LIC rakes in record $4.7 billion from share sales amid market surge in Q3
Amount from share sales at ₹39,163 crore, 31% higher than a year earlier
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Amount from share sales at ₹39,163 crore, 31% higher than a year earlier
Group premium for December stood at Rs 17,812.46 crore against Rs 6,407.37 crore the previous year
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The Life Insurance Corporation of India (LIC) holds a significant position as the oldest and largest insurance company in India. Watch this Visual Story to see the 200-year journey of how European-origin Oriental Life Insurance became Life Insurance Corporation of India.
LIC share price jumped more than 2% on Thursday to hit an intraday high of Rs 615 on NSE. The rise comes after the insurer posted over five-fold jump in Q4FY23 profit. Watch this Visual Story to see what stock market analysts say about LIC. Also, check LIC share price target, and more.