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Insurance behemoth Life Insurance Corporation on Wednesday said the exercise of determining its embedded value as of March 2022 is on' and is likely to be completed by July 15.
Get latest articles and stories on Latest News at LatestLY. Insurance behemoth Life Insurance Corporation on Wednesday said the exercise of determining its embedded value as of March 2022 is on and is likely to be completed by July 15. Latest News | Determining of Embedded Value Likely to Be Completed by July 15: LIC.
Shares of Life Insurance Corporation (LIC) fell to a record low amid bearish market sentiment today. LIC stock declined 1.76 per cent intraday to Rs 709.20 against the previous close of Rs 721.95 on BSE.
The market capitalisation of the public sector insurer fell to Rs 4.49 lakh crore today against a market cap of Rs 6,00,242 crore, going by the upper price band of India's largest initial public offer. The fall in the stock comes a few days ahead of the end of the lock-in period for anchor investors in the country's largest initial public offering (IPO).