Archive · 14 Jan 2026
LIC Raises Stake in Sun Pharma
Life Insurance Corporation of India (LIC), which is a very big insurance company in India, bought more shares of Sun Pharma, a big medicine company.
LIC now owns a little over 5% of Sun Pharma.
They bought these shares on January 13.
Even though LIC bought more shares, the price of Sun Pharma's shares went down a bit that day.
Over the years, Sun Pharma's shares have gone up a lot, especially in the last five and ten years.
The company is doing well, with more sales and profits compared to last year.
They are also spending a lot on research to make new medicines.
LIC increased its stake in Sun Pharma to 5.004% by purchasing 2,02,500 shares on January 13.
Sun Pharma's share price declined by 1.7% to ₹1700.55 on the BSE despite the stake increase.
Over the past decade, Sun Pharma's stock has shown significant growth, with a 115% increase over ten years.
In the first half of the financial year, Sun Pharma reported a 9.3% increase in sales and a 4.1% rise in adjusted profit.
The company invested ₹1685.5 crore in research and development, which is 6% of its overall sales.
- Who
- Life Insurance Corporation of India (LIC)
- What
- Increased stake in Sun Pharma
- When
- January 13
- Where
- India
- Why
- To enhance its investment portfolio
- Company
- Sun Pharma
- Investor
- Life Insurance Corporation of India (LIC)
- Shares Purchased
- 2,02,500
- Stake Increase
- 0.008%
- Total Stake
- 5.004%
- Date of Purchase
- January 13
- Share Price
- ₹1700.55
- Stock Performance (1 Year)
- -4%
- Stock Performance (2 Years)
- 28%
- Stock Performance (3 Years)
- 65%
- Stock Performance (5 Years)
- 180%
- Stock Performance (10 Years)
- 115%
- Sales Growth (H1 FY25)
- 9.3%
- Adjusted Profit Growth (H1 FY25)
- 4.1%
- R&D Investment (H1 FY25)
- ₹1685.5 crore