Shares of Life Insurance Corporation of India (LIC) jumped more than 6 per cent on Thursday, with its market valuation climbing to Rs 6.99 lakh crore, making the firm the fifth most valued company.
The stock climbed 5.86 per cent to settle at Rs 1,106.25 apiece on the BSE. During the day, it zoomed 9.51 per cent to hit its record high of Rs 1,144.45.
On the NSE, it jumped 6.46 per cent to Rs 1,112 a share.
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