Housing & Urban Development Corporation Limited
LIC decreased its stake in Housing & Urban Development Corporation Limited from 7.39% to 7.26%, selling 2,645,905 shares. Based on the share price of ₹193.91, the transaction is valued at approximately ₹51.21 Cr.
A financial institution specializing in housing and urban development finance across India, this company provides loans and funding for residential projects, infrastructure development, and city planning initiatives. It operates as a key player in financing housing schemes and urban infrastructure, supporting both public and private sector projects. The organization distinguishes itself through its dedicated focus on affordable housing and sustainable urban development financing nationwide.
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.