M&M shares jump 4% after Q4 results; m-cap climbs Rs 8,742 crore
The company added Rs 37,159.36 crore taking its market capitalisation (mcap) to Rs 6,26,048.27 crore.
Tag: lic
LIC shares rally over 6 pc; mcap climbs Rs 37,159 cr
Shares of Life Insurance Corporation (LIC) on Wednesday jumped more than 6 per cent after the firm said Sebi has granted an additional 3-year time till May 16, 2027, to comply with the 10 per cent public shareholding norm.
LIC Housing Finance Q4 Results: Net profit falls over 7% YoY to Rs 1,091 crore
The net profit in the year-ago period was Rs 1,180 crore. The company\’s board recommended a 450% dividend for FY24. In other words, shareholders would get Rs 9 per equity share of Rs 2 each, subject to their approval.
LIC reports 16% decline in retail APE, 300 bps below that of industry
The retail APE for LIC stood at a negative CAGR of 3.8% while the sector grew at a rate of 9% over two years, with private sector companies growing at 17%.
Adani bull GQG spends another billion dollars on 6 stocks
The latest shareholding pattern shows that GQG\’s ownership rose 202 basis points (bps) from 2.51% in December to 4.53% in the March quarter. In the case of Adani Power, the FII\’s stake rose from 1.33% to 5.2% sequentially.