LIC to invest Rs 1.30 lakh crore in stock market in 2024-25
During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against Rs 23,300 crore in the same period a year ago. LIC earned a profit of Rs 15,500 crore from its investments in equity markets during the first quarter. The profit from its investment was higher by 13.5 per cent quarter-on-quarter.
LIC has exposure in 282 companies through investment in their shares, as of June 30, 2024. | Image: licindia.in