LIC Share Price: There is news of work for LIC’s IPO and its shareholders. The country’s largest insurance company LIC has informed that as of 31 March 2022, the embedded value of LIC has become Rs 5.41 lakh crore. Whereas last year as of March 31, 2021, its embedded value was Rs 95,605 crore. At the same time, as of 30 September 2021, its embedded value was Rs 5.39,686 crore. According to the information given by the company, the embedded value had increased due to the diversification of the fund after the changes in the LIC Act.
Know what Embedded Value?
Now tell us what is embedded value? Actually, the measure of the value of any insurance company is embedded value. It also includes shareholders’ interest in the income from allocated assets, in addition to reserves for risks associated with the insurance business. It is a way of knowing the share value of the shareholders in the life insurance business. ie the company’s immediate.
What is the status of LIC share?
Now let’s talk about LIC shares. The market capitalization of LIC is Rs 4.50 lakh crore while the market value as per IPO price was Rs 6 lakh crore. LIC’s stock is still trading below its IPO price. In fact, LIC’s shares have remained below their issue price since the listing. LIC’s stock was down 0.91 percent at Rs 712.30 at the end of Thursday’s trading, while the listing price of LIC’s IPO is Rs 949. Accordingly, LIC’s stock is still 25 percent below its IPO price.
 |
|
|
Click Here |
|
Click Here |
|
Click Here |
|
Click Here |
