Shree Cement Limited
LIC increased its stake in Shree Cement Limited from 3.62% to 3.86%, raising its shareholding from 1,305,509 to 1,390,920 shares. The value of the additional 85,411 shares is ₹22.72 crore based on the share price of ₹26,615.00.
A major cement producer in India, this company manufactures and distributes cement and cement-related products to construction, infrastructure, and industrial sectors. Operating multiple manufacturing facilities across the country, it is recognized for efficient production processes and competitive cost structures. The company serves customers through an established distribution network and maintains a strong presence in the Indian cement market.
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.