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LIC says focusing on strategic interventions including products launch to
Updated : 2 years ago IST
Launching new products and diversifying products mix, focusing on digital transformation are among the key focus areas of insurance behemoth Life Insurance Corporation of India (LIC), as per a company regulatory filing. LIC said it now intends to focus on "strategic interventions" to maximiz
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Centre grants one-time exemption to LIC to achieve 25% minimum public shar
Updated : 2 years, 5 months ago IST
The central government has granted a one-time exemption to Life Insurance Corporation of India (LIC) to achieve 25 per cent Minimum Public Shareholding (MPS) within 10 years since its listing on the exchanges.
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LIC shares rise more than 9% on back of strong quarterly earnings
Updated : 3 years, 6 months ago IST
The shares of the insurance company were trading at Rs 665 apiece at 10.20 am on BSE while it was at Rs 668.65 apiece at 11.40 am on Monday.
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LIC shares hit new record low of Rs 723.70; one-fourth of market-cap wiped
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 9 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 723.70 on Thursday, which is nearly 25 per cent down from its IPO issue price of Rs 949.
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LIC shares dip 3.15 per cent; hit a new record low of Rs 751
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 751 on Tuesday, which is over 20 per cent down from its IPO issue price of Rs 949.
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LIC shares slump to record low of Rs 782.45; market cap slips below Rs 5 l
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949.
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LIC shares dip 2.5 per cent after 17 per cent decline in Q4 profit
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 31 (ANI): The share price of the state-run Life Insurance Corporation (LIC) of India slumped around 2.5 per cent on Tuesday, a day after the company announced 17.41 per cent decline in its net profit for the quarter ended March 2022.
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LIC to make stock market debut on Tuesday, shares may list below issue pri
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): Life Insurance Corporation of India will make its stock market debut on Tuesday. Shares are likely to get listed below their issue prices, grey market data indicates.
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LIC shares allotted at Rs 949 apiece; Govt mops up Rs 20,557 crore
Updated : 4 years ago IST
New Delhi [India], May 13 (ANI): Life Insurance Corporation (LIC) of India shares have been allotted to the eligible bidders of the initial public offering (IPO) at Rs 949 apiece, the upper end of the IPO price band.
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Grey market indicates LIC shares may list below its issue price
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Grey market premium of Life Insurance Corporation (LIC) shares turned negative on Wednesday indicating that the company may list on the stock exchanges below its issue price.
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