LIC Share Price Today:

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LIC has lost its 5th Most Valuable Company position due to continuous decline in the last four trading sessions.

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On Friday, the last trading day of the week, LIC shares closed at ₹826.25 on the BSE, down ₹14.50 or 1.72%.

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The market cap of LIC on Friday stood at Rs 5,22,602.94 Cr . Which is Rs 77,639.06 Cr less than the market cap of the issue price.

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LIC stock touched a lifetime high of ₹920 on Dalal Street despite opening at a discount on the first day.

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On the second day, there was a flat response from investors in LIC's stock. But the volume remained in the stock.

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Heavy selling pressure was seen in LIC shares on the third day and LIC stock registered a fall of more than 4%.

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On the fourth day of the week on Friday, LIC recovered some of its previous losses but slipped around 2%.

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On Friday, the last day of the week, LIC's shares have fallen by over 10% from their all-time high (918.95).

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If compared to LIC IPO upper price band then LIC shares have declined by more than 13% as on today's position.

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