Hindustan Aeronautics Limited
LIC increased its stake in Hindustan Aeronautics Limited from 3.11% to 3.35%, acquiring an additional 1,570,060 shares. This transaction is valued at approximately ₹776.49 crore, based on a share price of ₹4945.00.
A major aerospace and defense manufacturer, Hindustan Aeronautics engages in the design, development, and production of aircraft and helicopters for military and civilian applications. The company also provides comprehensive repair, maintenance, and overhaul services for aerospace platforms. As a vertically integrated manufacturer with in-house capabilities, it operates as a key strategic supplier to India's defense sector, government aviation requirements, and international customers.
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.