Shares of Life Insurance Corporation of India (LIC) on Friday jumped almost 6 per cent after the company’s net profit for the April-June quarter jumped multi-fold to Rs Rs 9,544 crore.
LIC’s shares opened higher at Rs 666 and soon climbed 5.8 per cent to hit an intraday high of Rs 679 on NSE. At the time of writing, LIC’s shares were trading 3.07 per cent higher at Rs 661.40.
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