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Life Insurance Corporation of India (LIC) hit an all-time high of Rs 948, ralling 5 per cent on the BSE in Saturday’s intraday trade, in an otherwise range bound market, amid heavy volumes. The stock of the state-owned insurer surpassed its previous high of Rs 920, which it touched on its listing day on May 17, 2022.
In comparison, the S&P BSE Sensex was trading flat at 71,699 at 01:41 PM. The average trading volumes on the counter more than doubled with a combined 6.6 million equity shares changing hands on the NSE and BSE.
In the past one month,
First Published: Jan 20 2024 | 2:28 PM IST
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