Life Insurance Corp (LIC), India’s state-owned insurance giant, will release its unaudited financial results on August 10. The company’s shares increased by over 6% in the last six months but fell by 9% on a year-to-date basis. LIC’s average target price is Rs 822, with a consensus estimate indicating an upside of 28%
Swiggy IPO set to unlock doors of crorepati club for 500 employees
So far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. Sources told ET that