Tata Power Company Limited
LIC increased its stake in Tata Power Company Limited from 5.18% to 5.72%, purchasing 1,71,55,984 shares.
India's largest vertically-integrated power company, Tata Power generates, transmits, and distributes electricity across the nation through thermal, hydro, and renewable energy assets. The company is transitioning toward complete renewable energy production to support India's sustainability goals. Beyond utility operations, it manufactures solar roofs and is expanding into electric vehicle charging infrastructure as part of its broader energy ecosystem strategy.
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.