LIC minting money with both hands: 15 stocks it holds surged up to 320% this year - News Summed Up

LIC minting money with both hands: 15 stocks it holds surged up to 320% this year


Shares of Bombay Dyeing rose to Rs 204.60 as of November 27, 2017 from Rs 48.80 on January 2. Emkay Global Financial Services has a ‘buy’ rating on Sterlite with a target price of Rs 318.Stock picker Porinju Veliyath recently said he was buying shares of DMC Shriram since it was at Rs 50. At present, the stock is hovering at Rs 557. He said DCM Shriram was a risk-free company and he would continue to hold it.Among others, Dewan Housing , KEC International, JP Associates, Jindal Saw Tata Global , PC Jewellers, TVS Motor , RCF and GNFC have delivered returns in excess of 100 per cent to LIC between January and November this year. Among all the consumer categories , jewellery has the largest share of the unorganised segment, both in absolute and percentage terms,” Motilal Oswal said.


Source: Economic Times November 29, 2017 05:40 UTC



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