The elephant that can not dance!  Emkay begins coverage of the LIC with a 12-month target below the IPO price

The elephant that can not dance! Emkay begins coverage of the LIC with a 12-month target below the IPO price – Mail Bonus

NEW DELHI: It is fair to say that the Life Insurance Company (LIC) of India has disappointed its investors in the first two weeks of listing. Most days since it was listed on May 17, the share price has fallen to minus. It is now down more than 15 percent from its 949 Rs issue …

The elephant that can not dance! Emkay begins coverage of the LIC with a 12-month target below the IPO price

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