All Indians MatterJune 17, 2022
00:06:546.37 MB

LIC stock shock could set back disinvestment push

The LIC IPO was billed as India’s “Aramco moment”. But, with the stock down nearly 30% since listing, it has wiped out $17billion in market value and is among the biggest wealth destroyers among Asian IPOs. What does this mean for the government’s disinvestment targets? Please listen to the latest episode of All Indians Matter.