The first-year premium for the reporting quarter came at Rs 7,429 crore as against Rs 5,088 crore in the year-ago period, it said in an exchange filing after its board meeting.
Dalal Street's debutant LIC has been on a negative slope even in rate hike scenarios. So, is there any more downside to the stock after a 21% fall from its issue price? Or will it stage bounce back?