LIC crosses listing price for first time as stock jumps 5% to 52-week high

LIC shares were listed on May 17, 2022, at a discount of 8.6% to the upper price band of Rs 949 per equity share. The stock was trading amid significant volumes with over 48.64 lakh shares changing hands on the NSE around 11:20 am. Extending Monday’s gains, the stock has shot up 8% in two sessions.

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