News

​LIC bought shares worth $2 billion in these 10 companies in Q4. Do you own any?​

Portfolio watch
iStock
1/11
Portfolio watch
State-run insurer and India's largest institutional investor Life Insurance Corporation of India (LIC) bought shares worth around Rs 18,500 crore (nearly $2 billion) in several companies including Bajaj Finance, Bharti Airtel and more during the January-March quarter of the financial year 2026, even as markets crashed due to several headwinds including Iran-US war, AI-led disruption worries and more. Here are the 10 stocks which saw the highest buying by LIC in Q4 of the financial year which ended on March 31, 2026.
Bajaj Finance
ETMarkets.com
2/11
Bajaj Finance
LIC bought shares of Bajaj Finance worth Rs 2,167 crore in Q4 FY26, taking its total stake in the non-banking financial company to 2.75% at the end of the quarter. This came as the shares of the company dropped 19% during the quarter. In the longer term, the shares of the company gained more than 43% in three years and 74% in five years.
Bharti Airtel
Agencies
3/11
Bharti Airtel
LIC bought shares worth Rs 2,153 crore in telecom giant Bharti Airtel during the fourth quarter of the financial year 2026. The shares of the company declined 15% during the March quarter, but gained 131% in three years and around 226% in five years.
TCS
Reuters
4/11
TCS
The state-run insurer bought shares worth Rs 2,143 crore in IT services major Tata Consultancy Services (TCS) during Q4 FY26. The stock declined 26% during the period as new AI tools by Anthropic triggered worries around artificial intelligence-led disruption in India's IT services sector, sparking a massive selloff in IT stocks. In the longer term, the shares of the company have fallen more than 26% in three years and over 23% in five years.
Cipla
BCCL
5/11
Cipla
LIC bought shares of Cipla worth Rs 2,068 crore during the March quarter of FY26. The shares of the company dropped 19% during the period. The stock have gained over 44% in three years and 53% in five years.
IRFC
ETMarkets.com
6/11
IRFC
LIC bought shares of Indian Railway Finance Corporation (IRFC) worth Rs 2,044 crore in the fourth quarter of FY26. The shares of the company tumbled 30% during the quarter under review. In the longer term, the stock jumped 204% in three years and more than 402% in five years.
Infosys
BCCL
7/11
Infosys
The insurer bought shares worth Rs 1,897 crore in Infosys during Q4 FY26, while the IT stock declined 23% during the quarter amid the selloff triggered by worries around prospective AI-led disruption. The shares of the IT giant have declined 7% in three years and 13% in five years. The stock is down 28% in 2026 so far.
HAL
BCCL
8/11
HAL
LIC bought shares of Hindustan Aeronautics (HAL) worth Rs 1,819 crore during the January-March quarter of FY26. This came while the shares of the defence major declined 21% during the quarter. In the longer term, the stock has jumped 224% in three years and 898% in five years.
HCL Technologies
ETMarkets.com
9/11
HCL Technologies
The state-run insurer bought shares worth Rs 1,399 crore in HCL Technologies during the fourth quarter of FY26. Amid the AI-led selloff, the stock declined 17% during the period. Unlike its peers Infosys and TCS, the stock has delivered positive returns of 12% in three years and 31% in five years.
Hyundai Motor
ETMarkets.com
10/11
Hyundai Motor
LIC bought shares of Hyundai Motor India worth Rs 1,390 crore in the fourth quarter of FY26, while the shares of the Creta-maker declined 23% during the period. Notably, the stock hit a fresh 52-week low of Rs 1,658 apiece on April 6.
Maruti Suzuki
Reuters
11/11
Maruti Suzuki
LIC bought shares of Maruti Suzuki worth Rs 1,374 crore during the January-March quarter of FY26. This came while the shares of India's largest automaker declined 26% during the period. In the longer term, the stock has delivered 51% returns in three years and 105% returns in five years.
Success
This article has been saved