Life Insurance Corporation of India’s shares are in focus after a strong December quarter. The company reported a 17% year-on-year rise in net profit to Rs 12,930 crore. Net premium income also saw a 17% increase. The Value of New Business grew by nearly 28%. LIC’s solvency ratio improved, and assets under management increased by over 8%.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets