LIC is now fifth most valuable Indian company, Check list | Markets News – India TV
Life Insurance Corporation (LIC), the country's largest insurer, on Tuesday made a lacklustre debut on the stock exchanges. The listing price was below the price at which shares were allotted to LIC's policyholders, employees and retail investors. Its share listed at over 8 per cent discount on the NSE and BSE against the issue price of Rs 949. LIC share was listed at Rs 867.20 on the NSE, showing a discount of Rs 77 apiece. On the BSE, the scrip was listed at Rs 872, a discount of Rs 81. 80
Source: indiatvnews.com