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 on NSE. LIC share price has tumbled 27% from issue price of […]
India’s largest insurer Life Insurance Corporation (LIC) is set to debut on the exchanges on Tuesday. The insurer’s offering, at Rs 21,000 crore, is the country’s largest even after the issue size was cut. Despite the sharp selling in the markets and volatility across global markets the issue has been subscribed almost three (2.95) times. […]