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Tag: LIC 2

What “LIC 2.,” Share Performance Bad To Worse: 5 Points
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What “LIC 2.,” Share Performance Bad To Worse: 5 Points

LIC's much-touted public offer, listing and also the company's shares performance since its tepid debut has switched from bad to worse. Existence Insurance Corporation of India's (LIC) much-touted public offer, listing and also the company's shares performance since its tepid debut has switched from bad to worse. Now Is Your 5-Point Help Guide To The Storyline: Around the BSE, LIC's stock closed at its cheapest ever of ? 800.25 per share on Friday, after dipping to the all-time intra-day low of ? 800. As the stock hit a existence-a lot of 920.00 a couple of days after listing on stock markets, it's lower over 15 percent from the issue cost of ? 949 per share. After Friday's close, LIC's market capitalisation (m-cap) was at approximately ? 5,06,158, marking a valuation lack o...