Business Tit-Bits News Report Shows

Business Tit-Bits: LIC IPO, A Hype and Hoax

ife Insurance Corporation’s (LIC) much-awaited initial public offering (IPO), India’s biggest-ever listing, turned into a dull affair. The insurance company’s shares were about 0.9% higher from their lacklustre debut close. LIC shares closed almost flat at ₹ 876.25 per share after ending at ₹ 875.45 on the BSE. The state-owned insurance giant LIC’s shares closed nearly 8 per cent from its allotment price of ₹ 949 on its market debut on Tuesday. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

#LICIPO #LifeInsuranceCorporation #IPO #NSE #BSE #InsuranceCompany #HWNews

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.

Related posts