LIC
According to the LIC DRHP filed with SEBI, LIC is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents, which comprised 55% of all individual agents in India as at March 31, 2021.
LIC’s individual products comprise (i) participating insurance products and (ii) non-participating products, which include (a) savings insurance products; (b) term insurance products; (c) health insurance products; (d) annuity and pension products; and (e) unit linked insurance products. Group products comprise (i) group term insurance products, (ii) group savings insurance products; (iii) group savings pension products; and (iv) group annuity products. As at September 30, 2021, our Corporation’s group product portfolio in India comprised 10 group products.
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LIC
The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on September 1, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.According to the LIC DRHP filed with SEBI, LIC is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents, which comprised 55% of all individual agents in India as at March 31, 2021.LIC’s individual products comprise (i) participating insurance products and (ii) non-participating products, which include (a) savings insurance products; (b) term insurance products; (c) health insurance products; (d) annuity and pension products; and (e) unit linked insurance products. Group products comprise (i) group term insurance products, (ii) group savings insurance products; (iii) group savings pension products; and (iv) group annuity products. As at September 30, 2021, our Corporation’s group product portfolio in India comprised 10 group products.
6 Adani stocks, LIC, and 3 PSUs slip below 20 & 50 DMAs: What should investors do?
Despite 77% of Nifty 100 stocks trading above their 20-day DMAs and 63% above their 50-DMAs, 16 stocks, including six Adani Group stocks and several PSUs, have fallen below both moving averages. According to Ace Equity data, this indicates generally favorable trends for large-cap stocks.
Stocks in news: SpiceJet, CDSL, RIL, LIC, Shipping Corp, NTPC
Aviation watchdog DGCA decided to place SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance to ensure the safety of the airline's operations.
Indian government gets Rs 3,662 crore as dividend from LIC
Life Insurance Corporation of India (LIC) has paid the Indian government a dividend of Rs 3,662.17 crore, its largest shareholder. This payment follows a final dividend declaration of Rs 6 per share for FY 2023-24, totaling Rs 6,103.62 crore for the year.
LIC Housing Finance’s near-term outlook a challenge
LIC Housing Finance saw a 9% decline in its stock in August after a weaker-than-expected June quarter. The company's net interest income dropped by 10% year-on-year, and net profit decreased by 2%. Analysts have downgraded the FY25/26 earnings per share by 2-4%, indicating challenges ahead.
Buy, Sell or Hold: Here's what brokerages said on LIC post 9% uptick in Q1 PAT
LIC Share Price: LIC reported a consolidated net profit of Rs 10,544 crore for the first quarter ending June 2024, reflecting a 9% increase from Rs 9,635 crore in the same quarter last year. During the quarter, net premium income rose by 16% year-on-year to Rs 1.14 lakh crore, compared to Rs 98,755 crore in the corresponding period of the previous year
Indian government gets Rs 5,091 crore dividend from IOC
The government has received about Rs 5,091 crore from Indian Oil Corp as dividend, the Department of Investment and Public Asset Management (DIPAM) said on Thursday.
Govt eases norms for listing on international exchanges within Gift City
The Indian government has simplified listing rules for companies on international exchanges within IFSCs, aligning with global standards. New regulations require a minimum 10% public offer and allotment, and a continuous listing requirement of 10% under SCRR Rules 19 and 19A.
LIC sells stake in Hindustan Copper for Rs 447 cr
Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction.
Earnings Impact: LIC shares jump 3% after Q1 net profit rises 9% YoY
Shares of Life Insurance Corporation (LIC), India’s largest insurer, surged 3% to Rs 1,159.60 on the BSE after reporting a Q1 net profit of Rs 10,544 crore for the quarter ended June 2024, a 9% increase year-on-year. Net premium income rose 16% YoY to Rs 1.14 lakh crore.
LIC stock portfolio surges to Rs 15 lakh crore, 95 stocks sold in Q1
Life Insurance Corporation of India's equity portfolio has nearly doubled in three years to Rs 15.72 lakh crore. In the June quarter, LIC reduced stakes in 95 stocks, including Bank of Maharashtra, while increasing investments in firms such as Infosys and TCS. Fund managers advise rotating into value sectors for optimal returns.
GIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session
Nifty rebounded to 25,000, driven by signals from the US Fed about possible interest rate cuts in September. Positive sentiments are expected to influence Indian markets. Gift Nifty indicated a negative start. Global market indicators showed mixed trends. India VIX increased, alongside fluctuations in S&P 500 futures and other indices.
Q1 results today: LIC, RVNL, GRSE, MRF among 225 companies to announce earnings on Thursday
The initial quarter earnings season began with 225 companies, including LIC, Eicher Motors, RVNL, and SAIL, reporting their financial performance. Eicher Motors was expected to achieve a significant profit range, while LIC was projected to see a notable increase in its annual premium equivalent and value of new business on a yearly basis.
Stocks in news: LIC, RVNL, BSE, Hindalco, Tata Motors, Eicher Motors
The domestic markets rebounded on Tuesday, gaining over a percent owing to robust global cues. Stocks such as LIC, Eicher Motors, RVNL, and Tata Motors were highlighted due to quarterly results and corporate developments. Key financial outcomes were reported by BSE, NHPC, and Apollo Tyres. Moody's upgraded Tata Motors' rating, keeping a positive outlook.
F&O Ban List: PNB, Birlasoft among 15 stocks under trade ban on Monday
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Nifty gained 71 points to close at 24770 on Wednesday. Attention is on Fed Chair Powell's Friday speech at the Jackson Hole Symposium. Hopes for rate cuts are driving market sentiment, which is likely to consolidate this week. India VIX fell by 3.53% to 13.33 levels.
Mcap of 8 of top-10 most valued firms erodes by Rs 1.66 lakh cr; Reliance, LIC biggest laggards
The market valuation of Infosys dived Rs 20,973.19 crore to Rs 7,35,277.28 crore and that of Tata Consultancy Services (TCS) tumbled Rs 19,157.77 crore to Rs 15,30,469.11 crore.
GIFT Nifty signals a muted start for D-Street. Here's the trading setup for today's session
Equity markets recorded gains on Tuesday, with Nifty recovering following recent consolidation. Analysts anticipate continued momentum. India VIX decreased, reflecting lower market anxiety. Oil prices dropped amid rising U.S. crude inventories. The Indian rupee strengthened against the US dollar, supported by positive domestic equity markets and lower oil prices.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Domestic markets ended almost flat on Monday after a significant rise on Friday, supported by global market recovery but hindered by underperformance in banking. Analysts recommended a 'buy on dips' approach, focusing on IT and FMCG sectors. The Indian rupee strengthened against the US dollar amid weakening of the dollar and declining oil prices.
Stocks in news: Grasim, Info Edge, LIC, Eicher Motors, SAIL
Thursday's market closed in red due to the RBI's cautious policy. Key events included LIC's 9% profit rise, Eicher Motors’ 20% increase, and Cochin Shipyard's 76.6% growth. Additionally, Trent, Grasim, and Info Edge announced their Q1 results, among other notable financial updates from various firms.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Domestic markets saw gains as part of a global rally, with analysts predicting consolidation based on global factors. Investors are focused on the upcoming US Fed meeting minutes and developments in the Middle East impacting oil prices. The rupee remained stable despite geopolitical tensions.
GIFT Nifty jumps over 150 points; here's the trading setup for today's session
Equity markets edged up marginally on Wednesday, with analysts predicting continued consolidation influenced by global cues. Gift Nifty indicated a positive opening, while many stocks faced F&O restrictions. FIIs sold shares, whereas DIIs bought. Oil prices fell slightly on positive U.S. economic data, and the rupee appreciated marginally against the dollar.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Domestic markets closed with losses for the second day in a row amid consolidation and a lack of positive triggers. Gift Nifty indicated a positive start, while oil prices rose on shrinking U.S. inventories. The rupee remained flat against the dollar. Investors were suggested to buy quality large-cap stocks during this dip.
F&O Ban List: Sun TV among 15 stocks under trade ban on Tuesday
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
GIFT Nifty down 10 points; here's the trading setup for today's session
"Going forward, we expect markets to consolidate at higher levels due to mixed global cues and absence of any major domestic triggers," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal
Sebi executive director exhorts pension funds, insurers to invest more in municipal bonds
Citing the example of mutual fund body Amfi's campaign aimed at popularising mutual funds, he said the bond market can also create a similar campaign which will help the sector gain traction and end up aiding economic growth through capital formation.
Mcap of 6 of top-10 valued firms jumps Rs 1.85 lakh cr; LIC, Infosys biggest winners
The market capitalisation (mcap) of Tata Consultancy Services (TCS) jumped Rs 30,826.1 crore to Rs 15,87,598.71 crore and that of Bharti Airtel climbed Rs 30,282.99 crore to Rs 8,62,211.38 crore.HDFC Bank's valuation rallied Rs 8,140.69 crore to Rs 12,30,842.03 crore
Post Budget Picks: LIC Housing, Dabur could give 10-17% return in 1 year
In the Union Budget 2024-25 presentation, Finance Minister Nirmala Sitharaman emphasized fiscal consolidation and strategic spending. The government allocated additional resources to reducing the fiscal deficit and boosting revenue spending. Stock recommendations include LIC Housing Finance and Dabur, expecting significant returns over the next year.
Annual performance of LIC for FY24 reviewed
On Friday, Financial Services Secretary Vivek Joshi conducted a review of the Life Insurance Corporation of India's (LIC) annual performance for the fiscal year 2024. The Ministry's statement highlighted that senior LIC officials attended the meeting, which centered on evaluating the life insurer's accomplishments across various financial metrics and strategizing future directions.
MF, retail investors' share in NSE stocks surges to all-time high, FII-DII gap smallest ever: Primeinfobase
The share of Domestic Institutional Investors (DIIs) also increased to 16.23% from 16.07% during the quarter. Meanwhile, with Foreign Institutional Investors (FIIs) pulling out Rs 7,693 crore from the market during the quarter, their share declined to a 12-year low of 17.38%, down by 34 bps.
LIC hands over Rs 3,662 cr dividend cheque to govt
LIC also paid an interim dividend of Rs 2,441.45 crore on March 1, 2024, thus totaling Rs 6,103.62 crore dividend paid to the Centre for the year 2023-24. LIC, which completed 68 years since its incorporation, has an asset base of over Rs 52.85 lakh crore.
LIC gets GST notice of Rs 605 crore for wrong availment and short reversal of ITC
LIC has received a GST notice amounting to Rs 294 crore and a penalty of Rs 29.4 crore from the Deputy Commissioner of State Tax in Mumbai for incorrect availment and short reversal of ITC and interest on late payments. The company also faces an interest charge of Rs 281 crore. LIC states there is no significant impact on its financials or operations.
INQ Holdings, SBI funds, Citigroup biggest buyers in Adani Energy's $1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solutions Ltd (AESL), which closed last week, saw over 120 investors seek shares in the firm that is into power transmission, distribution and smart metering business. Billionaire Stanley Druckenmiller's family office-led investment firms were among the companies that sought shares of AESL in the QIP.
LIC plays the price game for growth, margins take a back seat, for now
LIC, India's largest insurance provider, shifted its growth strategy, focusing on expansion over margins. In Q1 FY25, it reported a 24% rise in value of new business due to a 21% increase in annualized premium equivalent. This strategy led to a rise in non-par segment premiums but a decline in overall margins.
Mcap of 8 of top-10 most valued firms jumps Rs 2.10 lakh cr; TCS, LIC sparkle
The combined market valuation of eight of the top-10 most valued firms jumped Rs 2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerging as the biggest gainers. Last week, the BSE benchmark climbed 85.31 points or 0.10 per cent. The 30-share BSE Sensex hit its new all-time high of 81,587.76 on Friday.
Adani Energy shares jump 10%, hit 52-week high on strong response to QIP
The report further revealed that Adani Energy raised Rs 50,000 crore through the issue. More than 125 institutional investors participated in the fundraising of Adani Energy. The company has reported a consolidated net loss of Rs 824 crore for the quarter ended June 30, 2024, as against Rs 175 crore net profit in the year-ago period.
Adani Energy’s $1-billion QIP subscribed over 6 times
Duquesne Family Office, Driehaus Capital Management, and Jennison Associates have invested in Adani Energy Solutions' $1-billion qualified institutional placement. This marked their first venture into Indian equities. The oversubscribed QIP, attracting over ₹50,000 crore, will fund capital expenditure, smart meters, debt repayment, and other corporate needs.
30 stocks poised to benefit from FM Sitharaman's announcements
The Modi government's recent Budget 2024 introduces both expected and surprising measures. While capital expenditure and the fiscal deficit target remain steady, tax policy changes will likely impact market sentiment. The Budget also announced initiatives for various sectors, which could lead to growth in the near term. Here are 30 stocks from different sectors set to benefit from the Budget. Watch!30 stocks poised to benefit from FM Sitharaman's announcements
Sobha shares fall over 4% amid block deal
Sobha Ltd Shares News: Shares of Sobha Ltd fell 4.5% to Rs 1,779 due to block deal reports, possibly involving Anamudi Real Estate LLP. Despite the drop, the stock has risen 190% over the past year. The company reported an 86% decline in Q4 FY24 profit with net profit at Rs 7.02 crore and income at Rs 791.25 crore.
FIIs hit sell button on 9 Adani stocks but LIC bullish on 2 underdogs
FIIs sold stakes in nine Adani stocks, capitalizing on a price rebound during the June quarter, while LIC increased its investments in Adani Energy and Adani Enterprises. Mutual funds and retail investors demonstrated varied preferences across Adani stocks. Adani Ports emerged as a top performer in 2023 after recovering Hindenburg-era losses, showcasing strong financial health and reduced debt levels.
LIC raises stake in IDFC First Bank by 0.2% to 2.68% via private placement
IDFC First Bank has underperformed in the market over the past year, gaining only 3% and declining 8% year-to-date. The stock is currently trading 24% below its 52-week high of Rs 100.74.
Exposure to India's infra sector helps LIC, SBI outshine peers
Shares of state-owned behemoth Life Insurance Corporation (LIC) have outperformed rivals like HDFC Life and ICICI Prudential Life as it placed bets on India's growth sectors, including infrastructure, while the private sector concentrated bet on tech, consumer and consumer-related BFSI companies.
LIC Q1 Results: Profit rises 9% YoY to Rs 10,544 crore
LIC Q1 Results: The life insurance major saw a 16% year-on-year increase in net premium income for Q1, reaching Rs 1.14 lakh crore. The company also maintained its dominant position in the Indian life insurance market, boasting of a 64.02% market share based on First Year Premium Income (FYPI).
Budget Delights: 30 stocks poised to benefit from FM Sitharaman's announcements
Despite maintaining steady capital expenditure and fiscal deficit targets, analysts predict that significant tax policy changes, particularly the increased LTCG, STCG, and STT rates, will affect market sentiment. However, the introduction of new income tax benefits under the new tax regime offers some relief to taxpayers, potentially mitigating the negative impact on market sentiment.
Disappointed with Budget? Hunt for stocks in these 10 sectors
Aimed at the trinity of fiscal prudence, investment, and growth momentum, the Union Budget saw the introduction of employment incentives and a simplified income tax regime, which should boost consumption.
Budget 2024: Housing Finance stocks in focus after Rs 10 lakh crore allocation
Shares of housing finance companies dropped post-budget as FM Sitharaman announced 3 crore more houses under the PM Awas Yojana. Analysts see positive impact on sector despite initial market reaction.
Rail, defence, PSU stocks in focus ahead of Budget
Railway, defence, and PSU stocks on BSE rose ahead of the Union Budget by the Finance Minister. RailTel up 3%, Cochin Shipyard and DCX Systems gained, while Titagarh Rail, Texmaco Rail mixed. PSU stocks: IRCTC, IRFC, OIL, GMDC, Mazagon Dock, Bharat Forge, LIC, BEML, NTPC, Gujarat Gas, RCF, NMDC Steel. Multibagger returns seen; MRPL declined 3.7%.
Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise
Favorable announcements in the housing sector could boost stocks of realty, cement, and housing finance companies. Credit ratings agency CareEdge predicts the government will increase funding for affordable housing schemes, driving construction and employment.
F&O Ban List: Aarti Industries, Piramal Enterprises among 17 stocks under trade ban on Monday
Seventeen stocks, including Aarti Industries, ABFRL, and Bandhan Bank, were under F&O trade ban. This restriction is due to open interest exceeding 95% of market-wide position limits and is lifted when it drops below 80%. Despite high volatility, Nifty and Sensex ended Friday in green, boosted by positive U.S. economic data.
Buy Life Insurance Corporation of India, target price Rs 1300: JM Financial
Life Insurance Corporation of India key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments and Other Operating Revenue for the year ending 31-Mar-2022.
LIC wants to double AUM to Rs 100 lakh crore within 5 years; focus on top-line growth: Siddhartha Mohanty
LIC CEO Siddhartha Mohanty noted an increase in AUM to Rs 53.58 lakh crore, marking 16.2% growth. Operational efficiency improved, leading to a lower expense ratio. The company’s focus on non-par products has boosted margins. Mohanty aims to double AUM to Rs 100 lakh crore within five years, emphasizing sustainable growth.
LIC launches 4 new term life insurance plans; Check eligibility, premiums, other benefits
LIC has introduced new term life insurance plans to offer term insurance and financial protection against loan repayments. These plans include LIC's Yuva Term, LIC's Digi Term, LIC's Yuva Credit Life, and LIC's Digi Credit Life.
LIC shares soar 74% in 1 year, leading returns among top 10 firms by market cap
Bharti Airtel is close second to LIC with a gain of 68.2% in the same period, while the country’s largest public sector lender State Bank of India (SBI) gained 47.64%, according to the stock exchange data.
Sarkar Raj of PSU stocks brace for Budget test after Rs 39 lakh crore surge
PSU Stocks: The booming PSU stocks market, which has seen remarkable returns, is now under scrutiny as the Budget approaches. Potential stake divestments in low-float companies could impact prices. Experts caution about high valuations and advise vigilance amidst market uncertainties.
UK based Aviva conspired to dodge India compensation and tax rules
An Indian tax investigation has revealed that British insurer Aviva breached commission regulations by using fake invoices and untracked cash payments. Between 2017 and 2023, Aviva's India business paid $26 million to entities claiming to provide services but were actually fronts for funneling money to sales agents, evading $5.2 million in taxes.
Here's why Deepak Shenoy is bullish on LIC stock
There are countries that are hotter but have just a lot more air conditioning, so that way positive about the long-term future. We have not got this stock in our portfolio, but the whole space is interesting. For Jubilant, it is relatively expensive stock.
IDBI Bank shares rise 7% after RBI submits 'Fit & Proper' report
IDBI Bank's shares surged 7% to Rs 94 on BSE after RBI approved 'fit and proper' bidders ahead of Union Budget 2024. The bank, earmarked for privatization, awaited RBI's nod for bidders meeting regulatory norms to progress in the privatization process.
Govt gets Rs 5,091 crore dividend from IOC
The government has received a dividend of around Rs 5,091 crore from Indian Oil Corporation, as per the Department of Investment and Public Asset Management. So far, Rs 10,604.74 crore in dividends have been collected from CPSEs for the 2024-25 fiscal year. LIC also contributed a dividend of Rs 3,662.17 crore for FY2023-24.
LIC to declare Q1 results today. Here's what to expect from PSU insurer
Life Insurance Corporation of India (LIC) released its Q1 results, revealing anticipations of a 9-33% annual premium equivalent (APE) growth and a 37% boost in value of new business (VNB). Yes Securities estimated APE at Rs 12,705 crore and VNB at Rs 1,780 crore, showing significant year-on-year increases.
LIC sees red over policy 'trading' by ACESO, to take legal action
The Life Insurance Corporation of India (LIC) is gearing up for a legal battle against ACESO, a company that buys and assigns LIC policies to policyholders for a consideration. LIC argues that ACESO's practices undermine the core principles of insurance and pose risks to policyholders. ACESO, founded by Ketan Mehta and Himanshu Ashar, offers higher payments for policies and continued commissions for agents, challenging LIC's stance. The dispute echoes a similar legal struggle from two decades ago, with LIC leveraging recent legal amendments to counter ACESO’s campaign.
Nifty rides with bulls, can hit 24,600: Analysts
Stocks expected to show bullishness include Reliance, ICICI Bank, LIC Housing Finance, Grasim, Praj Industries, Biocon, Apollo Tyres, Tata Motors, and BEL. Consider a moderately bullish strategy using a Bull-Call Spread for the July 4 weekly expiry.
Private life insurers take industry APE up 17% in July
In July, India's life insurance industry saw a 16.9% year-on-year growth in annualised premium equivalent (APE), largely driven by private insurers, who posted an 18% increase. LIC saw a 13.5% rise in APE. Total premiums collected in July reached ₹31,822 crore, a 14% year-on-year increase.
New biz premium of life insurers grows 14 pc to Rs 31,823 cr in Jul
In July, life insurers saw a 14% increase in new business premiums, reaching Rs 31,823 crore. The Life Insurance Corporation of India (LIC) led with a 19.78% rise, collecting Rs 18,431 crore. For the first four months of FY25, new business premiums surged 26% to Rs 75,872 crore. The overall growth in new policy issuances was 2.73%, with 23,88,720 new policies issued in July 2024. This growth reflects heightened consumer demand for insurance protection.
LIC's bond FRA entry to boost demand for long-dated g-secs
The country's largest insurer - which has a total asset under management (AUM) of ₹53.5 lakh crore including 40% in government bond books - is geared up to soon enter either the market for bond forward rate agreements (FRA) or actual bond forwards and has been making market enquiries about the matter, multiple bank treasury executives told ET.
Do you have enough life insurance cover to protect your financial goals?
Your financial goals may be at risk if you have not taken sufficient protection against unforeseen events.
LIC's Digi Term Insurance Plan: Eligibility, premium payment, benefits of this online cover
LIC's Digi Term is a non-par, non-linked, life, individual, pure-risk plan that provides financial protection to the insured's family in case of his/ her unfortunate death during the policy term.
F&O Stock Strategy: How to trade Apollo Tyres and LIC Housing Finance
Apollo Tyres breakout signals strong buying interest. Accumulate in the 520-515 zone with a stop loss at 500, targeting 550 in the short term.
Life insurance in fierce battle to grab annuities market share
While the annuity market in India is still in its early stages, insurers believe it holds long-term growth potential. With rising life expectancy and higher income levels, the demand for annuity products is expected to soar.
F&O stocks: Hindustan Aeronautics, Godrej Properties among 5 stocks with short buildup
Stocks witness significant short positions as traders bet on price drops. RBL Bank, Godrej Properties and Ambuja Cements see open interest rise amidst price declines.
LIC Housing Q1 Results: Profit falls 2% to Rs 1,300 crore
The total income increased to Rs 6,784 crore during the quarter against Rs 6,747 crore in the same period last year, LIC Housing Finance said in a regulatory filing.
