New Delhi, Nov. 6 -- Life Insurance Corporation of India (LIC) share price was fell 1.6% to Rs.892.65 apiece on Thursday, November 6, ahead of its second quarter earnings announcement.
The insurance giant stock has remain volatile in the near-term. LIC share price has surged nearly 14% in six months, however, has descended over 6% in one year.
Analysts largely expect the PSU insurance giant to report a positive financial performance in the second quarter of the current fiscal year, led by steady growth in net premium income, supported by a stable value of new business (VNB) and a robust product mix.
Kotak Institutional Equities projects LIC's Annual Premium Equivalent (APE) at Rs.16,380 crore - a marginal 0.5% decline year-on-year but ...
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