Lakshmi Finance & Industrial Corp
201.52
-0.30(-0.15%)
Market Cap₹60.50 Cr
PE Ratio23.68
Company Performance:
1D-0.15%
1M-5.54%
6M+14.54%
1Y-24.14%
5Y+226.61%
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Latest news about Lakshmi Finance & Industrial Corp
LIC Stock Surges 4% on Strong Q1 Results and Positive Outlook Aug 08, 2025
Lakshmi Finance & Industrial Corp (LIC) stock rose approximately 4% to ₹920, driven by robust quarterly numbers and positive management outlook. Anshul Saigal from Saigal Capital attributes the momentum to strong commentary, impressive results, and limited ownership in recent years, creating opportunities for new investors. The insurance sector overall has shown strong performance with positive guidance. Market dynamics indicate penalties for companies without clear sustainability guidance despite strong Q1 earnings.
Government Appoints Advisors for LIC and PSU Stake Sales, Addressing SEBI Compliance Aug 01, 2025