InvestorQ : Why has LIC stock been falling so sharply even after a weak listing of the IPO?
NISHA Nayak made post

Why has LIC stock been falling so sharply even after a weak listing of the IPO?

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Priyanka N answered.
2 weeks ago
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LIC problems almost look endless as the stock continues to touch a new low of Rs648. It has lost 32% from the IPO price of Rs949. Weak growth of APE in August 2022 of 5.2% compared to 8.9% for private sector insurers, was the reason.

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