LIC raised its stake in Cochin Shipyard from 3.34% to 4.56%, purchasing 32,26,069 shares.
A leading Indian shipbuilder that constructs, repairs, and refits vessels of all types for domestic and international clients. Cochin Shipyard specializes in bulk carriers, platform supply vessels, and technologically advanced ships, with expertise spanning new construction to periodic upgradation and life extension services. The company has delivered numerous vessels globally and maintains a strong reputation for executing large-scale maritime projects with specialized capabilities.
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.
