New Market Tension For LIC Shareholders

The decline that started after the listing in the shares of Life Insurance Corporation of India (LIC), which has offered the biggest IPO in the country’s history, continues unabated. The company’s shares reached a new all-time low on the first day of the week. It is worth noting that the upper price band of LIC’s stock was Rs 949, due to which they have broken a lot.

On Monday, when the market opened, the company’s shares were at a level of Rs 800.25 on the NSE, which reached Rs 786.10 shortly after. Along with this, in the past, where the company was snatched from the company of being the sixth most valuable company in the country, ICICI had snatched it. So at the same time, due to the continuous fall in the shares of LIC, the market cap of the company has further reduced to below Rs 5 lakh crore.

    1 thought on “New Market Tension For LIC Shareholders”

    1. Retail investors r crying over the heavy loss they met with LICwhich wii create fear in their mind for future IPOs especially Govt s.Lost father in future OFS also

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