Page 3 - Lic Ipo
LIC hits lowest level since listing; shares down 32% from issue price
In the past three months, the stock of LIC has declined 3 per cent, as against 14 per cent rally in the benchmark index
 "LIC hits lowest level since listing; shares down 32% from issue price")
LIC stk hovers around June lows but analysts remain bullish, see 37% upside
he stock of India's biggest life insurer closed at Rs 655 apiece on the BSE on Friday, marginally above its record low of Rs 650, hit on June 20, 2022
 "LIC stk hovers around June lows but analysts remain bullish, see 37% upside")
LIC taking steps to transform corporate governance: DIPAM Secretary
Some of these steps include improving LIC's 13th month and 25th persistency ratio, which is less than its peers
 "LIC taking steps to transform corporate governance: DIPAM Secretary")
Can LIC maintain dominant mkt share, improve growth in profitable segments?
If new business premium and margin continue to improve, there can be a decent upside in the stock
 "Can LIC maintain dominant mkt share, improve growth in profitable segments?")
Top Headlines: LIC's embedded value remains flat, FTP amendments, and more
LIC's Indian embedded value (IEV) grew marginally to Rs 5.41 trillion as of March 2022 compared with Rs 5.39 trillion as of September 2021
Stock market volatility to impact India Inc's fundraising plans: Analysts
Rising interest rates, too, do not augur well for corporate India as they will make raising money via debt expensive
 "Stock market volatility to impact India Inc's fundraising plans: Analysts")
Top Headlines: COAI on captive pvt networks, fintechs see surge in loans
The IRDAI is considering a proposal to make insurance frauds a parameter for calculating credit scores in an attempt to put a lid on the increase in such activity
 "Top Headlines: COAI on captive pvt networks, fintechs see surge in loans")
In 5 yrs, we'd like to be No. 1 in bancassurance: LIC chairperson MR Kumar
We firmly believe that once the market stabilises, our inherent strength and performance will be recognised
 "In 5 yrs, we'd like to be No. 1 in bancassurance: LIC chairperson MR Kumar")
LIC shares face renewed selling pressure as anchor lock-in ends; fall 4.5%
Analysts said this week is likely to be a litmus test for LIC on whether the stock finds buying support from institutional investors like mutual funds at these lower valuations
 "LIC shares face renewed selling pressure as anchor lock-in ends; fall 4.5%")
Enter the dragon: Foreign investors turn positive as China shrugs off Covid
Some funds could reallocate from other EMs to China, posing fresh headwinds for India, which commands a steep valuation premium compared with other EMs
 "Enter the dragon: Foreign investors turn positive as China shrugs off Covid")
For the Modi government disinvestment hasn't been about earning money
The Modi government has earned twice as much from disinvestment as all previous governments combined have since 1991
Govt 'concerned' about dip in LIC share price; calls it temporary blip
Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920
 "Govt 'concerned' about dip in LIC share price; calls it temporary blip")
Stocks to Watch: RIL, Bajaj Auto, HDFC, LIC, TVS Motor, IIFL Finance, HFCL
Stocks to Watch Today: Bajaj Auto to consider share buyback on June 14 after 22 years; The 30-day lock-in period for anchor investments in LIC IPO ends on June 13.
 "Stocks to Watch: RIL, Bajaj Auto, HDFC, LIC, TVS Motor, IIFL Finance, HFCL")
LIC slips for 8th straight day on muted growth, down 24% from issue price
LIC's inability to move up in the customer segment by significantly changing its product and distribution mix means that the insurer will continue to lose market share.
 "LIC slips for 8th straight day on muted growth, down 24% from issue price")
LIC, 7 other firms in focus as anchor investors' lock-in period ends
Share price comes under pressure around the time when such a deadline is over, trend shows
 "LIC, 7 other firms in focus as anchor investors' lock-in period ends")
TMS Ep189: Laptop production, Apple Inc, LIC stocks, RBI & inflation
Why has laptop production not taken off despite PLI? What has Apple Inc got in store for you this year? How far can LIC shares slide from issue price? Can RBI rate hike tame inflation? Answers here
 "TMS Ep189: Laptop production, Apple Inc, LIC stocks, RBI & inflation")
How much more can LIC shares fall?
Dalal Street's debutant LIC has been on a negative slope even in rate hike scenarios. So, is there any more downside to the stock after a 21% fall from its issue price? Or will it stage bounce back?
 "How much more can LIC shares fall?")
LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May
The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added
 "LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May")
LIC at new low: The story of India's biggest insurer's stock since listing
From the govt's announcement of plans to divest its stake in LIC, to its debut on the exchanges, to touching a new low, here is a snapshot of this journey so far
 "LIC at new low: The story of India's biggest insurer's stock since listing")
Life Insurance Corporation: This elephant can't dance, says Emkay Global
Emkay Global Financial Services, a leading domestic brokerage has initiated coverage on the stock with a 'hold' rating with a target price of Rs 875
