Life Insurance Corporation of India (LIC) stake in listed companies was at its lowest in 50 quarters for the quarter ended September 2021, shows the data from primeinfobase.com. LIC owns 3.69 per cent of the total listed universe based on available disclosures, the lowest since at least June 2009.

• RBI Defends Currency Moves to Protect Economy
• Trump 2.0: Drilling, Climate Rollbacks, and Global Energy Concerns
• Nvidia’s AI Chip Demand Soars, But Slowing Sales Growth Worries Investors
• Karnataka CM Siddaramaiah Meets UK Envoy, Highlights Progressive Industry Policy
• What is Fair Market Value (FMV): Formula, Taxation & Example

This is a fall from the 3.74 per cent stake held in the June 2021 quarter. The stake has primarily been in decline since June 2012.

Stock Covered in the news

Life Insurance Corporation of India (LIC)-View Detailed Analysis