Life Insurance Corporation (LIC) has been trading below the issue price of ₹949 a share ever since it got listed on stock exchanges on May 17. It listed at ₹872 apiece on NSE. On Tuesday, the scrip settled at ₹595.50, down 0.72%over the previous close.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/lic-told-to-tweak-product-strategy-to-boost-investor-returns-profitability/articleshow/95106861.cms
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