Hyundai Motor India Limited
LIC increased its stake in Hyundai Motor India Limited from 3.04% to 3.13%, acquiring 731,700 additional shares. The total value of LIC's holding in Hyundai Motor India is now approximately ₹5,062.24 Cr, with the newly acquired shares valued at about ₹145.85 Cr at ₹1993.30 apiece.
A leading passenger car and utility vehicle manufacturer in India, Hyundai Motor India Limited operates as part of the global Hyundai Motor Group, one of the world's largest automotive producers by passenger vehicle sales. The company designs, manufactures, and distributes vehicles across multiple segments, serving the domestic market with sedans, SUVs, and hatchbacks. Established in 1996, it combines international automotive expertise with deep local market knowledge and customer insights.
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.