LIC becomes most valuable PSU firm; surpasses SBI in market valuation ranking | India Business News

LIC becomes most valuable PSU firm; surpasses SBI in market valuation ranking | India Business News

NEW DELHI: Life Insurance Corporation of India (LIC) surpassed State Bank of India (SBI) to become the country’s most valued PSU firm by market valuation on Wednesday. Shares of LIC climbed 3 per cent to reach its 52-week high of Rs 919.45 in intra-day trade on the BSE. However, later it pared the gains and … Read more