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LIC logs record Rs 37,000 cr profit from stock sale

LIC logs record Rs 37,000 cr profit from stock sale
LIC s FY21 profit is a 44.4% leap against its Rs 25,625 crore profit from share sales in fiscal 2020. During the fiscal, the insurer bought stocks worth Rs 94,000 crore, also its highest ever
BusinessToday.In | April 30, 2021 | Updated 11:44 IST
The latest profit is the highest in LIC s 65-year history, as the stock market logged record highs
State-run Life Insurance Corporation of India (LIC) booked a record Rs 37,000 crore profit from several share sales in 2020-21.
The latest profit is the highest in the insurer s 65-year history, as the stock market logged record highs. LIC s FY21 profit is a 44.4% leap against its Rs 25,625 crore profit from share sales in fiscal 2020. ....

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LIC IPO: Here's all you need to know about launch date, targets and other details

LIC IPO: Here's all you need to know about launch date, targets and other details - In her speech during the budget, Finance Minister Nirmala Sitharaman suggested that the LIC IPO would be launched in the financial year 2021-2022. ....

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