LIC shares: Down 7% in 2023 so far, where is this stock headed?
LIC last week reported a near fourteen-fold surge in first-quarter profit, as it moved money to a shareholders' fund to shore up its bottom-line.
Stay updated with breaking news from Lic Valuation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
LIC last week reported a near fourteen-fold surge in first-quarter profit, as it moved money to a shareholders' fund to shore up its bottom-line.
Brand Finance India has released its annual list of top 10 most valuable Indian bands 2023. Amidst the post-pandemic situation, India's top 100 most valuable brands have seen growth. The total value of these Indian brands has been estimated at $2 trillion. Check out the valuation of Tata Group, Infosys, LIC, Reliance Industries Limited, Brand Strength Index 2023, Mahindra Group’s brand valuation, Anand Mahindra, Mahindra Auto, tech Mahindra
Party spokesperson Randeep Singh Surjewala made the allegation a day before the initial public offering of India’s biggest insurer is slated to open.
LIC shares have intrinsic value, as they embody a right to a slice of its earnings in perpetuity that aren’t subject to market fluctuations. Dividends could rise if post-listing market discipline spurs efficiency at LIC, but with such a thin slice of ownership going public, this effect will be muted
The war in Ukraine, soaring energy prices and the prospect of a return to cold war-like geopolitical rivalry have scared investors, sparking a selloff across asset classes and delays in fund-raising plans globally