LIC shares hit record high after state-run life insurance giant stages strong Q3 show
LIC reported a 49.1 per cent year-on-year jump in standalone net profit to Rs 9,444.4 crore for the October-December period.
LIC share price: Life Insurance Corporation of India (LIC) shares scaled an all-time high on Friday a day after the state-run life insurance major reported a strong set of quarterly results. The LIC stock gained by as much as Rs 68.8, or 6.2 per cent, to a record Rs 1,175 apiece on BSE, surpassing an earlier peak of Rs 1,144.5 apiece registered the previous day.
At 9:25 am, the stock was up 3.3 per cent at Rs 1,142.8 apiece on the bourse.
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