LIC Portfolio: Life Insurance Corporation of India Limited has increased its focus on defense sector companies during the June 2025 quarter and increased its stake in four PSU defense companies.
LIC Portfolio Stocks: The country’s largest insurance company, Life Insurance Corporation of India (LIC), has made many important changes in its portfolio during the June 2025 quarter. The company has increased its stake in some companies, while showing the way out to some stocks. LIC has reduced its stake in a total of 81 companies, which include names of companies like retail investors’ favorite Suzlon, Reliance Power and Vedanta. Let us tell you that LIC handles a large portfolio of Rs 15.5 lakh crore.
Increased stake in these 4 PSU defense stocks
Life Insurance Corporation of India Limited has increased its focus on defense sector companies during the June 2025 quarter and increased its stake in four PSU defense companies. According to a report by Economic Times, LIC has bought 3.27 percent stake in PSU defense stock Mazagon Dock Shipbuilders, valued at Rs 3857 crore. Apart from this, stake in Cochin Shipyard has increased by 13 basis points to 3.05%, Bharat Electronics Limited (BEL) has increased by 10 basis points to 1.99%. Along with this, stake in Hindustan Aeronautics Limited (HAL) has increased by 5 basis points to 2.77%.
Because of this, defense stocks came into focus
Let us tell you that in the current year, companies in the defense sector were in a lot of focus. The reason behind this is geo-political tension and Operation Sindoor between India and Pakistan. Apart from this, there is an increase in defense expenditure by NATO countries. All these factors have made investing in defense companies attractive.
Nifty Defense Index records rise in 6 months
The Nifty Defense Index has seen a massive rise of 34 percent in the last 6 months. During this period, the shares of the government company shipbuilder Garden Reach Shipbuilders and Engineers (GRSE) in the defense sector achieved a record rise of 71 percent. After this, PSU stocks like Mazagon Dock, Cochin Shipyard, Bharat Electronics and Hindustan Aeronautics have also registered a significant rise.
