What "LIC 2.0," Share Performance Bad To Worse: 5 Points

On the BSE, LIC's stock closed at its lowest ever of Rs 800.25 per share on Friday, after dipping to its all-time intra-day low of Rs 800.  While the stock hit a life-high of 920.00 a few days after listing on stock exchanges, it is down over 15 per cent from its issue price of Rs 949 per share. After Friday's close, LIC's market capitalisation (m-cap) stood at about Rs 5,06,158, marking a valuation loss of touch over Rs 94,000 c...