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Belrise Industries Shares: Why did LIC, ITC and Belarize Industries become in the headlines today?

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Belrise Industries Shares: Why did LIC, ITC and Belarize Industries become in the headlines today?
Belrise Industries Shares: Why did LIC, ITC and Belarize Industries become in the headlines today?

News India Live, Digital Desk: On May 28, 2025, on Wednesday, ITC, Life Insurance Corporation of India (LIC) and Bellarize Industries are all eyeing shares. After the announcement of the fourth quarter results, LIC shares rose by about 9 percent. The shares of Belarize Industries rose by more than 11 percent in early trade. After the stake sales, ITC shares fell by nearly 5 percent.

ITC share price

1 by British multinational company BAT PLCThe price of ITC declined by about 5 percent after declining its share of Rs 1,613 crore (USD 1.36 billion) in ITC by 2.3 percent. In the afternoon, the stock was trading on a equity share of Rs 419.45 per equity. The FMCG major BSE emerged with the biggest decline in Sensex packs.

ITC shares declined after the British American Tobacco (BAT) selling its stake in ITC through its branch Tobacco Manufacturers (India) Limited.

Belarize Industries shared news

The shares of Bellarize Industries Limited made their debut with more than 11 percent premium on Wednesday. The share on BSE was listed at Rs 98.50 against the issue price of Rs 90. It rose 14.66 percent to Rs 103.20. However, it was later trading at Rs 98.85 per share. The shares were listed at Rs 100 on NSE.

The IPO of Bellarize Industries received huge response from investors and on May 23, it received 41.30 times the last day of the bid. The company is engaged in manufacturing automotive components such as two-wheelers, three-wheelers, four-wheelers, safety systems and other engineering solutions for agricultural vehicles.

Look at LIC shares

In the morning trading, the shares of the Life Insurance Corporation of India (LIC) increased by about 9 percent, as the company registered a net profit of 38 percent in the fourth quarter of 2024-25.

In the morning, the share of the government insurance company on BSE rose 8.83 percent to Rs 948 and increased by 8.80 percent to Rs 948 on NSE. It later started trading at Rs 931.60 with a gain of about 7 percent.

LIC Q4 2024-25 Results Highlights

LIC’s net profit increased by 38 percent to Rs 19,013 crore.

The total income of the insurer was Rs 2,41,625 crore.

In the January-March quarter, LIC’s income from the first year premium also reduced to Rs 11,069 crore.

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