LTM Limited
LIC increased its stake in LTM Limited from 9.80% to 10.21% by acquiring 12,14,242 shares.
A major Indian IT services provider, LTM delivers comprehensive application development, maintenance, and outsourcing solutions across diverse industries globally. The company specializes in enterprise solutions, infrastructure management, testing services, and digital platforms tailored to client needs. Its offerings span traditional IT services to modern cloud and platform-based solutions, serving clients in financial services, manufacturing, retail, and telecommunications sectors.
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.