LIC stock price tops 1,000 1st time since listing in 2022

On Monday, the stock price of LIC, the government-operated life insurance giant, surpassed the Rs 1,000 milestone for the first time since its listing in May 2022. The recent remarkable performance in LIC's stock price has elevated the PSU major to the position of the sixth most valuable company in India, boasting a market capitalization of Rs 6.3 lakh crore.