LIC Q2 results PAT rises multi fold to 15952 cr rs net premium income up 27 percent ipo investor in loss detail here – Business News India
read on appIn the September quarter of the current financial year, the net profit of the state-run Life Insurance Corporation of India (LIC) has increased manifold to Rs 15,952
crore. Earlier, the insurance company had made a net profit of Rs 1,434 crore in the same quarter of the previous financial year. Earning from premium: LIC said its total premium
income rose to Rs 1,32,631.72 crore during the quarter as against Rs 1,04,913.92 crore in the same quarter a year ago. LIC's total income rose to Rs 22,29,488.5 crore during the
quarter as against Rs 18,72,043.6 crore in the year-ago period. Listing was done on 17th May: Let us tell you that LIC was listed in the stock exchanges on May 17. Since then the
company's stock has not been able to even reach the level of Rs 949 at the issue price of its IPO. The company's shares were listed on the National Stock Exchange at a price of Rs
872. Read this-This company is giving one extra share on one hand, record date fixed, chance for you!
LIC's share has gone up to a low of Rs 588. LIC's stock was at Rs
628 on the last trading day of the week. The stock is seeing a rise of up to 1.17% as compared to a day earlier.