Business

Now the shares of these companies are at heights, money doubled in 1 year

Now the shares of these companies are at heights, money doubled in 1 year

Life Insurance Corporation’s stock has performed well compared to HDFC Life and ICICI Prudential Life. According to stock exchange data, LIC’s stock rose from Rs 620 on June 18, 2023 to Rs 1,109.15 on Tuesday.

HDFC LIFE has given negative returns. It closed at Rs 646.55 on BSE on Tuesday. A year ago, HDFC’s stock was Rs 666.55. ICICI Prudential Life Insurance Company has given a return of 12%. Last year the share price was Rs 582, which has increased to Rs 654.10 on June 16, 2024.

SBI Life Insurance gave 23% return

In the last one year, the shares of SBI Life Insurance have increased from Rs 1,314 to Rs 1,621.20, giving investors a return of 23 percent.

According to analysts, Indian insurance companies have not been able to take advantage of the emergence of the infrastructure sector. SBI shares have gained 48% this year. Shares of Kotak Mahindra Bank were at Rs 1895 on June 18, 2023. It closed at Rs 1805.20 on Tuesday.

muskan s

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