Vidya Wires Limited
LIC Mutual Fund decreased its stake in Vidya Wires Limited from 2.60% to 1.27% by selling 28.30 lakh shares for ₹27.42 Cr at ₹97.06 apiece.
A manufacturer of copper and aluminium wires incorporated in 1981, Vidya Wires serves electrical, construction, and industrial sectors across India. The company specializes in producing high-quality wire products for power transmission, distribution, telecommunications, and various industrial applications. Its vertically integrated operations and focus on reliable manufacturing and consistent product quality distinguish it in the competitive metal wire sector.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.