NTPC Limited
LIC increased its stake in NTPC from 5.62% to 5.91%, buying 28,951,211 shares at ₹344.25 apiece. The total value of the shares bought was ₹996.96 crore. This transaction resulted in LIC crossing the 5% disclosure threshold.
India's largest power generation company, NTPC operates thermal power plants and sells bulk electricity to state utilities across the country. Beyond power generation, the company provides engineering consultancy, project management and supervision services to clients. Its subsidiaries and joint ventures extend operations into energy trading, oil and gas exploration, and coal mining, establishing NTPC as a diversified player in India's energy sector.
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.