Explained: Why LIC shares jumped over 5% today
Explained: Why LIC shares jumped over 5% today
May 15, 2024
India TodayIndia Today Business Desk
India’s largest life insurer, LIC, has achieved a significant milestone in today's trading session by surpassing the ₹1,000 mark for the first time, reaching a new peak of ₹1,028 apiece and gaining 8.8%. LIC is now the most valuable #PSU, overtaking #SBIN. LIC's market capitalization is close to ₹6 lakh crore, reflecting market appreciation for undervaluation, underownership, and a record growth in LIC's portfolio of listed stocks. Are LIC shares a good investment at this point? Watch: https://y
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