ABB India Limited
LIC increased its stake in ABB India Limited from 3.03% to 3.16%, raising its shareholding from 6,423,023 to 6,700,200 shares. The value of the additional 277,177 shares is ₹20.80 Cr based on the share price of ₹7506.00.
An integrated power equipment manufacturer, ABB India supplies engineering solutions, products, and services across automation and power technology sectors. The company serves industrial customers with a comprehensive range of offerings spanning electrical equipment, industrial automation systems, power distribution solutions, and related services. Operating as a subsidiary of global technology leader ABB, it delivers integrated solutions designed to support India's infrastructure development and industrial modernization across multiple 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.