LIC gains as it plans to launch new product `Jeevan Utsav Single Premium`
Life Insurance Corporation of India is currently trading at Rs 853.65, up by 7.60 points or 0.90% from its previous closing of Rs 846.05 on the BSE.
The scrip opened at Rs 846.20 and has touched a high and low of Rs 858.50 and Rs 846.20 respectively. So far 11853 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 980.05 on 30-Jun-2025 and a 52-week low of Rs 715.35 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs 863.40 and Rs 843.50 respectively. The current market cap of the company is Rs 539870.18 crore.
The promoters holding in the company stood at 96.50%, while Institutions and Non-Institutions held 1.48% and 2.02% respectively.
Life Insurance Corporation of India (LIC) is all set to launch new product ‘LIC’s Jeevan Utsav Single Premium’. This product will come under product category of Non-Par, Non-Linked, Individual, Savings, Whole Life Insurance Plan. This product will cater to domestic market and will be available for sale with effect from January 12, 2026.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.
