Latest business news
Dr. Reddy’s Laboratories share price jumped over 4% on Thursday amid string buying momentum. Dr. Reddy’s shares rallied as much as 4.09% to ₹1,303.45 apiece on the BSE. Life Insurance Corporation of India (LIC), the state-run insurance giant, has increased its stake in Dr. Reddy’s Laboratories. A stock exchange filing showed that LIC bought 1.67…
Multibagger defence stock: Apollo Microsystems share price rose nearly 2 per cent to ₹198.39 apiece on Tuesday after hitting an intraday low from ₹194.63. The multibagger defence stock witnessed surge on June 3 after the company announced that the board has approved the allotment of 2.70 crore equity shares on a preferential basis. Apollo Microsystems…
Despite a generally weak performance in the equity market, the combined market capitalisation of four out of the ten most valuable companies rose by ₹1,01,369.5 crore last week, with Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index slipped by 270.07 points or 0.33% over the week. Among the top 10…
Stock Market Today: LIC share price rises almost 8% in the morning trades on Wednesday post Q4 results, dividend announcement that were made after the market hours on Tuesday: Should you Buy or Sell the stock? LIC Q4 Results details Life Insurance Corporation of India announced the results of its January–March quarter on Tuesday, May…
Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC, SAIL, Cummins India Shares of IRCTC, Steel Authority of India, and Cummins India will remain in focus today as companies will be declaring Q4 results today. LIC Life Insurance Corporation (LIC) posted a 38% year-on-year increase in its consolidated net…
LIC Q4 Results: Life Insurance Corporation of India (LIC) announced its January-March quarter results on Tuesday, 27 May 2025. The company recorded a 38 per cent rise in net profit at ₹19,013 crore for the fourth quarter of the financial year 2024-25, compared to ₹13,763 crore in the same quarter a year ago. However, India’s…
Shares of Nestle India gained over 2 percent in intra-day trade on Monday, May 26, following an announcement from Life Insurance Corporation of India (LIC) regarding an increase in its stake in the packaged foods major. The stake hike, which pushed LIC’s shareholding above the regulatory threshold of 5 percent, sparked renewed investor interest in…
New Delhi [India], May 25 (ANI): Government-owned insurer Life Insurance Corporation of India (LIC) has earned a Guinness World Records title for selling the most life insurance policies in 24 hours. This historic achievement, verified by Guinness World Records, recognises the extraordinary performance of the corporation’s dedicated agency network on January 20, 2025. The state-owned…
Life Insurance Corporation (LIC) of India has hiked it’s stake in Baba Ramdev-backed Patanjali Foods Ltd to over nine per cent after acquiring fresh shares on Friday, May 23. According to a regulatory filing by Patanjali Foods to the stock exchanges today, LIC bought shares worth an additional two per cent in the company. Before…
LIC Housing Finance Ltd. reported an uptick in both total income and net profit in the fourth quarter of the financial year 2025. The net profit of the company rose 25% to ₹1,368 crore, compared to ₹1,091 crore in the year-ago period, according to a exchange filing on Thursday. The board recommended a dividend of…