Browsing Tag
LIC shares
M-cap of nine of top-10 firms jumps over Rs 2.98 lakh cr; RIL, TCS lead winners
New Delhi: Nine of the 10 most valued firms added Rs 2.98 lakh crore to their market valuation last week amid a bullish trend in equities, with and emerging as lead gainers. Last week, the 30-share BSE benchmark jumped 2,311.45 points or…
LIC shares dive 27% from issue price; Motilal Oswal initiates coverage with buy, sees 20% potential…
LIC share price rose around 2 per cent on Tuesday, a day after the stock was categorised as largecap, according to the Association of Mutual Funds in India’s (AMFI) latest stock categorisation. The stock was quoting at Rs 707, up 2 per cent…
Market Crash: Top 10 firms lose Rs 3.91 lakh cr in m-cap; TCS, RIL biggest laggards
The market valuation of the top-10 most valued firms plunged by a whopping Rs 3.91 lakh crore last week, in tandem with a steep sell-off in equities, with and and taking the biggest hit. Past week, the BSE Sensex plunged 2,943.02 points…
A $17 billion loss puts LIC IPO among top Asia wealth losers
An eye-popping $17 billion wipeout in market value has made Life Insurance Corp of India one of the biggest wealth destroyers among Asia’s initial public offerings this year.
Having plunged 29% since its May 17 debut, India’s biggest ever…
Market movers: LIC falls for 9th day ahead of its anchor lock-in ending date
NEW DELHI: Life Insurance Corporation () of India on Friday fell for the ninth session on Friday as investors continued to dump their holdings in the company. The pressure was also higher as anchor lock-in for the stock will end on Monday.…
LIC stock wipes off wealth equivalent to Tata Motors’ market cap
New Delhi: Recently-listed (LIC) shares continued its downtrend on Thursday as the insurance behemoth hit its new lows. The scrip dropped another 2 per cent on Thursday, slipping to Rs 723.7, before making a partial recovery. Shares of…
The elephant that can’t dance! Emkay initiates coverage on LIC with 12-month target below IPO price
NEW DELHI: It is fair to say that the Life Insurance Corporation (LIC) of India has disappointed its investors in the first two weeks since its listing. For most of the days since it got listed on May 17, the stock price has settled in the…
The week that was: Welspun Corp, LIC among 10 names that were under spotlight
Bulls were back on Dalal Street as domestic equity markets snapped the five-week losing streak on Friday, thanks to buying across sectors, pushing the indices to register gains on a weekly basis.
Benchmark indices- BSE Sensex and Nifty50…
How LIC’s IPO, India’s biggest, ended in a downbeat debut
NEW DELHI -Shares in Life Insurance Corp of India () dropped 7.8% on their market debut on Tuesday after India's biggest initial public offering (IPO) was dogged for weeks by worries about an ailing global economy.
The government raised…