LIC Mutual Fund decreased its stake in Garware Hi-Tech Films from 2.28% to 1.69%, selling 136,279 shares. The value of the reduced stake is ₹98.54 crore, based on a share price of ₹7230.00.
A vertically integrated manufacturer of polyester films and related products, Garware Hi Tech operates across the complete production chain from raw material to finished film. The company serves diverse industries including packaging, industrial, automotive, and specialty applications through its integrated operations. Its end-to-end manufacturing capability, technical expertise, and commitment to quality distinguish it in the polyester film sector globally.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.