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lic stock update

lic share price: Buy, Sell or Hold: Here’s what brokerages said on LIC post 9% uptick in Q1 PAT

August 12, 2024 by Edward Johnson
lic share price: Buy, Sell or Hold: Here’s what brokerages said on LIC post 9% uptick in Q1 PAT

Following Life Insurance Corporation’s (LIC’s) June quarter earnings on Thursday, several top brokerages came out with their views on the stock of India’s largest state-run insurer. While JM Financial and Antique Stock Broking have reiterated their buy views on the counter, Investec has maintained a ‘hold’ stance. LIC reported a consolidated net profit of Rs … Read more

Categories BUSINESS Tags lic, lic brokerage view, lic q1 profit growth, lic share price, LIC shares, lic stock update Leave a comment

lic share price: LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemption

December 22, 2023 by Edward Johnson
lic share price: LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemption

LIC shares on Friday rallied 7.2% to hit a fresh 52-week high of Rs 820 on BSE after the Finance Ministry granted an extension to the PSU insurer for complying with 25% minimum public shareholding (MPS) norms till 2032. Sebi rules mandate all listed companies to maintain 25% public float but newly-listed companies are granted … Read more

Categories BUSINESS Tags finance ministry, lic, lic ofs, lic share price, lic stock price, lic stock update Leave a comment

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