Maruti Suzuki share price: Life Insurance Corporation of India (LIC), the country’s largest institutional investor, has increased its stake in beyond the key 5% ownership threshold after purchasing additional shares of the automaker through the open market.
According to a regulatory filing, acquired 51,750 shares of Maruti Suzuki on June 3 through a market transaction. Based on the stock’s previous closing price of ₹13,064 on the NSE, the purchase is valued at approximately ₹67.61 crore. Before the transaction, LIC held 1.57 crore shares, representing a 4.989% stake in India’s largest passenger vehicle manufacturer. Following the latest acquisition, its holding has risen to 5.006%.
The increased investment comes at a time when Maruti Suzuki shares have been under pressure. The stock has declined nearly 3% over the past month and is down around 22% so far in 2026. Despite the recent weakness, the automaker has delivered gains of about 8% over the last one year, more than 36% over three years and nearly 81% over five years.
On Friday, the stock ended 0.07% lower at ₹13,048.60 apiece on BSE. It has hit its 52-week high of ₹17,371.60 in January 2026 and its 52-week low of ₹12,019.75 in June 2025.
Maruti Launches India’s First Flex-Fuel Passenger Vehicle
The stake increase also coincides with Maruti Suzuki’s launch of what it described as India’s first flex-fuel passenger vehicle, the Wagon R Flex Fuel.
Speaking at the launch event, Managing Director and CEO Hisashi Takeuchi said the new model represents more than just the introduction of another vehicle.
“The introduction of the flex-fuel Wagon R marks more than the debut of a new vehicle. It represents a new chapter in India’s energy journey,” Takeuchi said.
Highlighting the country’s dependence on imported crude oil, he emphasised the importance of developing sustainable and locally driven energy solutions.
“India has two national objectives: First, reduce dependence on imported crude oil. Second, reduce carbon emissions. Flex-fuel meets both. It is truly Atmanirbhar and clean,” he added.
LIC Shareholding
LIC has remained an active buyer in the equity market despite volatility triggered by factors such as the Iran-US conflict, concerns over artificial intelligence-led disruptions and broader global uncertainties. During the January-March quarter of FY26, the state-run insurer purchased shares worth around ₹18,500 crore (nearly $2 billion) across several companies, including and . During the same quarter, LIC also acquired Maruti Suzuki shares worth approximately ₹1,374 crore.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.