LIC raises stake in PSU stock NTPC over 5%. Check details
LIC portfolio stocks: India’s biggest domestic institutional investor (DII), Life Insurance Corporation of India (LIC), announced raising its stake in the state-owned power generator NTPC past the 5% mark on Monday, October 13.
LIC acquired 9,70,000 shares of the PSU stock, representing a 0.010% stake, via the open market last week on October 10. With this, NTPC’s stake in LIC’s portfolio swelled to 5.001%. LIC now holds 48,49,90,140 shares of the PSU power stock.
