LIC reduces exposure to cos in Q2
Agencies: New Delhi , Nov 11 2012, 13:40 IST
followed by consumer (USD 198 million), cement (USD 192 million), pharma (USD 139 million), industrial (USD 134 million) and media/hotel (USD 53 million), the report said.
In contrast, the insurance giant's investment in the software sector stood at USD 277 million, followed by USD 112 million in the telecom category, USD 23 million in auto space, USD 19 million in metal and mining sector and USD
5 million in the energy area.
Financial sector accounted for 24 per cent of LIC's total equity portfolio in the country followed by energy 16 per cent, consumer goods 12 per cent and industrial space 10 per
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