After several rounds of deliberations, the government not only pruned the issue size but it also reworked LIC’s valuation which might have already taken care of market concerns.
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Every dip will be a buying opportunity and capital Goods, real estate, infrastructure and pharma may outperform going forward, believes Nilesh Shah.
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And as LIC of India is the 10th most valued life insurance brand globally, its IPO is likely to make a compelling proposition.
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In this article we will tell you why LIC stands out on the upcoming IPO calendar. This might help you in deciding whether you should invest in the upcoming LIC IPO.
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It’s been over two decades now since India liberalized the insurance sector by allowing private-sector participation. Still, Life Insurance Corporation continues to dominate India’s life insurance market even today.
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