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Wednesday, January 17, 2024

With 5.6L crore market capitalisation, LIC pips SBI as most valued PSU

The government divested 3.5% of LIC for Rs 21,009 crore through its IPO, making it the biggest maiden offer in India. LIC's stock has not crossed its IPO price since listing in mid-May 2022. Recent reports suggest multiple tailwinds that could help sustain LIC's stock price.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pbgNUYj

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