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LIC shares likely to rise 22% post Q1 earnings, check new target price

LIC stock gained 3.56 per cent to Rs 706.50 against the previous close of Rs 682.15 on BSE. Motilal Oswal has assigned a target price of Rs 830, a 22 per cent upside to Friday's close of Rs 682.

At Rs 1 20 lakh crore loss, LIC second top wealth destroyer in Asia this year

Life Insurance Corporation of India (LIC) has emerged as one of the biggest wealth destroyers among Asia s initial public offerings in 2022. LIC IPO, which was India s biggest ever IPO after Paytm (2021) and Coal India (2010), is now at the second spot in terms of loss in market cap since listing. I

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