Shipping Corporation Of India Limited
LIC, which previously held 1.04 percent of Shipping Corporation Of India Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its stake to below 1 percent.
A state-owned enterprise engaged in maritime transport, Shipping Corporation of India operates a diverse fleet of vessels for cargo and passenger services across domestic and international routes. The company provides comprehensive shipping solutions including bulk carriers, oil tankers, and container vessels, serving as a key player in India's maritime logistics infrastructure. Its operations span multiple trade routes, connecting major ports and supporting India's foreign trade and economic requirements.
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.