Life Insurance Corporation of India (LIC) jumped 2 per cent on February 19 afternoon on the National Stock Exchange after the insurance firm got a refund of Rs 21,740.77 crore from the Income Tax Department on February 15, 2024. The refund is for assessment years 2012-13, 2013-14, 2014-15, 2016-17, 2017-18, 2018-19 and 2019-20. The total …
Life Insurance Corporation of India (LIC) will be announcing its December quarter results today. The life insurer’s board would also consider paying interim dividend for FY24. Emkay Global expects LIC to report a 12.2 per cent year-on-year (YoY) rise in profit at Rs 7,108.70 crore for the December quarter compared with Rs 6,334.20 crore in …
Indian markets retained their positive trajectory, closing the last week in the green, marking the fourth straight weekly gain. Despite this upward move, markets exhibited a confined trading range with an optimistic undertone. Analysts attribute this trend to the prevalence of profit booking, driven by a notable shift in investor attention towards the primary market, …