Life Insurance Corporation of India (LIC) has raised its stake in Maruti Suzuki, one of India's leading automobile manufacturers, to above 5%. The insurer purchased 51,750 shares through a market transaction valued at approximately Rs 68 crore. This acquisition occurs amid a period of stock price decline for Maruti Suzuki in 2026. LIC's move highlights its continued commitment to investing in key Indian companies despite prevailing market volatility. The increased stake positions LIC as a significant shareholder in Maruti Suzuki, reflecting confidence in the automaker's long-term prospects within the Indian market. Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares through a market transaction.