LIC लाएगी हेल्थ इंश्योरेंस? खबर आते ही उछलने लगा शेयर
दरअसल, भारतीय जीवन बीमा निगम ने उन खबरों पर तस्वीर साफ की है, जिनमें कहा जा रहा है कि LIC हेल्थ इंश्योरेंस बिजनेस में उतरने की तैयारी में है. Source link
LIC share price
LIC crosses listing price for first time as stock jumps 5% to 52-week high
Shares of Life Insurance Corporation (LIC) jumped nearly 5% and hit a 52-week high of Rs 895 on Tuesday. With today’s rally, the stock of this state-run life insurer also crossed its listing price of Rs 867 for the first time. LIC shares were listed on May 17, 2022, at a discount of 8.6% to … Read more
LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemption
LIC shares on Friday rallied 7.2% to hit a fresh 52-week high of Rs 820 on BSE after the Finance Ministry granted an extension to the PSU insurer for complying with 25% minimum public shareholding (MPS) norms till 2032. Sebi rules mandate all listed companies to maintain 25% public float but newly-listed companies are granted … Read more
LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high
New Delhi: The Life Insurance Corporation of India on Thursday reclaimed market capitalisation of Rs 5 lakh crore-mark after the shares of the company hit a 52-week high on the bourses. The stock jumped 5.34% to close at Rs 785.50 apiece on the BSE. On the NSE, LIC shares climbed 5.25% to settle at Rs … Read more
Chart Check: LIC breaks out from inverse head & shoulder pattern; what should investors do?
Life Insurance Corporation of India (LIC), part of the life insurance sector, didn’t have a good run post its listing in May 2022 but a recent breakout from an inverse head & shoulder pattern as well as its falling trendline since its IPO gives an indication that bulls could take control. The stock fell more … Read more
Sat Pal Bhanoo appointed Managing Director of LIC
Sat Pal Bhanoo has been appointed as the Managing Director of Life Insurance Corp (LIC) of India with effect from the date of assumption of charge. Bhanoo is currently serving as the Additional Zonal Manager of LIC in Bhopal. “Sat pal Bhanoo, Additional Zonal Manager (In-Charge) Zonal Office, LIC of India, Bhopal, has been appointed … Read more
Does LIC’s multifold jump in Q4 profit make it a buy? What brokerages say
After Life Insurance Corporation of India (LIC) posted a standalone net profit of Rs 13,428 crore in Q4 FY23 on Wednesday, a number of top brokerages retained their bullish views on the stock. While Motilal Oswal maintained a ‘Buy’ rating on the stock, Emkay recommended a ‘Hold’. Meanwhile, Axis Capital and JM Financial also maintained … Read more
LIC’s Rs 10 lakh crore-portfolio: 273 stocks, 11 stars, but only 1 superstar!
NEW DELHI: Spread across almost every nook and corner of Dalal Street, Life Insurance Corporation of India or LIC‘s portfolio is humongous with Rs 10 lakh crore riding on as many as 273 stocks. So far in the calendar year 2023, there are 12 stocks in LIC’s kitty that have delivered at least 20% return … Read more
A $17 billion loss puts LIC IPO among top Asia wealth losers
An eye-popping $17 billion wipeout in market value has made Life Insurance Corp of India one of the biggest wealth destroyers among Asia’s initial public offerings this year. Having plunged 29% since its May 17 debut, India’s biggest ever IPO now ranks second in terms of market capitalization loss since listing, according to data compiled … Read more
The elephant that can’t dance! Emkay initiates coverage on LIC with 12-month target below IPO price
NEW DELHI: It is fair to say that the Life Insurance Corporation (LIC) of India has disappointed its investors in the first two weeks since its listing. For most of the days since it got listed on May 17, the stock price has settled in the red. It now trades down over 15 per cent … Read more