News > LIC share price slides below Rs 800
LIC share price slides below Rs 800
06/06/2022 12:46 PM | Click to read full article
Bears pushed the Life Insurance Corporation of India (LIC) shares lower on Monday to all-time low levels, with the stock sliding below the Rs 800 mark.
From its IPO issue price of Rs 949, the prices are down over 17 per cent. With the fall in share prices, the market capitalisation of the company also fell below Rs 5 lakh crore to Rs 4.98 lakh crore.