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The Times of India
The Times of India
Business
PTI

LIC shares decline for 5th day; m-cap falls below Rs 5 lakh crore-mark

LIC Life Insurance Corporation of India BSE Insurance New Delhi

NEW DELHI: Shares of Life Insurance Corporation of India (LIC) continued to fall for the fifth day running on Monday and further declined by nearly 3 per cent, dragging its market valuation below the Rs 5 lakh crore-mark.

The stock fell by 2.86 per cent to end at Rs 777.40 apiece on the BSE. During the day, it tanked 3.10 per cent to Rs 775.40 -- its lowest level since listing last month.

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