Key Points
The shares of LIC had hit a 52-week low of 530.05 in March this year..
Currently, the LIC shares are rallying by five per cent of 786.85..
The LIC had opened its IPO last year for subscriptions on May 4 at a price band of 902 to 949 a piece(REUTERS) What experts say on LIC share price surge?..
After hitting 840 level in per share basis, it is expected that the share price will rise to 940 to 950 If it opens above 750 one can buy LIC shares holding stop loss at 725 per share for the above said targets, he added..
Ravi Singh, market expert, said,"Since it gave breakout at 698 per share, LIC shares have been on an uptrend..
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