LIC share in listed companies has declined sharply, but has increased the number of 10 firms in Q4.

Life Insurance Corp. India (LIC) has reduced its holdings to publicly traded companies in the fourth quarter of the 2021 financial year, down by a regular 3.66 percent of the market price of 296 companies (holding more than one percent) compared to 3.70 percent from December 31, 2020.
As of June 30, 2012, the figure was 5% higher, according to a report by the Prime Database Group.

The state insurance company had set a profit for the first three months of 2021 as Nifty received 5 percent.

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“In total, LIC shares in companies reached the highest of Rs 7.24 crore crore for the quarter ending March 31, 2021, an increase of 6.30 percent over the previous quarter,” Pranav Haldea, Managing Director, PRIME Database Group said in a statement.
Sensex and Nifty increased by 3.70 and 5.10 percent, respectively, during this period.
In the quarter ended March 31, LIC participated in sectors such as pharma, insurance, financial telecom. On the other hand, declining numbers in sectors such as infrastructure, public and private transport banks.
Companies that have seen a significant increase in LIC capture percentages in the last 1 quarter include Rail Vikas Nigam, New India Assurance, Bajaj Auto, Tata Communications, Alembic Pharma, Aurobindo Pharma, and Biocon.
Pharma companies became LIC’s preferred choice with the increase in COVID cases in the middle of the second wave.

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LIC reduced the number in Central Bank of India, Hindustan Motors, Jyoti Structures, RPSG Ventures, and Dalmia Bharat etc. for the quarter ending March 31, 2021.
Depending on the companies where LIC was most active in the quarter ended March 31, they include IDBI Bank, LIC Housing Finance, Hindustan Aeronautics, L&T, NMDC, Castrol India, and National Fertilizers, etc. Data from the PRIME Database displayed.

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