JSW Energy Limited
LIC decreased its stake in JSW Energy from 7.23% to 6.82%, selling 20.37 lakh shares worth ₹110.23 crore at ₹541.20 apiece.
A vertically integrated power generation company, JSW Energy operates thermal and renewable energy assets across Karnataka, Maharashtra, Andhra Pradesh, and West Bengal. The company serves as the holding entity for the JSW group's power business and maintains strategic joint ventures in mining operations and turbine manufacturing, positioning itself as a diversified player in India's energy sector with integrated operations across the value chain.
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.