LIC Becomes Fifth Most Valuable Firm As Stocks Soar
On the NSE, it jumped 6.46 percent to Rs 1,112 a share. The companys market valuation went up by Rs 38,740.62 crore to Rs 6,99,702.87 crore.
Source: india.com
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LIC share price 20% down from IPO price, investors lose Rs 1.23 lakh crore. Should you buy?
Life Insurance Corporation (LIC) shares have been tumbling since their market debut on May 17. Investors who had put their money in the initial public offerings of LIC are experiencing a heavy depreciation in their portfolio as the scrip is down more than 20 per cent from the issue price of Rs 949.
Source: indiatvnews.com
LIC shares extend fall for third straight session; should you buy the dip?
LIC made its debut on bourses on May 17. The scrip got listed at nearly a 7% discount at Rs 886.20 on the BSE against the issue price of Rs 949.
Source: businesstoday.in