News Topical, Digital Desk : Life Insurance Corporation of India (LIC), India's largest life insurance company, has increased its stake in two leading FMCG companies, Tata Consumer Products and Dabur India. Both companies have informed the stock exchanges in this regard. LIC has increased its stake in Tata Consumer Products from 6.633% to 8.645%. This increase is approximately 2.012%, equivalent to 1.99 crore equity shares. This purchase was made between July 11, 2025, and October 23, 2025.
Meanwhile, LIC has increased its stake in Dabur India from 4.918% to 6.985%. During this period, LIC added 2.067% stake, or approximately 36.6 million shares. This investment was made between February 18, 2025, and October 23, 2025.
Stock Performance: Tata Consumer shares closed at ₹1154.50 on the BSE on Friday, down 0.65% from the previous day. Dabur India shares closed at ₹508.45, a decline of 0.52%. Over the past year, Tata Consumer shares have returned 14%, outperforming the Nifty's 5.6% return.
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