News and Views
Recent Price Movement and Market Comparison
The stock has experienced a notable decline over the past week, dropping 1.69%, while the Sensex benchmark index recorded a modest gain of 0.20% during the same period. This underperformance extends over longer time frames as well, with the stock falling 7.79% in the last month compared to a 0.46% decline in the Sensex. Year-to-date, LIC’s shares have declined by 5.34%, whereas the Sensex has advanced by 8.22%. Over the past year, the stock has lost 8.21% in value, contrasting with the Sensex’s 4.80% gain. Even over three years, LIC’s 22.60% return trails the Sensex’s 37.86% appreciation.
Technical Indicators and Trading Activity
LIC’s recent price action reveals a persistent weakness, with the stock d...
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