Investors’ wealth erode by 1.93 lakh cr with LIC shares fall
New Delhi: Shares of the country’s largest insurer LIC have tumbled nearly 40 per cent from its issue price in the first year of trade, with investors’ wealth eroding by Rs 1.93 lakh crore. LIC had listed at over 8 per cent discount on May 17 last year after a successful Initial Public Offering (IPO) which…
