Procter & Gamble Health Limited
LIC trimmed its stake in Procter & Gamble Health from 1.91% to 1.87%, selling 5,800 shares.
A pharmaceutical manufacturer and marketer, P&G Health Ltd produces medicines and chemical products for domestic and international markets. The company operates across multiple therapeutic areas, focusing on both prescription and over-the-counter medications. Its operations span manufacturing facilities, research capabilities, and an established distribution network across India. The company serves healthcare providers and consumers through a diverse product portfolio.
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.