LIC shares trade at ₹412.70 as bonus issue takes effect

opened ex-bonus on the on Friday, trading at ₹412.70 — down ₹2.30 or 0.55 per cent — following a mechanical price adjustment triggered by the company’s 1:1 bonus share issuance. The record date and ex-date for the bonus issue are both May 29, 2026.

The previous close stood at ₹830.00, with the stock opening at ₹417.60 and touching an intraday high of ₹421.45 and low of ₹411.45 by 10.04 AM. The price adjustment reflects the doubling of outstanding shares under the bonus issue, where one additional share is allotted for every share held.

Early trade showed relatively balanced sentiment, with buy orders accounting for 51.68 per cent of total quantity at 4,79,933 shares against 48.32 per cent on the sell side. Traded volume stood at 20.49 lakh shares, with traded value at ₹85.21 crore. Total market capitalisation was recorded at ₹5,21,812.31 crore.

On a 52-week basis, the stock hit a high of ₹490.00 on June 30, 2025, and a low of ₹360.75 on April 2, 2026. Year-to-date, LIC shares are down 3.26 per cent, underperforming modestly against the Nifty 500’s 3.88 per cent decline in the same period.

LIC carries a symbol P/E of 18.28.

Source



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