Shares of Life Insurance Corporation (LIC) of India gained nearly 3 per cent in early trade today after financial services firm Motilal Oswal initiated coverage on the insurance major. Motilal Oswal assigned a buy call to the LIC stock with a target price of Rs 830, 20 per cent higher than the previous close of Rs 692.50 on BSE.
LIC stock gained 2.78 per cent to Rs 711.75 against the previous close of Rs 692.50.
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.
Shares of Life Insurance Corporation of India (LIC), the country's biggest insurer and largest domestic financial investor, extended their fall for the eighth straight session on Thursday. The stock tumbled 2.17 per cent to settle at record closing low of Rs 721.95. It touched an all-time intraday low of Rs 720.05 on the BSE index. On NSE, LIC cracked 2.23 per cent to close at Rs 721.60. Considering today's closing figure, LIC has plunged 23.96 per cent from its issue price of Rs 949. The stock fell 14.19 per cent in eight consecutive trading days.
Shares of Life Insurance Corporation of India (LIC) have hit all-time lows repeatedly in recent days. The state-run insurer's stock plunged to a new record intraday low of Rs 751 on Tuesday, falling as much as 3.39 per cent on the BSE index. The scrip finally settled 3.15 per cent lower at Rs 752.90.
Shares of Life Insurance Corporation of India (LIC), the country's biggest insurer and largest domestic financial investor, plunged 2.86 per cent to settle at record closing low of Rs 777.40. The stock touched an all-time intraday low of Rs 775.40 on the BSE index. On NSE, LIC cracked 2.97 per cent to close at 776.50. Considering today's closing figure, LIC has plunged 18.08 per cent from its issue price of Rs 949.