LIC stock surges as 1:1 bonus issue record date nears
Life Insurance Corporation of India (LIC) shares have witnessed a significant surge, rising as much as 4% to hit an intraday high of ₹813 on the BSE today. The upward momentum comes after the state-owned insurer announced a 1:1 bonus issue along with its Q4 results last week. The company has fixed May 29 as the record date for the…
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