Why Is LIC Share Price Falling?

 

LIC (Life Insurance Corporation of India), the largest insurer in the world, had a highly successful initial public offering (IPO). Major investors anticipated that the company and all those who purchased shares at the IPO would achieve future success. However, the LIC Share Price post listing had a rocky beginning. The IPO subscribers were significantly affected by this reciprocal impact to submit bids for the LIC IPO at the upcoming IPO in India.

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