The stock gave multibagger returns of 160 per cent from its 52-week low of Rs 42.39 per share. Today, one of the Top Gainers on BSE, shares of Omaxe Ltd was locked in 10 per …
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 …
LIC shares surged by as much as 6% on Friday. (File) State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country. Shares of India’s largest life insurer surged by as much as 6% on Friday. An exchange filing Thursday showed LIC reported a …
Life Insurance Corporation of India (LIC) share price gained more than 5% to touch fresh 52-week highs in morning trades on Friday post Q3 results. The company had reported its financial performance on Thursday after the market hours. LIC share prices is on a regular rise. The positive remarks from the Prime Minister regarding the …
The Life Insurance Corporation of India (LIC)’s profit rose 49 percent to ₹9,444 crore in third quarter ended December 2023, it said in a regulatory filing on 8 February. The firm posted standalone net profit of ₹9,444 crore for the quarter ended December 31, compared to ₹6,334 crore in the year-ago period. Meanwhile, the PSU …
MUMBAI: State-owned banks were among the 25 most actively traded counters on NSE on Wednesday after Prime Minister Narendra Modi commended the performance of public sector enterprises in his speech in the Rajya Sabha. Seven PSU banks posted a combined turnover of ₹11,536.67 crore , accounting for 8.7% of the NSE’s total turnover of ₹1.33 …
The shares of Life Insurance Corporation (LIC) of India rallied 1.9 percent on the Indian stock market on Tuesday, touching record high prices for the first time since the firm launched its initial public offering (IPO) two years ago. A man walks past a hoarding of Life Insurance Corporation of India (LIC) in Mumbai.(REUTERS file) …
HDFC Bank and LIC news: Life Insurance Corporation of India Ltd (LIC) could now acquire as much as 9.99% of HDFC Bank, the private lender notified the exchanges on Thursday. The largest insurance business in India, LIC, has received approval from the Reserve Bank of India (RBI) to purchase up to a 9.99% share in …
HDFC Bank Ltd on Thursday said the Reserve Bank of India (RBI) has allowed the Life Insurance Corp. of India (LIC) to acquire up to 9.99% stake in the bank. LIC currently holds 5.19% stake in HDFC Bank, the country’s largest private sector lender. In a stock exchange filing, HDFC Bank said RBI has advised …
HDFC Bank on Thursday said in a regulatory filing that the Reserve Bank of India (RBI) has granted approval to Life Insurance Corporation (LIC) to acquire a 9.99% stake in the private sector lender. “Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that the Reserve Bank of India …