₹986.1▲1.18%
0.92%
Low
Day's Volatility:3.21%
High
2.29%
44.93%
Low
52 Weeks Volatility:64.09%
High
19.16%
Returns % | |
1 Month Return | 8.6 % |
3 Month Return | 11.35 % |
1 Year Return | 77.39 % |
Market Stats | |
Previous Close | ₹974.60 |
Open | ₹979.45 |
Volume | 49.56L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹6,16,434.28Cr |
based on 18 analysts
Based on 18 analysts offering long term price targets for Life Insurance Corporation of India. An average target of ₹1088.83
Source: S&P Global Market Intelligence
Organisation | Life Insurance Corporation of India |
Headquarters | |
Industry | Insurance |
E-voting on shares | Click here to vote |
Key events for Life Insurance Corporation of India
The Indian government has stated that it currently has no plans to sell any further stake in Life Insurance Corporation (LIC), but will explore the option at appropriate times. The sale of another 1.5% stake in LIC is expected after IPO investors are rewarded by the market, making the stock eligible for index funds and attracting a larger long-term investor pool.
LIC Reports Strong Premium Growth; Government Plans Stake Sale - 19 Apr, 2024
LIC reported strong premium growth with a 26.41% increase in total premium collected in March 2024 and a commanding market share of 58.87%. The government plans to sell its stake in LIC in small tranches depending on stock performance and investor appetite.
Analysts Bullish on Life Insurance Corporation of India - 18 Apr, 2024
Prabhudas Lilladher and JM Financial maintain their buy ratings on LIC, with target prices of Rs 1200 and Rs 1222 per share respectively. The analysts see growth opportunities in the company's non-participating book, which is expected to drive VNB margins above 20% levels and provide stability to EV returns.
LIC Invests in HUL and Adani Group Companies - 15 Apr, 2024
Life Insurance Corporation of India (LIC) has increased its stake in Hindustan Unilever Limited and witnessed a 59% increase in value of investments in Adani Group stocks.
LIC Share Price Could Reach Rs 1,400 in a Year or Two - 13 Apr, 2024
Support for LIC stock is at Rs 900 and the next important support is at Rs 840. A decisive break above Rs 1,200 could lead to a target of Rs 1,400. Investors can hold with a stop-loss at Rs 830 and revise it upwards as the price increases.
LIC Stock Up 17%, Announces Senior Management Changes - 10 Apr, 2024
Life Insurance Corporation of India's stock has risen by 17% over the past three months, with exceptional net income growth of 46% over five years. The company also announced changes in its senior management personnel.
LIC Offices to Remain Open for Tax Saving Exercise - 29 Mar, 2024
Life Insurance Corporation of India (LIC) will keep its offices open on March 30 and March 31 to facilitate taxpayers in completing their tax-saving exercise before the closing of the fiscal year. This follows the announcement by banks that their branches will remain open on Saturday and Sunday as directed by RBI earlier this month.
LIC Receives Demand Notice for Underpayment of GST - 28 Mar, 2024
Life Insurance Corporation of India (LIC) has received a demand notice of Rs 178 crore from tax authorities for the underpayment of Goods and Services Tax (GST) spanning two fiscal years. LIC has lodged appeals with tax authorities in Ahmedabad and Bangalore regarding specific GST demands. Additionally, IRDAI has designated LIC, GIC, and New India Assurance as Domestic Systemically Important Insurers (D-Slls), subjecting them to enhanced regulatory supervision.
LIC Identified as D-SII; Emerges as Strongest Global Insurance Brand - 27 Mar, 2024
Life Insurance Corporation of India has been identified as a Domestic Systemically Important Insurer (D-SII) for FY2023-24, while also emerging as the strongest global insurance brand with a brand value of USD 9.8 billion. However, tax authorities have slapped a demand notice of about Rs 39.39 lakh on LIC for short payment of GST in 2017-18.
LIC Shares Rally as Brand Value Remains Steady - 26 Mar, 2024
Life Insurance Corporation of India (LIC) has maintained its position as India's strongest insurance brand with a steady brand value of $9.8 billion, highest premium collection, and an all-time high share price. Technical analysts predict that LIC's shares could reach up to ₹1,300.
Postal Life Insurance Scheme Outpaces Industry Growth - 24 Mar, 2024
The Postal Life Insurance scheme has grown at 14.5% YoY, outpacing the rest of the industry. Private life insurance sector grew by 14%, while LIC's premium base contracted by 8% in FY24.
LIC Increases Stake in LTIMindtree - 22 Mar, 2024
Life Insurance Corporation of India has increased its stake in LTIMindtree from 4.99% to 5.03%, holding 14,906,665 equity shares.
Fundamentals of Life Insurance Corporation of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Best in 1 Year
In the last 1 year, LICI has outperformed top 5 stocks with highest market-cap in Life & Health Insurance
Revenue Rich
Revenue is up for the last 3 quarters, 1.90L Cr → 2.14L Cr (in ₹), with an average increase of 5.8% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 0.06% to 0.15% in Mar 2024 quarter
Retail Holding Up
Retail Investor have increased holdings from 2.44% to 2.49% in Mar 2024 quarter
Price Rise
In the last 6 months, LICI stock has moved up by 57.8%
Profit Spike
Netprofit is up for the last 2 quarters, 8.03K Cr → 9.46K Cr (in ₹), with an average increase of 15.2% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 96.50% of holdings in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 0.79% to 0.68% in Mar 2024 quarter
Life Insurance Corporation of India in the last 5 years
Lowest (8.65x)
July 13, 2023
Today (15.29x)
April 22, 2024
Industry (23.74x)
April 22, 2024
Highest (134.41x)
May 18, 2022
Funds | Holdings |
ICICI Prudential Value Discovery Fund Direct Plan Growth | 0.76% |
Quant ELSS Tax Saver Growth Option Direct Plan | 3.44% |
SBI Contra Fund Direct Growth | 1.06% |
SBI Balanced Advantage Fund Direct Growth | 0.77% |
Quant Active Fund Growth Option Direct Plan | 2.36% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 96.5% | 0.00 | |
Foreign Institutions | 0.14% | 0.00 | |
Mutual Funds | 0.68% | 0.00 | |
Retail Investors | 2.49% | 0.00 | |
Others | 0.18% | 0.00 |
Technicals of Life Insurance Corporation of India share
News & Events of Life Insurance Corporation of India
Life Insurance Corporation of India (LICI) share price today is ₹986.1
Life Insurance Corporation of India is listed on NSE
Life Insurance Corporation of India is listed on BSE
PE Ratio of Life Insurance Corporation of India is 15.29
PE ratio = Life Insurance Corporation of India Market price per share / Life Insurance Corporation of India Earnings per share
Today’s traded volume of Life Insurance Corporation of India(LICI) is 49.56L.
Today’s market capitalisation of Life Insurance Corporation of India(LICI) is ₹616434.28Cr.
Life Insurance Corporation of India(LICI | Price |
---|---|
52 Week High | ₹1175 |
52 Week Low | ₹543 |
Life Insurance Corporation of India(LICI) share price is ₹986.1. It is down -16.08% from its 52 Week High price of ₹1175
Life Insurance Corporation of India(LICI) share price is ₹986.1. It is up 81.60% from its 52 Week Low price of ₹543
Life Insurance Corporation of India(LICI | Returns |
---|---|
1 Day Returns | 11.5% |
1 Month Returns | 8.6% |
3 Month Returns | 11.35% |
1 Year Returns | 77.39% |