Key Points
LIC, which was struggling to cross its IPO price of Rs 949 in 2022, has now breached the Rs 1,000 mark with analysts gunning for more gains ahead on expectations of growth revival in FY25..
The possibility of a steep change in dividend will continue to support its share price performance.IANSThe stock scaled a lifetime record peak of Rs 1,050.50 on the BSE...
After shares of the Life Insurance Corporation of India or LIC on Wednesday scaled a lifetime record peak of Rs 1,050.50 on the BSE following a 71% spike seen in the last 3 months, Prime Minister Narendra Modi said the Opposition used to spread fake stories like 'bhootiya bangla' (haunted house) about the insurance behemoth...
Congress and UPA cannot shy away from taking responsibility for destroying HAL and Air India," PM Modi said, adding that HAL is now showing record revenue generation and has become Asia's largest helicopter manufacturing factory as the government has turned it around...
Hence, its not surprising that the stock performance for PSUs surpassed the underlying profit growth for these companies," DSP Mutual Fund said.. (You can now subscribe to our ETMarkets WhatsApp channel)..
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