LIC increased its stake in Himadri Speciality Chemical Limited from 1.10% to 1.14%, purchasing 1,81,000 shares.
India's leading manufacturer of carbon materials and chemicals, this company specializes in coal pitch, advanced carbon materials, naphthalene, and speciality naphthalene formaldehyde resins. It holds the position of number one coal pitch producer in the country and is the sole domestic manufacturer of advanced carbon materials. The company serves diverse industrial sectors through its specialized manufacturing capabilities and vertically integrated operations in carbon-based chemistry.
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.
