LIC share price surges 3% after Q1FY25 results; check details here

Quick Summary:

Shares of Life Insurance Corporation of India surged up to 3 per cent at Rs 1,159.

The overall annual premium equivalent (APE) jumped 21.28 per cent to Rs 11,560 crore.

LIC is progressing on its stated objective of gaining market share after having focused, during the last year, on consolidating changes in product mix, channel mix and margin improvement,” said Siddhartha Mohanty, CEO and MD, LIC.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Lic share price Sensex Lic q1fy25 results Lic Lic share price Buzzing stock Lic share price today Lic q1 lic shares Stock market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 10:16:06 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21994939

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