LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high

December 7, 2023

With Thursday’s jump in LIC shares, the second-largest PSU by market cap, surged another 19 per cent this week. During the day, LIC shares hit a 52-week high of Rs 800 on the NSE and Rs 799.90 BSE, breaching the Rs 5 lakh crore market cap of the state-owned insurer.

More To Explore

Will NSE be allowed to trade on NSE? Stock exchange may seek Sebi’s nod after listing

NSE may seek Sebi’s approval to allow its shares to trade on its own platform after its IPO, despite being formally listed only on BSE.

September 15, 2026

Broadening inflation, Fed prompts traders to ramp up October India rate hike bets

Traders are increasingly anticipating an October interest rate hike from the Reserve Bank of India, influenced by rising oil prices and expanding inflation. This potential

September 15, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003