Shares of Life Insurance Corporation of India (LIC) jumped nearly 9% to Rs 1,130 on Monday's intraday trade on BSE after the firm received a tax refund of Rs 21,740.77 crore from the Income Tax Department on February 15, 2024. The refund is for assessment years 2012-13, 2013-14, 2014-15, 2016-17, 2017-18, 2018-19 and 2019-20.