LIC@900! Why Axis Securities sees 30% upside in the stock
LIC dominates the life insurance industry in India led by a trusted brand, comprehensive product portfolio and large feet on street, the brokerage said.LIC was the largest initial public offering in the history of the Indian primary markets as the government of India raised about Rs 21,000 crore by offering 221,374,920 equity shares or 3.5 per cent stake of the company.