Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 189)
189.
Which organization surpassed the State Bank of India (SBI) to become the most valuable Public Sector Undertaking (PSU) with a market capitalization of ₹5.8 Lakh Crore?
Answer: Option
Explanation:
Life Insurance Corporation of India (LIC) achieved a significant milestone by surpassing the State Bank of India (SBI) in market capitalization. With LIC's share price rising over 2% to reach 52-week highs of ₹919.45, its market cap exceeded ₹5.8 Lakh Crore, making it the most valuable PSU. The article explores LIC's impressive comeback, its journey since listing, and the contributing factors to its remarkable revival.
Discussion:
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