National Aluminium Company Limited
LIC decreased its stake in National Aluminium Company Limited from 1.94% to 1.67% by selling 4,969,500 shares. The value of the shares sold was ₹198.9 Cr at a price of ₹400.50 apiece.
India's largest integrated aluminium producer, National Aluminium manufactures and sells both alumina and aluminium products for industrial and commercial applications. Incorporated in 1981, the company operates across mining, refining, and smelting operations, controlling the entire value chain from bauxite extraction to finished aluminium. Its vertical integration and captive mining assets distinguish it within India's aluminium 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.