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lic portfolio: LIC ownership in India Inc falls to all-time low. Profit-booking at peak suspected

LIC s share by value in NSE-listed companies listed dropped to 3.64% as on December 31, 2023, from 3.73% as on September 30, 2023, but in value terms, the holding rose 11% to Rs 13 lakh crore, according to data from PRIME Database. In value terms, the PSU s biggest bets are RIL, ITC, TCS, HDFC Bank, Infosys, L&T, SBI, ICICI Bank, IDBI Bank, and HUL. ....

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LIC stock hits new life-time high, outshines CY23 performance in just 27 sessions

Shares of LIC reached a new lifetime high of ₹1,048 apiece, maintaining upward momentum for the fourth consecutive trading session. The company s market capitalisation reached ₹6.61 lakh crore, making it the sixth-largest listed company in India. ....

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lic share price: From 'bhootiya bangla' to record high: PM Modi on LIC stock rally

LIC, which was struggling to cross its IPO price of Rs 949 in 2022, has now breached the Rs 1,000 mark with analysts gunning for more gains ahead on expectations of growth revival in FY25. The possibility of a steep change in dividend will continue to support its share price performance. ....

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LIC's $30-billion rally gives IPO investors a chance at redemption

LIC s stock climbed 1.9% on Tuesday, to close at its highest level since its IPO in May 2022. The climb over the past 10 months has coincided with a broader surge in Indian equities thats added some $30 billion to LICs market value. ....

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