Jun 20, 2022 12:35 PM ISTLIC's shares fell to their fresh 52-week low on the NSE on June 20 as the investment banker’s research wing initiated coverage on the stock with an 'outperform' rating
Jun 10, 2022 01:14 PM IST LIC shares have fallen 25 percent from the issue price of Rs 949 per share after listing on May 17. The stock has seen an average decline of around 1.3 percent per session in 19 trading sessions. If the anchor investors, a majority of whom are MFs, cut losses, there will be a further slide.
Jun 10, 2022 10:39 AM IST The lock-in period for anchor investors is to end on June 13, which will allow such investors to sell their existing shares in the market
May 17, 2022 12:42 PM IST Experts believe that personal savings and awareness regarding insurance will increase, enabling the sector to outperform in the long run and will indirectly benefit LIC
May 16, 2022 05:09 PM IST Given stock market volatility, LIC's debut may be muted, but experts advise investors not to panic and hold on to the stock from a medium- to long-term perspective.
May 16, 2022 06:53 AM IST Considering the prevailing market scenario, experts expect a soft listing between +/- 5 percent to the offer price but they advise investors to look at the stock for long term only.
May 09, 2022 03:45 PM IST LIC being a massive company with a considerable market share will continue to be attractive in the listed space, even though the insurance industry is becoming competitive with an increasing number of listed players
May 04, 2022 03:11 PM IST Mutual funds, global investment firms, National Pension Schemes, and other insurance companies made a beeline to subscribe to LIC IPO’s anchor book. But investors were chosen with care
May 04, 2022 12:37 PM IST The reception of the IPO by foreign investors has been muted so far. The anchor portion of the IPO saw only 18.08 percent of the more than 59 million shares on offer
May 03, 2022 07:17 AM IST Key business strategy of LIC is to capitalize on the growth opportunities in the Indian life insurance sector wherein the total premium for life insurers is forecasted to grow at 14-15 percent CAGR over the next five years.
May 02, 2022 12:02 PM IST Analysts have also largely recommended investors to subscribe to the public issue.
May 02, 2022 10:46 AM IST LIC's IPO is priced at a significant discount to private peers. Why so?
Apr 29, 2022 12:12 PM IST LIC deserves to be valued cheaply than professionally-managed, well-regulated, and transparent insurers -- just like public sector enterprises, including banks
Apr 28, 2022 04:24 PM IST Its internal assessment in 2013 put a value of Rs 70,000 crore on its real estate and art holdings. Imagine how much Rs 70,000 crore would have appreciated in 2022
Apr 27, 2022 08:39 PM IST Abu Dhabi Investment Authority is also among those in discussions to participate in Life Insurance Corporation of India’s first-time share sale
Apr 27, 2022 01:20 PM IST Tuhin Kanta Pandey also said they expect strong retail participation in the issue.
Apr 26, 2022 06:33 PM IST The discount will be Rs 40 for retail and employees, sources privy to the development told CNBC TV18
Apr 25, 2022 09:15 PM IST Sebi has given its nod to the updated DRHP that lists a 3.5 percent stake sale, as against 5 percent as mentioned in the previous draft papers.
Apr 24, 2022 02:59 PM IST The government is targeting to raise Rs 21,000 crore by selling a 3.5 percent stake, or around 22 crore shares, in the Life Insurance Corporation of India
Apr 23, 2022 08:36 PM IST The government, which wholly owns the insurance sector behemoth, is seeking to raise Rs 21,000 crore at a valuation of Rs 6 trillion.
Mar 14, 2022 12:02 PM IST LIC’s net profit does not capture its true earning potential, to improve as profit-sharing gets fully aligned in favour of shareholders by FY25
Mar 13, 2022 01:44 PM IST The government's sale of five per cent stake in Life Insurance Corporation (LIC), was originally planned to be launched in March, but the Russia-Ukraine crisis has derailed the plans as stock markets are highly volatile.
Feb 21, 2022 09:45 PM IST Holding 17 percent of the over Rs 80.7 lakh crore dated government securities, maturing by 2061, the Reserve Bank is the second-largest holder of government debt, while led by public sector banks, commercial banks collectively own around 40 percent. Other insurers cumulatively own only 5 percent.
Feb 18, 2022 03:00 PM IST Optimist projections of LIC’s bumper listing aside, stock market volatility coupled with international adverse developments could rain on the government’s parade
Feb 14, 2022 09:54 AM IST LIC’s DRHP highlights many hits, but there are a few misses that should not be overlooked by investors
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