LIC hits fresh record low; falls 32% below issue price
LIC shares have eroded investors’ wealth by ₹1.9 lakh crore as m-cap fell to ₹4.1 lakh crore as compared to the valuation of around ₹6 lakh crore during the listing.
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IDBI Bank share edges lower on stake sale report
The Life Insurance Corporation (LIC) of India and the central government are planning to sell up to 65% stake in IDBI Bank.
LIC shares surge 3% post robust Q1; should you buy, hold, or sell?
LIC has reported multifold growth in its net profit at ₹682.89 crore in Q1 FY23, compared to ₹2.94 crore in the Covid-disrupted last year’s June quarter.
Sensex, Nifty to open higher; LIC, Max Healthcare, BPCL, Hero, ONGC, SBI shares eyed
The Sensex and Nifty are poised to open higher on Tuesday, following gains in global peers and firm trading on SGX Nifty futures.
LIC share rises on rating boost; JP Morgan sees 29% upside
JP Morgan India has initiated coverage on LIC of India with an 'overweight' rating and a target price of ₹840.
LIC share extends fall for 10th session; erodes investors’ wealth by 1.71 lakh cr
On Monday, LIC shares declined 4.5% to hit their lowest level of ₹676.05, driven by sustained selling as the lock-in period for anchor investors ends today.
LIC shares hit fresh low; down 24% from issue price
LIC shares have wiped out ₹1.4 lakh crore of investors’ wealth as market-cap dropped to ₹4.57 lakh crore as compared to around ₹6 lakh crore at the time of listing.
LIC Q4 net profit falls 18% to 2,371 cr, board recommends ₹1.50 dividend
During the March quarter, net premium income increased to ₹1,43,745.92 crore, compared with ₹1,21,626.06 crore.
LIC listing: Stock fall 8% after historic IPO; investors lose ₹46,000 cr
LIC shares ended at ₹875.45 compared with the IPO price of ₹949, eroding around ₹46,000 crore in investor wealth.
LIC IPO to list on BSE, NSE today; key things to know
LIC shares traded at a discount of ₹16-₹19 in the grey market on Monday, indicating that the stock may have muted or soft opening on the domestic bourses.
