Hindustan Unilever Limited
LIC decreased its stake in Hindustan Unilever Limited from 6.92% to 6.59%, selling 76.60 lakh shares. The value of shares sold is ₹1,640.89 crore based on the share price of ₹2143.80.
A leading fast-moving consumer goods company in India, Hindustan Unilever operates across home care, beauty and personal care, and foods and refreshment segments. The company manufactures products through facilities strategically located across the country and distributes primarily within India. Its extensive portfolio spans household essentials, personal care products, and food brands serving diverse customer needs across urban and rural markets.
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.