LIC becomes most valued PSU with Rs. 5.64L crore m-cap
Shortpedia
Content Team
Image Credit: business standard
Life Insurance Corporation of India (LIC) has once again become the most valuable listed public sector company, overtaking State Bank of India (SBI) in market capitalization. Currently, LIC's market cap is at Rs. 5.64 lakh crore, while SBI's stands at Rs. 5.63 lakh crore. Today, LIC's stock price increased by 0.2% to Rs. 896 on the BSE, while SBI's stock fell by 1.5% to Rs. 624. In July 2022, SBI had surpassed LIC in terms of market capitalization.
