However, apart from these well-known blue chips, LIC has also invested in some lesser-known stocks that have yielded handsome returns. Select 10 stocks in LIC's portfolio have given multibagger returns in the last 12 months.
To enhance the selection process, only stocks that have seen a price increase of over 25% from the start of December until now were taken into account, resulting in a thoughtfully curated list of eight stocks.
HUDCO: The state government intends for overall development of Gujarat by implementing various housing and infrastructure projects, according to a regulatory filing.
Under the OFS, the government will offload seven crore equity shares, representing about 3.5% of equity with an oversubscription option of another 3.5%. Based on the base offer and oversubscription option, the government plans on selling up to 14.01 crore shares.
Discover the importance of the Relative Strength Index (RSI) in assessing stock movements as we explore 8 stocks trading in the overbought zone with declining RSI trends. ETMarkets investigates the significance of RSI and its implications for potential investors.