LIC IPO Review: Attractive Pricing Leaves Scope of Initial Gains
Moneylife Digital Team 07 May 2022
In the largest initial public offering (IPO) ever, the government of India (GoI) is issuing shares of Life Insurance Corporation of India Ltd (LIC). LIC was incorporated in 1956 under the LIC Act by merging and nationalising 245 private life insurance companies in India. Since then, LIC had been offering life insurance products as a monopoly till the late-1990s when the insurance sector was...
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Trent Ltd: March ’22 Results Update
Moneylife Digital Team 02 May 2022
January is normally the second-best month in terms of revenue for Trent due to end of season sales (EOSS). But Trent’s Q4FY21-22 results were impacted by the third wave of COVID in January and February 2022. Therefore, revenue and...
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