LIC Boosts Maruti Suzuki Stake Beyond 5% with Latest Purchase

The Life Insurance Corporation of India (LIC) has raised its ownership in Maruti Suzuki, surpassing the 5% mark following the acquisition of 51,750 shares in a recent market transaction. This strategic buy comes at a time when Maruti Suzuki's stock has faced a downturn this year, showcasing LIC's commitment to investing even amidst fluctuating market conditions.