LIC shares witnessed a sharp 50% drop in early trade as the stock turned ex-bonus, reflecting adjustments for the recently announced 1:1 bonus share issue.
The decline was due to the company's stock turning ex-bonus for its 1:1 bonus share issue
May 29, 2026
10:30 am
What's the storyLife Insurance Corporation of India (LIC) witnessed a massive drop in its share price, falling by nearly 50% in early trade on Friday.
The decline was primarily due to the company's stock turning ex-bonus for its 1:1 bonus share issue.
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