Colgate Palmolive (India) Limited
LIC increased its stake in Colgate Palmolive (India) Limited from 4.98% to 5.39%, acquiring an additional 1,092,900 shares worth ₹221.86 Cr at ₹2025.00 apiece, crossing the 5% disclosure threshold.
A leading manufacturer and marketer of oral care and personal hygiene products in India, the company produces toothpaste, tooth powder, toothbrushes, mouthwash, and related consumer goods for households and institutions. It operates through extensive retail distribution channels across the country with well-established brands in the oral care segment. The company maintains a strong presence in India's consumer defensive market through consistent product innovation, quality manufacturing, and wide market reach.
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.