Mumbai: A particular kind of sovereign debt trade is set to receive a shot in the arm with the entry of the Life Insurance Corporation of India, signalling a new era of durable long-term government bond demand, running into trillions of rupees, from the insurance industry. The country’s largest insurer – which has a total … Read more
Shares of India’s largest insurance provider, Life Insurance Corporation (LIC), surged 3% to a day’s high of Rs 1,159.60 on the BSE after reporting a net profit of Rs 10,544 crore for the first quarter ended June 2024. The Q1 PAT advanced 9% compared to Rs 9,635 crore reported in the same quarter last year. … Read more
The domestic market reversed its earlier gains and closed in red on Thursday as the RBI’s decision to hold its current policy with a caution. In today’s trade, shares of Grasim, Info Edge, LIC, Eicher Motors, SAIL among others will be in focus due to first quarter results and various news developments. LIC Life Insurance … Read more
Life Insurance Corporation of India (LIC) will be announcing its June quarter earnings today and the country’s largest life insurer is expected to report an year-on-year jump in its annual premium equivalent (APE) by 9-33% according to estimates by a couple of brokerages. Value of its new business (VNB) is expected to go up by … Read more
The first quarter earnings season is underway and as many as 225 companies will announce their numbers on Thursday. Key results to watch out include that of LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL … Read more
Domestic markets experienced a breather on Tuesday after the recent decline, gaining over a percent, driven by strong global cues. In today’s trade, shares of LIC, RVNL, BSE, Hindalco, Tata Motors, Eicher Motors among others will be in focus due to various news developments and first quarter results. LIC, Eicher Motors, RVNL, SAIL, MRF and … Read more
Shares of Adani Energy Solutions surged nearly 10% on Thursday after the $1-billion qualified institutional placement (QIP) was oversubscribed six times, garnering a demand of over Rs 50,000 crore according to an ET report. The stock also hit a fresh 52-week high of Rs 1,250 on the NSE amid significant volume, when 1.27 crore shares … Read more
Indian Railway Finance Corporation Share Price 205.6 02:58 PM | 22 Jul 2024 -0.18(-0.09%) One97 Communications Share Price 454.6 02:58 PM | 22 Jul 2024 -4.15(-0.91%) YES Bank Share Price 25.68 02:58 PM | 22 Jul 2024 0.92(3.68%) ITC Share Price 467.15 02:58 PM | 22 Jul 2024 -7.41(-1.56%) HDFC Bank Share Price 1635.4 02:58 … Read more
The combined market valuation of eight of the top-10 most valued firms jumped Rs 2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerging as the biggest gainers. Last week, the BSE benchmark climbed 85.31 points or 0.10 per cent. The 30-share BSE Sensex hit its … Read more
Shares of Life Insurance Corp have delivered the highest returns among the top 10 companies by market capitalisation in the last one year period. The insurer, which is the only non-Sensex stock in this list, gained about 74% during the reporting period. LIC comfortably beat Reliance Industries Ltd (RIL) as the latter rallied only just … Read more
