LIC-Backed PSU Signs MoU for 900 MW Upper Karnali Hydro Electric Project in Nepal – LIC Boosts Stake Over Last 2 Quarters! LIC-Backed PSU Signs MoU for 900 MW Upper Karnali Hydro Electric Project in Nepal – LIC Boosts Stake Over Last 2 Quarters! The company’s shares have delivered an impressive multibagger return of over 300 per cent to its shareholders. Rakesh Deshmukh / Wednesday, September 11, 2024 / Article rating: 3.9 The company’s shares have delivered an impressive multibagger return of over 300 per cent in just 2 years.