LIC shares fell nearly 9% in early trade Tuesday, driven by investor concerns over the government's latest stake-sale plan, impacting shareholder sentiment significantly.
Government offloads 2% LIC stake at ₹382/share (11% below market) to raise ₹31,400 crore toward ₹80,000 crore disinvestment target; shares crash 9%. Signal of acute budget pressure on state-backed assets—relevant for assessing India partner and supply chain stability.
The floor price for stake sale is nearly 11% lower than LIC's closing price on Monday
Aug 04, 2026
10:40 am
What's the storyShares of Life Insurance Corporation of India (LIC) have witnessed a massive sell-off on Tuesday, with a decline of nearly 9%.
The drastic fall comes after the government announced a new stake sale in the country's largest insurer at a steep discount to its current market price.
LIC shares hit a four-month low, falling 8.9% amid government plans to sell a 6.5% stake at a discount.
LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a…
Life Insurance Corporation of India (LIC) will be in focus as the government launches its offer for sale (OFS) to divest up to a…
LIC shares witnessed a sharp 50% drop in early trade as the stock turned ex-bonus, reflecting adjustments for the recently…
Government to sell 6.5% stake in LIC at ₹382/share, aiming to raise ₹31,000 crore for disinvestment fund.
The Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors…
LIC slips to lowest in nearly 4 months on discounted stake sale
LIC shares in focus as OFS to sell up to 6.5% stake opens at 11% discount. Here’s all you need to know
Govt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty
Govt unveils offer for sale to dilute LIC stake
LIC OFS opens tomorrow as govt looks to sell up to 6.5% stake. Check details
Government to sell up to 6.5% stake in LIC, may mop up Rs 31k cr
India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
Govt to offload 6.54% in LIC, likely to get over ₹31,000 crore
Stocks to watch, August 4: LIC, Arvind, Paytm, Meesho among 8 stocks will be in focus today
