LIC New Policy: The country’s largest insurance company Life Insurance Corporation of India has launched a new policy. Its name is Bima Ratna.
LIC New Policy: After listing in the market, LIC i.e. Life Insurance Corporation of India has launched another new policy. This policy has been launched today i.e. on 27th May. After the listing, the company has given this information in BSE. The country’s largest insurance company Life Insurance Corporation of India has launched a new policy.
Its name is Bima Ratna. Although not much information has been given by the company about this policy, but according to the information given in the Bombay Stock Exchange, the company has launched this non-linked, non-participating, individual, savings and life insurance plan category. At the same time, this policy will work in the domestic markets.
The company will release the results on May 30
Let us tell you that after the listing in the stock market, the company announced to present the results of the fourth quarter. The company will present the results of the fourth quarter i.e. January-March quarter on 30 May. During this, the company can also announce dividend.
Life insurance company LIC had recorded good results in its first December quarter. The insurance company had booked a net profit of Rs 235 crore in FY Q3. The company had a profit of about Rs 0.90 crore in the same quarter a year ago.
Recently came IPO
LIC launched its Rs 21,000 crore IPO on 17 May. Despite a lot of craze among the people, LIC IPO was listed at a discount of about 8 percent. After the result of LIC on May 30, there can be a lot of movement in the shares of the insurance company. However, it is not yet decided in which direction it will run.
