LIC has surpassed RIL by giving 64% returns to the investors despite being the most valued firm
FinTech BizNews Service
Mumbai, 19 July 2024: Life Insurance Corporation of India (LIC) nation’s biggest insurer has given the highest returns of 74% in the last one year among the top 10 firms by market capitalization and the only non-sensex stock followed by the telecom major Bharti Airtel Ltd with the gain of 68.20 %, the country’s largest public sector lender State Bank of India (SBI) gained 47.64%, according the stock exchange data.
Reliance Industries Ltd (RIL), the Country’s most valued firm by market cap has given only 10.51% returns to its investors.
In the last one year, ICICI Bank Ltd, TCS and Infosys have gained 28.19%, 24.76%, 22.61% respectively, whereas the country’s most valued stock by market capitalization has given a return of 10.61%.
FMCG Major, Hindustan Unilever Ltd has given a return of 1.99%.
HDFC Bank and ITC Ltd are the only two stocks to have given a negative return of 4.21% and 0.79%.
Company Name | Close as on 19 July 2023 (Rs) | Close as on 19 July 2024 (Rs)* | % Change |
Life Insurance Corporation of India | 620.4 | 1080.1 | 74.10 |
Bharti Airtel Ltd | 869.8 | 1463 | 68.20 |
State Bank of India | 601.35 | 887.85 | 47.64 |
ICICI Bank Ltd | 973.65 | 1248.15 | 28.19 |
Tata Consultancy Services Ltd | 3471 | 4330.25 | 24.76 |
Infosys Ltd | 1474.35 | 1807.7 | 22.61 |
Reliance Industries Ltd | 2840 | 3138.35 | 10.51 |
Hindustan Unilever Ltd | 2671.75 | 2725 | 1.99 |
ITC Ltd | 478.85 | 475.05 | -0.79 |
HDFC Bank Ltd | 1684.85 | 1613.9 | -4.21 |
| |||
*As on 10:45 am | Source: BSE |
