LIC Bought 1,61,56,976 Shares, Increases Stake in This PSU Railway Monopoly Company!
LIC Bought 1,61,56,976 Shares, Increases Stake in This PSU Railway Monopoly Company!
The company’s shares have delivered an impressive multibagger return of over 50 per cent in the past year.
The President of India holds around 62.40 per cent stake in the company as per Q1 FY25.
LIC Increases Stake to Record High in This Stock: Interim Dividend Likely
Additionally, the board may consider declaring an interim dividend for the fiscal year 2024-25
Life Insurance Corporation of India (LIC). LIC has increased its stake in this stock, bringing its holding to a notable 6.07 per cent by the end of the June 2024 quarter.
LIC gained record profits of Rs 79,19,89,74,520 in a single trading session as the stock achieves its highest single-day gain in years!
It is evident that mutual funds augmented their holdings from 6.56 per cent to 6.97 per cent
Intriguingly, a noteworthy revelation surfaces as the Life Insurance Corporation of India (LIC) holds a 6.31 percent stake in the company, translating to a staggering 416,836,708 shares.
Interview with Yogesh Patil, CIO (Equity), LIC Mutual Fund Asset Management Limited
Against the backdrop of the equity market witnessing a splurge and thereby attracting a larger number of investors, Yogesh Patil, CIO (Equity), LIC Mutual Fund Asset Management Limited, takes stock of the present scenario, shares tips about the path that investors should tread on, and casts a perspective on what the future beholds
Consumption and investment are the two drivers of the India growth story, says Yogesh Patil, CIO (Equity), LIC Mutual Fund Asset Management Limited
Interview with Jaiprakash Toshniwal, Senior Equity Research Analyst and Fund Manager, LIC Mutual Fund
As India progresses towards becoming a USD 5 trillion economy, a favourable demand environment is emerging in the consumer and manufacturing sectors, opines Jaiprakash Toshniwal, Senior Equity Research Analyst and Fund Manager at LIC Mutual Fund Asset Management Ltd.
In an interaction with Jaiprakash Toshniwal - Fund Manager and Senior Equity Research Analyst at LIC MF
President of India’s portfolio gains Rs 77,60,89,541 and LIC’s portfolio gains Rs 18,10,25,306 from this multibagger penny stock in just 1 day, scrip hit 52-week high!
The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 16.60 per share.
The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 16.60 per share.
LIC-backed penny stock with 1,650 per cent returns: This micro-cap company signs MoU with Philips Corporation, USA – know more here!
The stock gave multibagger returns of 115 per cent in just 5 months and a whopping 1,650 per cent in 3 years.
The stock gave multibagger returns of 115 per cent in just 5 months and a whopping 1,650 per cent in 3 years.
300 per cent Jump in net profit; LIC backed Multibagger company announces stellar results; Rocket rally of 250 per cent in 1 year!
Cash Flow from Operations recorded at Rs 1,864 crores, marking a remarkable leap of 2362.59 per cent from previously negative cash flows.
Companiy's equity derivatives market share has grown significantly from April to September 2023, reaching 7.4 per cent after the introduction of BANKEX derivatives contracts.
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Majority of the stake i.e., 76.73 per cent is held by Domestic Institutional Investors (DIIs) and Public shareholders that include State Bank of India (26.14 per cent), ICICI Bank Ltd (2.61 per cent)
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Are you looking stocks for trading? Check out this article that lists stocks with a solid positive breakout.
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Are you looking for fundamentally and technically strong stocks? Checkout this article where we have listed top stocks based on CANSLIM approach.
A solid positive breakout is seen in these stocks; do you hold them?
Nifty 50 started lower on the back of negative global trends. In this post, we have highlighted stocks that have witnessed a solid positive breakout despite weak trends.
Are you looking for stocks to trade today? Check out this article that lists stocks experiencing a solid positive breakout despite weakness in the markets.