News and Views
Recent Price Movement and Market Context
LIC’s share price has been under pressure over the past month, declining by 6.13%, which is steeper than the Sensex’s 4.66% drop during the same period. Year-to-date, the stock has lost 6.07%, again lagging behind the benchmark index’s 4.32% fall. Over the last year, LIC’s shares have declined by 4.14%, contrasting sharply with the Sensex’s 6.56% gain. Even over a three-year horizon, the stock’s 14.56% appreciation trails the Sensex’s robust 33.80% rise, signalling persistent underperformance.
On the day of the decline, LIC’s shares underperformed its sector by 0.38%, reversing gains made over the previous two sessions. The stock also touched an intraday low of ₹800.75, down 2.32% from the prior close. Notably, the share price i...
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