Bad IPO timing? Here's what LIC Chairman says on listing - Economic Times

In an interview to ET NOW, Kumar said the government may not sell LIC stake in FY23 and that the life insurer will engage with the government to protect stakeholder interest. Kumar said investors seem concerned over the value of new business (VNB) and embedde…

NEW DELHI: Was LIC IPO poorly timed? That's the question on the minds of many investors who bid on India's biggest public offer. But Chairman MR Kumar says being a contrarian investor the life i… [+2169 chars]

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