LIC shares snap 3-session losing streak; here’s why
ICICI Securities has maintained a ‘BUY’ call on LIC stock with a target price of ₹917, an upside potential of 51% from the current market price.
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LIC, HDFC Life shares tank as govt lifts tax exemption on high-value insurance policies
Finance Minister Nirmala Sitharaman reduced the tax exemption limit on high-value insurance policies.
LIC share rises 4% as Kotak initiates coverage; sees up to 40% upside
Kotak Institutional Equities initiates coverage on LIC, with a ‘buy’ rating and target price of ₹1,000 apiece, a potential upside of 40% from the current market price.
LIC stock surges 9% as Q2 profit jumps multifold; what should investors do now?
LIC of India share price jumped 8.7% to ₹682.70 on the BSE, registering its biggest intraday gain since listing.
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.
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.
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 ups stake in Hero MotoCorp, CAPRI, HUL
State-owned insurer LIC’s stake in Hero has increased to 11.2%, while in CAPRI and HUL, its shareholding rose to 7.05% and 5%, respectively.
Jittery anchor investors crucial link to LIC share price crash
Every LIC IPO subscriber holding on to its shares is making a loss of ₹280.75 per share as on June 13, 2022, which is likely to increase as more of anchor investor shares flood the market.
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.
