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LIC is now fifth most valuable Indian company, Check list | Markets News – India TV

Life Insurance Corporation (LIC), the country s largest insurer, on Tuesday made a lacklustre debut on the stock exchanges. The listing price was below the price at which shares were allotted to LIC s policyholders, employees and retail investors. Its share listed at over 8 per cent discount on the NSE and BSE against the issue price of Rs 949. LIC share was listed at Rs 867.20 on the NSE, showing a discount of Rs 77 apiece. On the BSE, the scrip was listed at Rs 872, a discount of Rs 81. 80

LIC shares to list today: What should investors do?

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