LIC is making comeback

Stock is up from 590 to 740. Is dis stock candidate to cross 1000+ in 2023?

any technical or fundamental trggrs?

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What else is there?


Why stop there?

Beyond it’s IPO base is uncharted territory.

In the past one month, the stock price of LIC has surged 20 per cent, as against 1 per cent decline in the benchmark index. According to media reports, the government aims to appoint a private sector professional as the first chief executive of LIC. Government plans to modernise the largest insurer after a disappointing stock market debut, the report added.

According to Business Standard report, the finance ministry has proposed a host of amendments to the insurance laws - from granting insurers a composite licence to allowing them to sell different financial products.