More than Rs 1,000 crore of IPOs to hit Dalal Street next week

November has been the busiest month for Initial Public Offerings since May. Dharmaj Crop Guard and Uniparts India set to open for subscription next week. November has already seen eight companies raise nearly Rs.9,500 crore via initial share sales. November is the most active month for IPOs since May, in which eight companies including Life Insurance Corporation of India raised more than Rs 30,000 crore.
#DharmajCropGuard #DalalStreet #News #Business #Markets


1 weeks ago

Will LIC’s stock price recover as the insurance behemoth regains market share?

LIC’s balance sheet heft and market share have been a reflection of a slow-moving monopoly akin to a whale in the ocean. Life Insurance Corporation of India (LIC) reported a huge profit of Rs 16,635 crore for the half year ended September (H1 FY23)
#LIC #News #Business #Markets


2 weeks ago

Sensex, Nifty open flat; rupee gains 25 paise against US dollar

Sensex climbed 92.98 points to 61,888.02 in early trade. NSE Nifty advanced 44.4 points to 18,394.10 amid mixed global cues. Shares of Life Insurance Corporation of India (LIC) surged 8% as company had reported positive revenues.
#Sensex #News #Business #Markets


2 weeks ago

M-cap of five of top 10 firms declines Rs 30,737.51 cr, RIL biggest loser

Five of the top-10 valued firms together lost Rs 30,737.51 crore in market valuation last week. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. HDFC Bank, Infosys, Hindustan Unilever, HDFC and Life Insurance Corporation of India were the gainers.
#Sensex #News #Business #Markets


3 months ago

Embedded value of LIC rises to ₹5.41 lakh crore

Board approves report by Milliman Advisors on embedded value. Indian Embedded Value (IEV) of Life Insurance Corporation of India (LIC) as on March 31, 2022, has been determined at ₹5,41,492 crore compared with � 95,605 crore.
#MillimanAdvisors #Indian #Finance #Insurance


4 months ago

Embedded value of LIC rises to ₹5.41 lakh crore

Board approves report by Milliman Advisors on embedded value. Indian Embedded Value (IEV) of Life Insurance Corporation of India (LIC) as on March 31, 2022, has been determined at ₹5,41,492 crore compared with � 95,605 crore.
#MillimanAdvisors #Indian #Finance #Insurance


4 months ago