Aapki Khabar Aapka Fayda: Weak listing of LIC IPO leaves investors disappointed; What should investors do now?

The country's largest insurance company LIC has entered the stock market. The country's largest public issue LIC IPO has a weak listing in the market on May 17. LIC has disappointed investors on listing. The company's shares were listed on the BSE at Rs 867, while the issue price was Rs 949. This stock is listed on BSE with 9 percent discount and on NSE with 8 percent discount. In this sense, the stock got listed in the market by increasing by Rs 82 from its issue price. The investors have incurred a loss of 9 percent on the listing. However, policyholders got this share at a discount of Rs 60 and employees Rs 45. That is, the loss on their listing has reduced. At present, the question arises that what strategy should be made in LIC's stock after its listing in the market. Sell ​​the stock or stay in it for a long time? Watch Aapki Khabar Aapka Fayda for more details.

Updated on: May 17, 2022, 09.45 PM IST
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