Shares of Life Insurance Corporation (LIC), India’s largest insurer, surged 3% to Rs 1,159.60 on the BSE after reporting a Q1 net profit of Rs 10,544 crore for the quarter ended June 2024, a 9% increase year-on-year. Net premium income rose 16% YoY to Rs 1.14 lakh crore.
2 top stock recommendations from CA Rudramurthy
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank