LIC shares hit a four-month low, falling 8.9% amid government plans to sell a 6.5% stake at a discount.
Shares of India's Life Insurance
Corporation fell as much as 8.9% to their lowest in
nearly four monthson Tuesday, after the government saidit will
sell up to a 6.5% stake in India's largest insurer at a steep
discount to the previous close.The Indian government said on Monday it would initially sell
LIC shares crash 9% after Centre's 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
India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
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
LIC shares fell nearly 9% in early trade Tuesday, driven by investor concerns over the government's latest stake-sale plan,…
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 fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a…
Government to sell 6.5% stake in LIC at ₹382/share, aiming to raise ₹31,000 crore for disinvestment fund.
The government plans to sell a stake of about 2% in the state-run insurer in late June or early July to institutional investors,…
Indian government plans to raise up to $3.3 billion by selling its stake in the country's top life insurance company.
