LIC stake in NSE-listed companies dips in June quarter, shows data

The percentage of holding across 295 companies, where its holding is more than 1 per cent, slipped to 3.74 per cent in Q1 from 3.83 per cent in the previous quarter ended March on an aggregate basis

Life Insurance Corporation of India, the country’s largest insurer, saw its holding in companies listed on the National Stock Exchange (NSE) dip in the quarter ended June (Q1) amid a surge in Indian equities.
 
The percentage of holding across 295 companies, where its holding is more than 1 per cent, slipped to 3.74 per cent in Q1 from 3.83 per cent in the previous quarter ended March 31 on an aggregate basis by value percentage, data from primeinfobase.com shows. Historically, the holding had touched its peak of 5 per cent in the quarter ended June 30, 2012.
 
While