Page 2 - Lic Ipo

LIC shares face renewed selling pressure as anchor lock-in ends; fall 4.5%

Analysts said this week is likely to be a litmus test for LIC on whether the stock finds buying support from institutional investors like mutual funds at these lower valuations

Enter the dragon: Foreign investors turn positive as China shrugs off Covid

Some funds could reallocate from other EMs to China, posing fresh headwinds for India, which commands a steep valuation premium compared with other EMs

For the Modi government disinvestment hasn't been about earning money

The Modi government has earned twice as much from disinvestment as all previous governments combined have since 1991

Govt 'concerned' about dip in LIC share price; calls it temporary blip

Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920

Stocks to Watch: RIL, Bajaj Auto, HDFC, LIC, TVS Motor, IIFL Finance, HFCL

Stocks to Watch Today: Bajaj Auto to consider share buyback on June 14 after 22 years; The 30-day lock-in period for anchor investments in LIC IPO ends on June 13.

LIC slips for 8th straight day on muted growth, down 24% from issue price

LIC's inability to move up in the customer segment by significantly changing its product and distribution mix means that the insurer will continue to lose market share.

LIC, 7 other firms in focus as anchor investors' lock-in period ends

Share price comes under pressure around the time when such a deadline is over, trend shows

TMS Ep189: Laptop production, Apple Inc, LIC stocks, RBI & inflation

Why has laptop production not taken off despite PLI? What has Apple Inc got in store for you this year? How far can LIC shares slide from issue price? Can RBI rate hike tame inflation? Answers here

How much more can LIC shares fall?

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?

LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May

The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added

LIC at new low: The story of India's biggest insurer's stock since listing

From the govt's announcement of plans to divest its stake in LIC, to its debut on the exchanges, to touching a new low, here is a snapshot of this journey so far

Life Insurance Corporation: This elephant can't dance, says Emkay Global

Emkay Global Financial Services, a leading domestic brokerage has initiated coverage on the stock with a 'hold' rating with a target price of Rs 875

LIC Q4 result review: Hits, misses, and the road ahead for investors

LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank

LIC shares decline over 3% to hit record low after Q4 net slips 18%

Shares of LIC on Tuesday declined over 3 per cent after the company posted a 17 per cent decline in consolidated net profit for the fourth quarter ended in March 2022. The stock declined 3.05 per cent to settle at Rs 811.50 on the BSE. During the day, it tanked 3.23 per cent to Rs 810. At the NSE, it fell by 3.21 per cent to end at Rs 810.85. In volume terms, 2.22 lakh shares were traded at the BSE and over 43.73 lakh shares at the NSE during the day. Insurance behemoth LIC on Monday posted a 17 per cent decline in consolidated net profit to Rs 2,409 crore for the fourth quarter ended March 2022. The insurer had earned a profit of Rs 2,917 crore in the same quarter a year ago. This is the first-ever quarterly result of LIC after being listed on bourses earlier this month. The total income of the insurer during the March quarter increased to Rs 2,12,230.41 crore, from Rs 1,90,098 crore in the same period of the previous fiscal, LIC said in a regulatory filing. LIC's income from

LIC's Q4 net profit falls 18% to Rs 2,372 cr, firm declares Rs 1.5 dividend

In FY22, LIC reported a net profit of Rs 4,043.12 crore from Rs 2,900.56 crore in FY21, up 39.4 per cent on a year-on-year (YoY) basis

LIC Q4 standalone PAT declines 18%, firm declares dividend of Rs 1.5

LIC's net premium income rose 18% to Rs 1.44 trillion in Q4FY22

The LIC way or the Air India way: A tale of two suboptimal paths

One path waits for the company to go bankrupt while the other continues to subject it to government whim, writes T N Ninan

LIC's listing-day show second-worst globally for big IPOs this year

The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO

Top headlines: Weakening rupee, LIC may exit Ambuja Cements, ACC and more

Business Standard brings you top headlines on Wednesday

TMS Ep174: Divestment, shrinkflation, Sanjiv Bajaj, total fertility rate

Will divestment slow down after LIC's weak debut? How is 'shrinkflation' helping FMCG majors? What are Sanjiv Bajaj's ideas on financial sector reforms? What is the total fertility rate? Answers here