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LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after the insurer announced a 1:1 bonus issue alongside its Q4 results last week. LIC has fixed May 29 as the record date to determine shareholder eligibility for the bonus share allotment.
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economictimes.indiatimes.com
LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after the insurer announced a 1:1…
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newsbytesapp.com
LIC stock surges as 1:1 bonus issue record date nears
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.
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m.economictimes.com
LIC 1:1 bonus bonanza: Is today the last day to buy shares for free rewards?
LIC has set May 29 as the record date for its maiden 1:1 bonus issue, making May 27 the last day for investors to buy shares for eligibility. This corporate action will see the…
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LIC 1:1 bonus share explained: What 21 lakh shareholders need to know before buying on record date
LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with one free share for each held. This move, capitalizing reserves, aims to…
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thehindubusinessline.com
LIC 1:1 bonus issue in focus, shares gain
LIC's shares rise nearly 2% after announcing a first-ever 1:1 bonus issue, boosting investor sentiment and liquidity.
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India said to prepare Rs 10,000 crore LIC stake sale next month
India is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as Rs 10,000 crore. The government intends…
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LIC shares drop 4% on Rs 10,000 crore govt stake sale buzz
LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sale worth up to Rs 10,000 crore.…
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Govt plans up to 2% LIC stake sale, may raise Rs 10,000 crore
The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding amid improving profitability. The stake…