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LIC ownership in India Inc falls to all-time low. Profit-booking at peak suspected
LIC's share by value in NSE-listed companies listed dropped to 3.64% as on December 31, 2023, from 3.73% as on September 30, 2023, but in value terms, the holding rose 11% to Rs 13 lakh crore, according to data from PRIME Database. In value terms, the PSU's biggest bets are RIL, ITC, TCS, HDFC Bank, Infosys, L&T, SBI, ICICI Bank, IDBI Bank, and HUL.