Hindustan Petroleum Corporation Limited
SBI Life Insurance has fallen off Hindustan Petroleum Corporation Limited's disclosed shareholder list this quarter. Last holding 1.1 percent, SBI Life Insurance either fully exited or trimmed the stake below the 1 percent reporting threshold.
One of India's largest integrated energy companies, HPCL operates across the entire petroleum value chain, engaging in crude oil refining, marketing of petroleum products, and hydrocarbon production. The company manages exploration and production blocks while maintaining a significant downstream presence through extensive fuel distribution and retail networks. Its vertically integrated business model enables operations spanning refining capacity, retail marketing infrastructure, and upstream energy exploration activities.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.