Despite being well-known for its blue-chip holdings, LIC really keeps a lengthy tail of inexpensive companies. Look before you jump, though, as cheap stocks may not always be active purchases but rather holdings that have lost value over time.
When it comes to penny stocks and the Life Insurance Corporation of India (LIC), it is a classic example of “big money” playing a completely different game than the typical retail investor.
Despite being well-known for its blue-chip holdings, LIC really keeps a lengthy tail of inexpensive companies. Low-cost equities, however, are occasionally assets that have depreciated over time rather than active purchases.
LIC owns the following three penny stocks. Regardless of their face value, we have taken into consideration equities valued under ₹20.
#1 Easy Trip Planners
Operator of Ease Travel PlannersFounded in 2008, MyTrip.com is a prominent online travel service based in New Delhi, India. In order to draw clients, it uses a no-convenience-fee business model and provides a wide range of travel services, such as flights, lodging, vacation packages, and rail/bus tickets.
According to data from Trendlyne, LIC owns a 2.3% investment, which is now worth ₹79.7 crore.
In Q3 FY26, revenue rose from ₹150.6 crore to ₹151.7 crore. The net profit was ₹3.1 crore as opposed to ₹34 crore the previous year. Throughout the quarter, EaseMyTrip’s global operations continued to be a major growth engine.
Dubai remained one of the company’s best-performing foreign markets, making a significant contribution to overall expansion. Gross booking revenue (GBR) for Dubai operations in Q3 FY26 was ₹397.6 crore, up 133.2% year over year from ₹170.5 crore in the same quarter of the previous year.
As part of its aim to scale important growth sectors and strengthen its financial position, the business announced plans on February 16 to fund up to ₹500 crore.
Through investments in technology, platform enhancement, and strategic prospects in line with its long-term business ambitions, the proposed capital increase would help EaseMyTrip expand into high-potential categories, including hotels and vacations.
#2 Green Power Orient
Orient Green Power firm is a well-known renewable energy firm in India that specializes in producing electricity from sustainable sources. To diversify its energy mix, it intends to venture into solar and hybrid (wind + solar) projects.
According to Trendlyne statistics, LIC presently owns a 1.31% stake, worth ₹15.6 crore.
In Q3 FY26, the company reported sales of ₹36 crore, up from ₹34.5 crore in the same period last year. However, the company also reported losses for the quarter.
Since the company is primarily a wind industry, its operations are seasonal, so it is important to interpret the quarterly data appropriately. In the first half of the fiscal year, a large amount of its generation takes place. The Q3 generation was largely in line with past trends.
With about 18 MW of solar and 10 MW of wind power, the company has signed contracts to build an additional 28 MW of greenfield capacity. By April or May, both should be operational.
With 382 MW of wind and 7 MW of solar power, Orient Green Power can now run 389 MW of capacity. With repowering and more capacity under way, management is optimistic that growth momentum will pick up speed and deliver stronger returns to shareholders in the upcoming quarters.
#3 Sugar by Bajaj Hindusthan
The top producer of sugar and ethanol in India is Bajaj Hindusthan Sugar. With its headquarters located in Mumbai, it is an important part of the Bajaj Group.
In Uttar Pradesh, it runs fourteen sugar plants. Gola Gokaran Nath, Palia Kalan, Khambharkhera (Lakhimpur Kheri district), Barkhera (Pilibhit district), Kinauni (Meerut district), Gangnauli (Saharanpur district), Thanabhawan, and Budhana (Muzaffarnagar district) are the crucial locations of these plants.
LIC owns 3.21% of the company, which is currently worth ₹66.1 crore, according to Trendlyne statistics. Compared to ₹1,475.8 crore a year before, the company posted revenue of ₹1,380.4 crore. Following a deficit during the same time last year, net profit was ₹14.7 crore.
Bajaj Hindusthan has been shifting its capacity toward ethanol in order to stabilize cash flows and lessen its dependence on fluctuating sugar prices as a result of the government’s drive for ethanol mixing in gasoline.
Better operational efficiency throughout the crusher season is the main driver of the latest Q3 quarterly results, which indicate a return to profitability.
Is it wise to purchase these stocks?
Although these inexpensive stocks owned by LIC can seem alluring, you should give them considerable thought because the insurance giant’s goals, time horizon, and risk tolerance differ from your own.
Retail investors may have missed the opportunity by the time they respond to publicly available data. Poor results might result from copying any significant investor’s portfolio without knowing the position sizing, value comfort, or thesis.
Before deciding to invest, investors should constantly consider a company’s stock valuation, corporate governance, and fundamentals.
