LIC Stock Hits Record High; Becomes India's 5th most valued firm | Stock Market News
Zee Business Video Team | Updated: February 9, 2024 03:09 PM IST
Life Insurance Corporation of India (LIC) witnessed a remarkable surge of over 4% on February 9, following robust quarterly earnings for the period ending December 2023. The state-run insurer reported a 49% year-on-year increase in net profit to Rs 9,441 crore, with net premium income growing by 4.67% to Rs 1.17 lakh crore.