Tue, Jan 16, 2024
Stock market news, share market today: With nearly 62.58 per cent of the new business market share in FY23, Life Insurance Corporation of India (LIC), the only public sector life insurer in the country, continued to be the market leader.
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Wed, Jan 10, 2024
LIC's market share improved, LIC's premium and market share increased. Market share increased by 0.12% in December. What is the target of Goldman Sachs on LIC? Know complete details in this video....
Thu, Jan 04, 2024
Life Insurance Corporation shares rose for a second day, gaining 1% despite receiving GST demands totaling Rs 667.5 crore from three states. LIC will appeal the demands related to alleged improper Input Tax Credit claims.
Fri, Dec 22, 2023
Big relief to LIC from the government - Relaxation in minimum shareholding rule, how much benefit to LIC shareholders? How will be the future growth of LIC? Know complete details from Varun Dubey...
Life Insurance Corporation of India (LIC) stock reaches a new 52-week high after the government grants a one-time exemption to achieve the 25% minimum public shareholding (MPS) requirement within 10 years. This exemption bolsters investor confidence, driving the stock price up over 5%. Learn more about this development and its potential impact on LIC's trajectory.
As per SEBI’s MPS ruling, first implemented in 2010, all listed entities in India need to adhere to the MPS norm, which says that 25 per cent of the outstanding equity of the company must be mandatorily held by the public.
Thu, Dec 07, 2023
In trade on December 7, the stock marked a new 52-week high of Rs 788, a gain of 5.63 per cent over the previous close.
Wed, Dec 06, 2023
Founded and majority owned by the Government of India, Life Insurance Corporation of India Ltd (LIC) is the country’s leading statutory insurance and investment corporatio
Fri, Nov 24, 2023
Indian equities ended the week to November 24 on a muted note tracking global cues. Nifty at the close ended 7.3 points lower at 19,794.7. Meanwhile, Nifty Midcap 100 logged a new-high intra-day. Here are the stocks that saw traction in Friday's trade:
Wed, May 24, 2023
According to a domestic brokerage house Phillip Capital, life insurers' annual premium equivalent (APE) growth is expected to be muted in the quarter ended in March 2023.
Wed, May 17, 2023
LIC shares were listed on stock exchanges NSE and BSE on May 17, 2022. The stock, following a mega IPO of the state-run life insurance giant, debuted on the bourses at a discount of eight per cent to the issue price. Here's a quick recap.
Tue, Mar 14, 2023
LIC has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore in December 2022 and Rs 6,182.64 crore on March 5, 2023. Of the total Rs 6,183 crore, LIC has an exposure of Rs 5,390 crore to APSEZ
Mon, Feb 13, 2023
Lic's share price tumbled on Monday despite reporting a multi-fold profit in Q3 earnings for this fiscal.
Tue, Jan 24, 2023
LIC despite ceding share to private players, has retained 37 per cent market share in individual annual premium equivalent (APE) in FY22.
Sun, Dec 25, 2022
As per the proposed Bill, an applicant may apply for registration of one or more classes/sub-classes of insurance business of any category or type of insurer.
Tue, Dec 20, 2022
The shares of the state-owned insurer have cracked 22 per cent and 16 per cent from its issue price of Rs 949 per share and listing price of Rs 875 per share, respectively, on the exchanges.
Mon, Nov 14, 2022
LIC Share Price NSE: The company's total premium income rose to Rs 1,32,631.72 crore in the second quarter of the current fiscal from Rs 1,04,913.92 crore in the same period a year ago. LIC's total income increased to Rs 2.22 lakh crore in the latest September quarter compared to Rs 1.87 lakh crore in the year-ago period.
Sat, Nov 12, 2022
LIC reported a multi-fold jump in net profit to Rs 15,952 crore in the September quarter, boosted by profits from its investments.
Tue, Oct 04, 2022
LIC Share Target Price: Shares of Life Insurance Corporation (LIC) ended nearly one and half per cent higher to Rs 629.20 per share on the BSE on Tuesday.
Wed, Sep 28, 2022
Shares of Life Insurance Corporation of India (LIC) slipped to a record low on Wednesday.
Thu, Sep 22, 2022
The state-owned company’s share price has slumped around 32 per cent from its issue price of Rs 949 per share and has been trading at the lowest level since its market debut on May 17, 2022.
Mon, Sep 05, 2022
Shares of JSW Steel rose around two and half per cent in BSE intraday trade on Monday.
Tue, Jul 19, 2022
Rakesh Jhunjhunwala Stocks: Big Bull of the Indian market, Rakesh Jhunjhunwala sold as many as 30 lakh shares of a Tata Group company in the April-June quarter.
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