LIC shares drop 9% as Rs. 31,000 crore OFS opens
pre-market1 source ↓written by the desknot a recommendation
- by midday
- 30.2 million shares
Life Insurance Corporation of India (LIC) shares have dropped 9% over the past two days, currently trading at ₹391.40. The decline follows the announcement of a ₹31,000 crore Offer for Sale (OFS), which opened for retail investors today. Heavy trading volume reached 30.2 million shares by midday, indicating significant market activity.
Not investment advice. For informational purposes only.