Value of LIC ownership in listed companies sees an uptick, shows data

But its share by volume declines in the March quarter

Life Insurance Corporation’s (LIC) shareholding, in value terms, in the companies listed on the NSE went up to 3.83 per cent by the end of March 2022, from 3.67 per cent as on December 31, 2021, data from primeinfobase.com shows.

LIC holding in NSE firms was worth Rs 9.89 trillion on March 31, 2022 -- 3.75 per cent more than the previous quarter. Considering only free float (non-promoter holding), LIC's share by value went up to 7.76 per cent in the quarter ended March 2022, from 7.39 per cent on December 31.

In terms of ownership by the number of