LIC down 20% from IPO price. Is there more pain ahead? - Economic Times

LIC shares have been marred by volatility since they debuted on the exchanges. The slowdown in earnings reported by the insurer last month did not help. Many analysts are sceptical about LIC's ability to transform itself in the modern world as the management …

Shares of Life Insurance Corporation () have been on a downward trend since their debut on Dalal Street last month. Currently, the stock is down over 20 per cent as against its issue price of Rs 949.… [+3646 chars]

full article...