LIC has announced its first-ever 1:1 bonus issue, signalling strong financial health and rewarding shareholders. The move will increase liquidity without impacting market capitalisation. Backed by robust Q3 earnings growth, the insurer continues to deliver steady performance, though its stock shows mixed trends in the short and medium term.
2 mainboard IPOs set to hit D-Street after a month of lull
India’s IPO market is set to revive with two mainboard issues, CMR Green Technologies and Hexagon Nutrition, opening this week after a lull. Together aiming