LIC decreased its stake in Titan Company Limited from 2.34% to 2.17%, selling 1,557,151 shares worth ₹716.59 Cr at ₹4601.50 apiece.
One of India's most respected lifestyle companies, Titan operates across watches, jewellery, and eyewear categories through a portfolio of trusted brands. Founded in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation, the company has established leadership positions in these segments through differentiated retail experiences, quality products, and strong brand recognition across Indian markets.
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.