Bajaj Hindusthan Sugar Limited
LIC reduced its stake in Bajaj Hindusthan Sugar Limited from 1.64% to 1.55%, selling 20,95,062 shares.
One of India's largest sugar manufacturers, Bajaj Hindusthan operates integrated production facilities that produce sugar, alcohol, and ethanol while generating power from bagasse and other renewable sources. Established in 1931, the company maintains a vertically integrated business model that maximizes operational efficiency across its sugar processing operations. Its diversified product portfolio and renewable power generation capabilities distinguish it within the Indian sugar industry.
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.