LIC Gains Rs 531 Crore in a Day as Trent Shares Surge 13% on Strong Q2 Update
Life Insurance Corporation of India booked a paper gain of more than Rs 531 crore in a single trading session after Trent shares jumped about 13% on the back of a robust quarterly business update. The rally lifted Trent’s market capitalisation by over Rs 17,540 crore and pushed the value of LIC’s holding in the Zudio parent close to Rs 4,700 crore.
