LIC share hits 52-week high on strong Q3 show
LIC's standalone profit surged 49% to ₹9,444 cr in Q3 FY24; net premium rises 5%
LIC's standalone profit surged 49% to ₹9,444 cr in Q3 FY24; net premium rises 5%
LIC’s Q3 premium income fell 15.38% on QoQ basis but rose 14.5% on YoY basis to ₹1,11,788 cr. Market share slips 2.83% to 65.38%.
The debutant that ranks at No.2 on Fortune 500 India list comes with a rich legacy, but post-listing it needs to prove its chops.