However, apart from these well-known blue chips, LIC has also invested in some lesser-known stocks that have yielded handsome returns. Select 10 stocks in LIC's portfolio have given multibagger returns in the last 12 months.
Upon completion of transaction, Sanlam s effective economic shareholding in SGIC will increase from 40.25 percent to 50.99 percent, and in SLIC from 42.38 percent to 54.40 percent
MedLife, the largest network of private medical services in Romania, has announced in a stock market report on April 3 the entry into the shareholding of Personal Genetics, a human medical genetics center with national coverage, established in 2011.
British American Tobacco: BAT has 29.03% holding in the cigarette-to-chips conglomerate, as per December 2023 disclosures. Based on Monday’s closing price, BAT’s shareholding is valued at Rs 1.47 lakh crore ($17.75 billion). ITC’s total market capitalisation amounted to Rs 5.07 lakh crore ($61.17 billion). BAT sells cigarettes under brands such as Dunhill, Kent and Lucky Strike. The value unlocking could potentially help it prune leverage and resume a share buyback programme to enhance shareholder value. It launched the 2 billion buyback in 2022, but didn’t renew it last year.