Life Insurance Corporation (LIC) of India is set to hold international roadshows in Hong Kong and the UK later this month, aimed at raising awareness among global investors about LIC shares following its listing a year ago. The meetings will be spread over five days and involve interactions between the top management of the company and investors. The roadshows are aimed at highlighting the strength of LIC and urging investors to invest in the company’s shares as it has huge potential. LIC posted a consolidated net profit of Rs 13,191 crore for Q4 2022-23 compared to Rs 2,409 crore in the same quarter the previous year.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.