Life Insurance Corporation (LIC) reported a net profit of Rs 15,952 crore for the quarter ended September 30, 2022 (Q2 FY23), from Rs 1,433 crore in the same period last year.
Due to this there could be a surge in investors interest to start accumulating the stock.
If LIC will announce much better dividend than last Qtr Dividend or Bonus Shares then it will bring back the momentum.