Siemens Limited
LIC increased its stake in Siemens Limited from 2.11% to 2.36% by purchasing 921,438 shares worth ₹336.27 crore.
A global industrial technology company, Siemens Limited manufactures electrical equipment and integrated solutions for manufacturing, process industries, and infrastructure applications. The company operates across power generation, transmission and distribution, railway systems, building automation, and oil and gas sectors. Siemens provides drives, automation systems, and electrification solutions to industrial customers across India.
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.