 "LIC")
LIC hits new low since listing; market cap falls below Rs 5 trillion
Shares of Life Insurance Corporation of India (LIC) were reeling under pressure, falling 2 per cent to Rs 786.05, on the BSE on Monday. The shares hit their lowest level since listing, with the market capitalistion (market-cap) of the state-owned life insurer breaching below the Rs 5-trillion-mark.
The stock was trading down for fifth straight day, sliding 6 per cent during the period. Read more
MoD approves procurement of military equipment, platforms worth Rs 76k cr
In a significant move, the defence ministry on
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