LIC decreased its stake in Dhanuka Agritech Limited from 2.58% to 2.47%, selling 62,094 shares worth ₹6.3 Cr at ₹1013.50 apiece.
A manufacturer of agrochemicals, Dhanuka Agritech produces herbicides, insecticides, fungicides, and plant growth regulators in multiple formulations including liquids, dusts, powders, and granules for Indian agriculture. The company operates across the crop protection segment, offering diversified solutions to enhance agricultural productivity and support farmers across various regions. Its product portfolio addresses key crop protection needs in India's farming sector.
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.
