Coforge Limited
Life Insurance Corporation of India sold 19.52 lakh shares of Coforge Limited through market sales, reducing its stake from 5.03% to 3.03%.
An IT services company providing end-to-end software solutions and consulting services to global clients across multiple sectors. Coforge operates subsidiaries in the US, Singapore, Australia, UK, Germany, and Thailand to deliver projects and support its international expansion. The company serves prominent customers in aviation, financial services, and travel industries, maintaining strategic partnerships with leading IT firms worldwide and ranking among India's top software exporters.
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.