Tata Consultancy Services Limited
LIC increased its stake in Tata Consultancy Services Limited from 5.52% to 5.65%, purchasing 49,00,900 shares.
A leading IT services and consulting organization that delivers business, technology, and engineering solutions to global enterprises. The company partners with major corporations on digital transformation and modernization initiatives using cognitive-powered platforms and integrated service portfolios. Operating as part of the Tata Group, it provides consulting-led technology services across multiple industries and geographies, serving clients in their complex business transformation journeys.
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.