The Daily PulseBusiness
LIC makes over 500 crore rupees in a single day as Trent shares jump sharply
Reported by Manish Reddy (Senior Writer) · Economic Times - Markets ·
Reported by one source so far
Photo: Wikimedia CommonsLIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth's stake value nears Rs 4,700 cr. Trent shares rose sharply after a strong Q2 business update, adding over Rs 17,540 crore to its market capitalisation. The surge lifted the value of LIC's stake in the Zudio parent by more than Rs 531 crore in a single session. Trent also crossed 1,000 Zudio stores during the quarter. LIC's holding in Trent gained sharply in value as the retailer's strong Q2 update triggered a sharp rally. (What's moving Sensex and Nifty Track latest market news , stock tips , Budget 2025 , Share Market on Budget 2025 and expert advice , on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest new
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