LIC decreased its stake in Orient Green Power Company Limited from 1.31% to 1.13%, selling 2,099,800 shares. The value of the sold shares is ₹2.09 Cr at a share price of ₹9.95 apiece.
An independent power producer engaged in developing, owning, and operating wind energy power plants across India. Orient Green specializes in renewable energy generation through a diversified portfolio of wind installations designed to meet growing electricity demand. The company distinguishes itself through its focus on sustainable power production, operational efficiency, and long-term energy solutions in the renewable 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.
