Carraro India Limited
LIC Mutual Fund increased its stake in Carraro India from 3.06% to 3.14%, raising its shareholding by 42,011 shares from 1,741,623 to 1,783,634 shares. The value of the additional shares bought was approximately ₹2.28 crore, based on Carraro India's share price of ₹542.80.
A manufacturer of axles and transmission systems for agricultural tractors and construction vehicles, Carraro India serves the domestic automotive and farm equipment sectors. The company specializes in designing and producing drivetrain components engineered for heavy-duty applications in agriculture and construction industries. Established in 1997, it maintains operations focused on precision engineering and reliable supply to leading tractor and vehicle manufacturers across India.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.