports from 10.80% to 10.28%, selling 15,15,375 shares.
A leading manufacturer of gold and gold products incorporated in 1989, the company operates across jewellery manufacturing, refining, and trading. It serves domestic and international markets with a vertically integrated business model that encompasses sourcing, processing, and retail distribution. The company is recognized for its expertise in precious metals, advanced manufacturing capabilities, and established presence in India's organised jewellery 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.