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MoneyWireLIC buys 2% stake in Cipla over 3 months, stake increases to 9.1%

LIC buys 2% stake in Cipla over 3 months, stake increases to 9.1%

This story was originally published at 20:10 IST on 20 February 2026
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Informist, Friday, Feb. 20, 2026

 

MUMBAI – Life Insurance Corp. of India Ltd. has bought more than 2% stake in Cipla Ltd. over three months, according to an exchange filing Friday. As a result, LIC's stake in Cipla has increased to 9.09%.

 

Cipla reported a consolidated net profit of INR 6.76 billion for the quarter ended December on a revenue of INR 70.74 billion. Friday, the company's shares closed 0.9% higher at INR 1,341.10 on the National Stock Exchange.  End

 

Reported by Anshul Choudhary

Edited by Saji George Titus

 

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