Archive · 13 Jun 2025
Marico Shares Dip as LIC Sells Stake in FMCG Company
Imagine a big company called Marico, whose stocks are traded in the stock market.
A large investor, LIC, decided to sell some of its shares in Marico.
This is like LIC deciding to take a little less ownership in the company.
Because of this sale, Marico's stock price went down a bit.
Other investors, like Quant Mutual Fund and HDFC Mutual Fund, still own a part of Marico, as well as foreign investors like Government Pension Fund Global.
It means that, overall, investors are still interested in Marico shares.
LIC reduced its stake in Marico by 2% through a market sale.
Marico's share price decreased by 1.5% in intraday trading.
The share sale by LIC involved 2,57,73,028 shares between June 5, 2021, and June 11, 2025.
LIC now holds a 3% stake in Marico.
Various institutional investors hold stakes in Marico, including Quant Mutual Fund and HDFC Mutual Fund.
- Who
- Life Insurance Corporation of India (LIC) and Marico.
- What
- LIC sold shares of Marico, causing a drop in the stock price.
- When
- The share sale happened between June 5, 2021, and June 11, 2025; the stock price dipped on June 13.
- Where
- BSE (Bombay Stock Exchange).
- Why
- The provided articles do not explicitly state the reason for LIC's share sale.
LIC Perspective
Marico Perspective
Investment Strategy
LIC Perspective
Sold 2% stake.
Marico Perspective
Remained invested in the stock.
- Company
- Marico
- Share Price Drop
- 1.5%
- LIC's Share Sale
- 2%
- Shares Sold
- 2,57,73,028
- LIC's Current Stake
- 3%
- 52-week high
- ₹740
- 52-week low
- ₹577.90