Adani Enterp. 2492.15↓-1.20(-0.05%)
Adani Ports 732.05↓-6.80(-0.92%)
Apollo Hospitals 4814.25↑192.30(4.16%)
Asian Paints 3240.70↑47.75(1.50%)
Axis Bank 919.70↑4.85(0.53%)
B P C L 364.55↑1.05(0.29%)
Bajaj Auto 4643.60↑76.45(1.67%)
Bajaj Finance 7040.50↑50.65(0.72%)
Bajaj Finserv 1450.15↓-0.90(-0.06%)
Bharti Airtel 827.95↓-21.95(-2.58%)
Britannia Inds. 4635.25↓-21.80(-0.47%)
Cipla 964.75↑11.70(1.23%)
Coal India 230.35↓-10.90(-4.52%)
Divi's Lab. 3525.40↑81.80(2.38%)
Dr Reddy's Labs 4552.05↑51.00(1.13%)
Eicher Motors 3716.05↑44.10(1.20%)
Grasim Inds 1702.45↓-15.90(-0.93%)
H D F C 2646.70↑6.30(0.24%)
HCL Technologies 1141.90↓-3.20(-0.28%)
HDFC Bank 1604.00↓-6.85(-0.43%)
HDFC Life Insur. 582.20↓-10.15(-1.71%)
Hero Motocorp 2800.40↑40.50(1.47%)
Hind. Unilever 2697.90↑30.35(1.14%)
Hindalco Inds. 406.35↑0.45(0.11%)
ICICI Bank 936.10↓-13.05(-1.37%)
IndusInd Bank 1290.15↑3.55(0.28%)
Infosys 1319.50↑1.20(0.09%)
ITC 439.70↓-5.80(-1.30%)
JSW Steel 693.85↓-2.45(-0.35%)
Kotak Mah. Bank 1930.05↓-84.30(-4.18%)
Larsen & Toubro 2207.80↑2.15(0.10%)
M & M 1318.90↓-0.10(-0.01%)
Maruti Suzuki 9328.30↓-39.40(-0.42%)
Nestle India 21874.30↑201.20(0.93%)
NTPC 174.40↑0.55(0.32%)
O N G C 153.65↓-1.25(-0.81%)
Power Grid Corpn 233.00↓-0.85(-0.36%)
Reliance Industr 2463.25↓-6.65(-0.27%)
SBI Life Insuran 1207.75↓-27.25(-2.21%)
St Bk of India 582.75↑2.90(0.50%)
Sun Pharma.Inds. 987.70↑12.35(1.27%)
Tata Consumer 793.65↓-5.00(-0.63%)
Tata Motors 535.20↑8.90(1.69%)
Tata Steel 105.95↑0.15(0.14%)
TCS 3324.00↑34.50(1.05%)
Tech Mahindra 1120.80↑5.25(0.47%)
Titan Company 2827.25↑4.00(0.14%)
UltraTech Cem. 7842.80↓-27.25(-0.35%)
UPL 677.95↓-7.15(-1.04%)
Wipro 407.15↑3.50(0.87%)

Statsguru: Six charts explain LIC's stock listing pains amid headwinds

Private players have diversified ways of sourcing business, while LIC is more dependent on its agents

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The decline in LIC’s share price makes it the biggest wealth destroyer among IPOs which hit the market after Covid-19 took hold globally in 2020

2 min read Last Updated : May 21 2023 | 8:52 PM IST

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Since its listing, peers belonging predominantly to the private sector have largely outpaced Life Insurance Corporation (LIC) of India, which was originally formed by merging 245 private players in 1956.

The stock dropped 8 per cent on the listing day, and has declined by more than a third since. It is down over 40 per cent in total from the price offered to shareholders who bought the stock in its initial public offering (IPO). The S&P BSE Sensex has risen nearly 14 per cent since then (chart 1).