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.
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
The LIC share price on BSE was Rs 678, down by 4.47 per cent or 31.70 points. On the NSE, the LIC share price was Rs 678, 4.47 per cent or 31.70 points.