Why LIC Share Price Is Falling
Ever since its listing, shares of LIC have been following one trend - going down. Find out why
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Ever since its listing, shares of LIC have been following one trend - going down. Find out why
The LIC scrip was trading 1.12 per cent up at Rs 826 apiece on BSE.
The most awaited and the biggest IPO to date, that of the insurer Life Insurance Corporation of India (LIC) is set to hit the primary market on May 4 to raise Rs 21,000 crore from investors. Here’s what at least 10 analysts on Dalal Street have to say about the IPO.
The DRHP also disclosed the LIC's embedded value at Rs 5,39,686 crore as of September 30, 2021.
Every company has risks attached with it and LIC is no different even though it enjoys the largest market share in the life insurance sector in India.