LIC Share Price | Life Insurance Corporation of India i.e. LIC shares of the state-owned insurance company are witnessing strong buying.
The shares of Life Insurance Corporation of India have seen a boom since the last 4 days. The 52-week high price level of the insurance company’s shares was Rs 754.40. While the lowest price level was Rs.530.20.
Today, Thursday September 7, 2023 shares of Life Insurance Corporation of India are trading at Rs 679.65 with an increase of 0.24 percent.
In yesterday’s trading session, the shares of LIC Company touched the high price of January 27, 2023. The stock is currently up 30 percent from its 52-week low price level. On March 29, 2023, shares of Life Insurance Corporation of India Company were trading at their 52-week low price of Rs.530.20.
The total market capitalization of LIC Company is Rs.4,31,335 crores. Currently, shares of Life Insurance Corporation of India are trading below their IPO issue price. In the IPO, the price band of LIC shares was fixed at Rs 902-949.
LIC shares disappointed its investors in the listing. Finally, the company’s shares were listed at Rs 867.20. Life Insurance Corporation of India Company’s IPO was oversubscribed 2.95 times.
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