LIC's weak listing due to unpredictable market conditions, says DIPAM Secy2 min read 17 May 2022, 02:45 PM IST
LIC listing: The DIPAM Secretary suggested investors to hold on to the stock for long-term value
The muted debut of the much-awaited and India's biggest initial public offering Life Insurance Corporation of India (LIC) on the stock market was due to unpredictable market conditions, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Tuesday.
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