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LIC STOCK UPDATE
Ahead of Market: 10 things that will decide stock market action on WednesdayDomestic equity benchmarks ended lower on Tuesday, snapping a three-session rally amid profit booking in financial, realty and consumer sto...- Trent set to announce its first-ever bonus issue today: What Zudio-parent's 5 lakh shareholders should knowTrent (Zudio parent) is set to consider its first-ever bonus issue today, making it a key trigger for its nearly 5 lakh shareholders.
- LIC likely to announce its first-ever bonus issue tomorrow: Check key things to knowLife Insurance Corporation of India is expected to announce its first-ever bonus share issue after its April 13 board meeting. The move may...
- RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
- CA warns: Ignoring old investments could be the 'most expensive financial mistake'. How to build 'financial control'?CA Nitin Kaushik has warned that the biggest financial mistake people make is not reviewing their past decisions. He said many investors fo...
- LIC shares jump 9%. Here are 2 reasons behind the surgeThe total amount of refund was Rs 25,464.46 crore. However, the Income Tax department released Rs 21,740.77 crore in February. In Q3 FY24, ...
- LIC shares rally 6% on upgrades, increased target prices on solid Q3. Should you chase the momentum?Global broking firm JPMorgan upgraded LIC to overweight from neutral and raised the target price to Rs 1,340 from Rs 690 earlier. Stating t...
- LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemptionLIC IPO investors are still sitting at a loss as the stock is trading 13.6% below its issue price of Rs 949. However, in the last few weeks...
- LIC granted 10 years to comply with 25% public shareholding normsIn a stock exchange filing, the insurance giant said the Department of Economic Affairs, Ministry of Finance, in a memorandum dated Decembe...
- LIC gets time till 2032 to follow 25% public shareholding ruleIn May 2022, the government had sold 3.5% stake in LIC IPO, which was an entirely (offer for sale) worth around Rs 21,000 crore. It remains...
- LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week highWith Thursday's jump in LIC shares, the second-largest PSU by market cap, surged another 19 per cent this week. During the day, LIC shares ...
- LIC shares jump 6% after state insurer posts 14-fold jump in net profitLIC on Thursday reported that its standalone net profit for the quarter ended June 2023 rose multifold to Rs 9,544 crore. The same stood at...
- Sat Pal Bhanoo appointed Managing Director of LICBhanoo is currently serving as the Additional Zonal Manager of LIC in Bhopal.
- LIC Q4 Results: PAT grows multifold to Rs 13,428 crore; net premium income falls 8% YoYThe profit grew 466% from Rs 2,371 crore in the same quarter of last year.
- LIC has no plans to reduce exposure on Adani cos as of now: MDLIC had earlier said its total; exposure to Adani Group companies is 0.975% of its total assets under management (AUM) at book value. LIC's...
- LIC share price slides below Rs 800; m-cap less than Rs 5 lakh croreShares of LIC got listed on May 17, and since then there have been just four sessions when the stock has closed with gains, data shows. For...
- LIC slides 3% as it reports 17% YoY fall in Q4 profitLIC’s share price fell to a low of Rs 810 as against Rs 837.05 at the previous close on the BSE. The stock was last trading 2.3 per cent lo...
- LIC PAN link deadline: Last date for policyholders to update PAN to apply for IPOLast date for a policyholder to update his or her PAN was before February 28, 2022. Individuals who update their PAN after the deadline wil...
- LIC policyholders need to update PAN details by Feb 28 to participate in IPOThe initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March and employe...
- LIC IPO: 2 things policy holders must have to applyIRDAI has approved LIC India's request to be allowed to go for an IPO of shares. Policyholders may be offered a discount on the price of sh...
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