LIC STOCK RALLY

LIC share price jumps 8%. Will PSU issue bonus shares next week?

LIC Bonus Share: Shares of Life Insurance Corporation of India surged over 8% after the PSU giant said its board will meet on April 13 to consider its first-ever bonus issue. The rally comes amid broader market optimism, with the Sensex and Nifty 50 jumping after the Strait of Hormuz reopening announcement.

Stocks in news: Chennai Petroleum, LIC, Brigade Enterprises, Sadbhav Engineering, DCX Systems, Aequs, Fino Payments Bank

Indian stock markets extended their rally for a second straight session, with banking, auto, and consumer stocks driving gains. Several companies, including Chennai Petroleum, LIC, and Brigade Enterprises, are in focus today due to significant corporate developments and announcements.

NSE IPO optimism lifts IFCI shares by 11%. What's the connection?

IFCI shares surged over 11% after the National Stock Exchange (NSE) appointed 20 merchant bankers and eight law firms for its upcoming IPO. IFCI holds an indirect stake in NSE through its subsidiary, Stock Holding Corporation of India, which could be a selling shareholder in the offer-for-sale.

F&O stocks in focus as war adds to uncertainty

Geopolitical tensions are expected to keep equities under pressure, with sharp moves anticipated in derivative stocks. The article highlights top bullish picks like KEI Industries and Lupin, alongside bearish outlooks for LIC Housing Finance and United Spirits, as traders navigate market volatility.

Mcap of 8 of top 10 valued firms surges by whopping Rs 4.55 lakh cr; Reliance biggest winner

The combined market valuation of eight of the top 10 valued firms jumped by a whopping Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities.

LIC books profit in Hindustan Copper, cuts 2% stake in four months as stock rallies 76% in 2025

LIC has cut its stake in Hindustan Copper by 2% through open-market sales between August and December, reducing its holding to about 4.1%.

Zomato, LIC among 6 largecap stocks that hit new 52-week highs on Friday

LIC stock surges 6%, crosses listing price

While the existing bullish momentum in PSU shares is helping LIC move up further, analysts said the company's product launches have rekindled investor interest.

LIC shares jump 9% to cross Rs 1,000-mark for first time

shares of Life Insurance Corporation of India (LIC) have jumped over 10% in the last week and 66% in the last 3 months. With its market capitalisation well above the Rs 6 lakh crore mark, the stock is India's most valued PSU by beating SBI. The latest round of buying the heavyweight counter comes after brokerages upgraded the counter with buy calls.

LIC beats SBI to earn India's most-valued PSU crown

LIC surpasses SBI in market cap to become India's most-valued PSU stock after a solid stock rally. LIC's market value crosses Rs 5.75 lakh crore, while SBI's is around Rs 5.65 lakh crore. The finance ministry exempted LIC from the 25% minimum public shareholding (MPS) norms till 2032, reducing the possibility of an offer for sale. Brokerages upgraded LIC with buy calls, citing attractive valuation, growth revival in FY25, and potential increase in dividend.

LIC crosses listing price for first time as stock jumps 5% to 52-week high

LIC shares were listed on May 17, 2022, at a discount of 8.6% to the upper price band of Rs 949 per equity share. The stock was trading amid significant volumes with over 48.64 lakh shares changing hands on the NSE around 11:20 am. Extending Monday's gains, the stock has shot up 8% in two sessions.

LIC sold 3.73 crore shares of these 3 Adani stocks in Q3

LIC, a major investor in the Adani Group, booked profits by reducing stakes in Adani Energy Solutions, Adani Enterprises, and Adani Ports during the December quarter. They sold 3,72,78466 shares of the three Adani companies and bought 4,500 shares of Ambuja Cements.

Year-ender 2023: LIC rakes in Rs 2.3 lakh crore profit amid D-St's bull run! Here are the big movers

The bumper gains registered by domestic equities in 2023 saw India’s biggest bull Life Insurance Corporation of India rake in a massive profit of Rs 2.28 lakh crore in its portfolio.

LIC's Rs 10 lakh crore-portfolio: 273 stocks, 11 stars, but only 1 superstar!

Life Insurance Corporation of India (LIC) has 273 listed stocks in its portfolio worth INR 10tn ($133bn). Its largest holding is Reliance Industries, but its biggest returns so far this year have come from tobacco and consumer goods company ITC, which has risen by almost 30%. Tech consultancy TCS is LIC’s third largest holding, followed by State Bank of India and ICICI Bank. Among the largest holdings that have given double-digit returns are L&T, ONGC, Tata Motors and Dr Reddy's Lab. LIC has reduced its stake in ITC but the company's valuation there has risen above INR 80,000 crore.

At Rs 15,000 cr, LIC touches 80% of FY20 equity gains in H1 itself

LIC has invested about Rs 50,000 crore in the last six months in Indian equities, the official said.

Top stocks in which LIC made a cool Rs 10,000 crore profit since April 1

Data available with Ace Mutual Fund showed 96 per cent of LIC’s top stocks have delivered positive returns so far in FY21, with Alok Industries rallying the most at 729 per cent to Rs 32.50 as of August 21 from Rs 3.92 on March 31.

LIC's contrarian bets help it outperform Sensex, BSE 100

LIC's top 100 stocks have given annualised returns of 9 per cent since September 2014.

LIC rakes in Rs 22,000 crore profit from share sales, but new investments drop on inflated valuation

Since start of this fiscal year, the insurer has sold shares worth Rs 49,000 crore and invested Rs 40,000 crore, an LIC executive said.

LIC hits jackpot on the back of rally in state-run companies

The institution has been the most dependable automated teller machine for govt in the past couple of years, buying record number of bonds & stocks of companies sold by the state.