After Tepid Market Debut, Antsy Lic Investors Seek Aramco-style Dividend | Mint - Mint


5/17/2022 12:00:00 AM2 years 11 months ago
by Bloomberg

Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the government and the absence of major incentives for shareholders

Disappointed by a 7.8% plunge that made for the worlds second-worst trading debut among large IPOs this year, shareholders of state-run Life Insurance Corp. of India will be counting on a bumper divi… [+4863 chars]

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