Lic Loses ₹77,600 Cr M-cap In Four Trading Sessions From Ipo Issue Price | Mint - Mint

LIC not only lost its fifth most valued company position but also, its market cap was wiped out to the tune of more than ₹77,600 crore against the IPO issue price.

The largest insurer LIC struggled to keep a steady pace since its market debut. Although on Friday, broadly markets turned bullish, this was not the case with Life Insurance Corporation of India (LIC… [+3672 chars]

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