LIC shares surged 6% over two sessions after announcing a 1:1 bonus issue, with May 29 set as the record date for shareholder eligibility.
The company has fixed May 29 as the record date for the bonus issue
May 25, 2026
02:13 pm
What's the storyLife Insurance Corporation of India (LIC) shares have witnessed a significant surge, rising as much as 4% to hit an intraday high of ₹813 on the BSE today.
The upward momentum comes after the state-owned insurer announced a 1:1 bonus issue along with its Q4 results last week. The company has fixed May 29 as the record date for the bonus issue.
LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
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