Business Standard

Life Insurance Corporation of India News

LIC to declare Q4 financial results and consider dividend next week_66197

The meeting will also consider payment of dividend, if any, LIC said

LIC to declare Q4 financial results and consider dividend next week_66197
Updated On : 24 May 2022 | 11:17 PM IST

LIC's listing-day show second-worst globally for big IPOs this year_64043

The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO

LIC's listing-day show second-worst globally for big IPOs this year_64043
Updated On : 18 May 2022 | 2:39 PM IST

Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life_63894

Stocks to watch today: At 7:26 am, the SGX Nifty futures were quoting 16,223 levels, signaling 30-40 point loss for the 50-packed index.

Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life_63894
Updated On : 18 May 2022 | 8:11 AM IST

LIC shares drop 8% below issue price on debut, end at Rs 873 apiece_63707

The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue price but providing small investors an opportunity to exit with nominal gains.

LIC shares drop 8% below issue price on debut, end at Rs 873 apiece_63707
Updated On : 17 May 2022 | 5:27 PM IST
Updated On : 18 May 2022 | 6:10 AM IST

LIC listing: After discounted debut, Macquarie sets Rs 1,000 as target_63524

LIC listing: The debut was below expectations, and also lower than the discounted value at which shares were offered to policyholders (Rs 60 per share) and retail investors (Rs 45 per share)

LIC listing: After discounted debut, Macquarie sets Rs 1,000 as target_63524
Updated On : 17 May 2022 | 10:23 AM IST

Down nearly 8% at closing bell, LIC adds to poor listing scorecard of PSUs_63722

Most large floats by the government have failed to create long-term wealth for investors

Down nearly 8% at closing bell, LIC adds to poor listing scorecard of PSUs_63722
Updated On : 17 May 2022 | 5:57 PM IST

Long runway for growth in the insurance sector, say analysts_63598

Insurance stocks underperformed the frontline indices on Tuesday following a faded listing of state-run giant Life Insurance Corporation.

Long runway for growth in the insurance sector, say analysts_63598
Updated On : 17 May 2022 | 1:56 PM IST

Snippet from LIC history: A minister, a son-in-law & a financial adventurer_63529

The scandal involved the finance ministry and a canny industrialist, and details were eventually brought into the limelight by Jawaharlal Nehru's crusading son-in-law

Snippet from LIC history: A minister, a son-in-law & a financial adventurer_63529
Updated On : 17 May 2022 | 10:32 AM IST

LIC lists at 8.6% discount, stock recovers partially post weak debut_63523

LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.

LIC lists at 8.6% discount, stock recovers partially post weak debut_63523
Updated On : 17 May 2022 | 10:23 AM IST