In the concluding postal service I discussed most the move yesteryear 25 stock holdings of LIC. In this post, I am discussing five stocks inward which LIC has increased its holdings considerably inward the concluding quarter. Though LIC has bought many stocks I accept handpicked below five considering that fact that these are fundamentally rigid companies amongst consistent growth opportunities.
1. Asian Paints
Since its foundation inward 1942, Asian Paints has come upwards a long agency to boot the bucket India’s leading as well as Asia’s quaternary largest pigment company, amongst a turnover of Rs. 158.5 billion. Asian Paints straight off operates inward nineteen countries as well as accept 26 pigment manufacturing facilities inward the world, servicing consumers inward over 65 countries.
Life Insurance Corporation has increased its stock holdings of Asian Paints to 4,48,59,732(4.68%) inward March 2017 from 4,50,04,429(4.69%) inward Dec 2016.
Market cap: Rs 1,10,783 Cr (Large Cap)
P/E: 56.57
Industry P/E: 54.07
Dividend Yield: 0.90 %
Debt Equity: 0.06
Return on Equity: 34.39 %
Price to Book: 14.57
Life Insurance Corporation has increased its stock holdings of Asian Paints to 4,48,59,732(4.68%) inward March 2017 from 4,50,04,429(4.69%) inward Dec 2016.
Market cap: Rs 1,10,783 Cr (Large Cap)
P/E: 56.57
Industry P/E: 54.07
Dividend Yield: 0.90 %
Debt Equity: 0.06
Return on Equity: 34.39 %
Price to Book: 14.57
2. Bajaj Auto
Bajaj Auto Limited is an Indian two-wheeler as well as three-wheeler manufacturing company. Bajaj Auto manufactures as well as sells motorcycles, scooters as well as auto rickshaws. Bajaj Auto is a purpose of the Bajaj Group. Bajaj Auto is the world's sixth-largest manufacturer of motorcycles as well as the second-largest inward India. It is the world's largest three-wheeler manufacturer.
Life Insurance Corporation(LIC) has increased its stock holdings of Bajaj Auto to 1,56,02,107(5.39%) inward March 2017 from 1,45,50,757(5.03%) inward Dec 2016.
Life Insurance Corporation(LIC) has increased its stock holdings of Bajaj Auto to 1,56,02,107(5.39%) inward March 2017 from 1,45,50,757(5.03%) inward Dec 2016.
Industry: Auto - 2 &3 Wheel
Market cap: Rs 87,959 Cr (Large Cap)
P/E 20.77
Industry P/E 27.32
Dividend Yield 1.81%
Debt Equity 0.01
Return on Equity 29.51%
Price to Book 5.17
3. Castrol India
Castrol Republic of Republic of India Limited is an automotive as well as industrial lubricant manufacturing company. Castrol Republic of Republic of India is the largest manufacturer of automotive as well as industrial lubricants inward the Indian lubricant marketplace as well as owns nearly 48% marketplace part inward the overall Indian lubricant market.
Life Insurance Corporation(LIC) has increased its stock holdings of Castrol Republic of Republic of India Ltd to 3,43,85,472(6.95%) inward March 2017 from 3,14,02,126(6.35%) inward Dec 2016.
Industry: Lubricants
Market cap: Rs 21,716 Cr (Large Cap)
P/E: 32.45
Industry P/E: 31.90
Dividend Yield: 2.51%
Debt Equity: 0.00
Return on Equity: 115.24%
Price to Book: 36.45
Life Insurance Corporation(LIC) has increased its stock holdings of Castrol Republic of Republic of India Ltd to 3,43,85,472(6.95%) inward March 2017 from 3,14,02,126(6.35%) inward Dec 2016.
Industry: Lubricants
Market cap: Rs 21,716 Cr (Large Cap)
P/E: 32.45
Industry P/E: 31.90
Dividend Yield: 2.51%
Debt Equity: 0.00
Return on Equity: 115.24%
Price to Book: 36.45
4. Container Corporation of India
Container Corporation of Republic of Republic of India Ltd is a Navratna Public sector task nether the Indian Ministry of Railways. Incorporated inward March 1988 nether the Companies Act, CONCOR commenced operations inward Nov 1989 taking over an existing network of vii inland container depots (ICDs) from Indian Railways. It straight off has a network of 63 ICDs/CFSs (Container Freight Stations) throughout India. CONCOR operates iii heart as well as soul businesses: cargo carrier; terminal operator, as well as warehouse operator.
Life Insurance Corporation(LIC) has increased its stock holdings of Container Corporation of Republic of Republic of India to 71,52,124(3.67%) inward March 2017 from 59,51,534(3.05%) inward Dec 2016.
Industry: Logistics
Market cap: Rs 29,105 Cr (Large Cap)
P/E: 44.07
Industry P/E: 51.34
Dividend Yield: 0.90%
Debt Equity: 0.03
Return on Equity : 10.11%
Price to Book : 3.63
5. Dewan Housing
DHFL stands rigid every bit 1 of India’s largest housing finance companies (and the instant largest inward the soul sector). DHFL was established to enable access to affordable housing finance to the lower as well as middle income groups inward semi-urban as well as rural parts of India. DHFL is the instant housing finance Company to endure established inward the country, however, amongst a unique mission, which is today benchmark every bit a model of fiscal inclusion inward the Indian fiscal services sector.
Life Insurance Corporation(LIC) has increased its stock holdings of Dewan Housing to 96,70,472(3.09%) inward March 2017 from 84,70,472(2.71%) inward Dec 2016.
Industry: Finance - Housing
Market cap: Rs 13,443 Cr (Mid Cap)
P/E 12.88
Industry P/E 21.60
Dividend Yield 0.93 %
Debt Equity 11.63
Return on Equity 14.57 %
Price to Book 1.74
Life Insurance Corporation(LIC) has increased its stock holdings of Dewan Housing to 96,70,472(3.09%) inward March 2017 from 84,70,472(2.71%) inward Dec 2016.
Industry: Finance - Housing
Market cap: Rs 13,443 Cr (Mid Cap)
P/E 12.88
Industry P/E 21.60
Dividend Yield 0.93 %
Debt Equity 11.63
Return on Equity 14.57 %
Price to Book 1.74
Given a chance, I would endure buying CONCOR(CMP: Rs.1191) as well as Dewan Housing(CMP: Rs.429) 😃