Shakti Pumps (India) Limited
LIC Mutual Fund reduced its stake in Shakti Pumps (India) Limited from 3.23% to 1.22%, selling 2,485,034 shares. Mutual funds have been observed to reduce their holdings in Shakti Pumps (India) in the quarter ending March 2026.
A manufacturer of pumps and motors serving irrigation, horticulture, domestic water supply, and industrial applications across India and international markets. Shakti Pumps designs and produces advanced water pumping solutions tailored to diverse customer needs in agricultural and commercial sectors. The company's Shakti brand is recognized for reliability and quality performance in both domestic and export segments.
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.