LICI

Life Insurance Corporation of India (LIC) Share Price

₹904.70 -0.1 (-0.01%)

24 Dec, 2024 09:15

SIP TrendupStart SIP in LICI

Start SIP

Performance

  • Low
  • ₹898
  • High
  • ₹905
  • 52 Week Low
  • ₹780
  • 52 Week High
  • ₹1,222
  • Open Price₹905
  • Previous Close₹905
  • Volume21,943

Investment Returns

  • Over 1 Month + 1.72%
  • Over 3 Month -12.4%
  • Over 6 Month -11.64%
  • Over 1 Year + 14.13%
SIP Lightning

Smart Investing Starts Here Start SIP with Life Insurance Corporation of India (LIC) for Steady Growth!

Invest Now

Life Insurance Corporation of India (LIC) Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 13.8
  • PEG Ratio
  • 1.2
  • Market Cap Cr
  • 572,223
  • P/B Ratio
  • 6.9
  • Average True Range
  • 21.3
  • EPS
  • 65.65
  • Dividend Yield
  • 1.1
  • MACD Signal
  • -2.04
  • RSI
  • 39.05
  • MFI
  • 33.01

Life Insurance Corporation of India (LIC) Financials

Life Insurance Corporation of India (LIC) Technicals

EMA & SMA

Current Price
₹904.70
-0.1 (-0.01%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹928.45
  • 50 Day
  • ₹942.97
  • 100 Day
  • ₹964.16
  • 200 Day
  • ₹953.80

Resistance and Support

901.43 Pivot Speed
  • R3 924.57
  • R2 915.73
  • R1 910.27
  • S1 895.97
  • S2 887.13
  • S3 881.67

What's your outlook on Life Insurance Corporation of India (LIC)?

You can only vote for once

Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Life Insurance Corporation of India (LIC) is the largest insurance company in India, offering a wide range of life insurance products, including term plans, endowment policies, and pension schemes. LIC serves millions of customers across the country.

Life Insurance Corporation has an operating revenue of Rs. 895,854.62 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 5% is okay, ROE of 49% is exceptional. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 82 which is a GOOD score indicating consistency in earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 100 indicates it belongs to a poor industry group of Insurance-Diversified and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

View More

Life Insurance Corporation of India (LIC) Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-08 Quarterly Results
2024-08-08 Quarterly Results
2024-05-27 Audited Results & Final Dividend
2024-02-08 Quarterly Results & Interim Dividend
2023-11-10 Quarterly Results
Date Purpose Remarks
2024-07-19 FINAL Rs.6.00 per share(60%)Final Dividend
2024-02-21 INTERIM Rs.4.00 per share(40%)Interim Dividend
2023-07-21 FINAL Rs.3.00 per share(30%)Final Dividend
2022-08-26 FINAL Rs.1.50 per share(15%)Dividend

Life Insurance Corporation of India (LIC) F&O

Life Insurance Corporation of India (LIC) Shareholding Pattern

96.5%
1.02%
0.04%
0.16%
0%
1.8%
0.48%

About Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai, Maharashtra. LIC is India’s biggest insurance company and the largest institutional investor investing in other Indian companies. The total assets under management of LIC are worth ₹ 41.66 lakh crore as of September 2022. LIC is publicly managed and is under the direct ownership of the Government of India and the administrative control of the Indian Ministry of Finance. 

According to LIC’s exchange filing, the publicly-owned life insurance company witnessed a 112% increase in its standalone net profit in the fourth quarter of FY22. LIC’s standalone net profit for the Q4 of FY22 stood at ₹ 2,371.5 crore. Furthermore, LIC witnessed a multi-fold rise in its annual net profits, which stood at ₹ 35,997 crore, with its net commission rising 5% to ₹ 8,428 for the last quarter. 

LIC has an extensive network of physical branches in India, with numerous branches overseas that provide a host of insurance products such as life insurance plans, pension plans, ULIPs, micro insurance plans, withdrawal plans and health insurance plans. 

As an institutional investor, LIC has a diversified portfolio of ₹ 10 lakh crore with as marsny as 273 stocks in its portfolio. In terms of current market value, Reliance Industries is the largest holding for LIC, with a value of ₹ 1.06 lakh crore. In 2022, LIC was ranked 98th on the 2022 Fortune Global 500 list, with an income of ₹ 1.31 lakh crore. 

LIC – History 

In 1818, Bipin Das Gupta set up India’s first insurance company, named the Oriental Life Insurance Company, in Kolkata to provide insurance to the Indians. It was the same when Surendranath Tagore founded the Hindustan Insurance Society, which later became the Life Insurance Corporation. These two companies started the insurance revolution in India, leading to the first two decades of the twentieth century witnessing 176 insurance companies with a valuation of ₹ 298 crore. However, in 1956, Feroz Gandhi highlighted the matter of insurance fraud, which led to the Indian government creating the Life Insurance Corporation Act and forming LIC on 1st September 1956. 

In the 2021 Union Budget, the Indian Finance Minister Nirmala Sitharaman announced that the Indian government would sell a 3.5% stake or 31.6 crore shares in LIC to the general public. The Indian government opened the biggest-ever Indian IPO on May 4, 2022, and raised ₹ 21,000 crores, valuing the company at a staggering ₹ 4.48 lakh crore. LIC shares got listed on the stock exchanges on May 17th, 2022, with the LIC share price opening at Rs 867.20, a discount of 8.62% to the issue price of ₹ 949. 
 
Currently, LIC operates eight zonal offices located in Chennai, Delhi, Hyderabad, Mumbai, Kolkata, Kanpur, Patna and Bhopal. Furthermore, LIC also operates the LIC Golden Jubilee Foundation, which aims to promote education, minimise poverty and raise the standard of living of Indian citizens. 

LIC – Awards 

LIC stock price and its steady increase over the past year from the brief lows have provided a profitable way for investors to earn through dividends and capital appreciation with low risk. LIC has been given numerous awards as the biggest insurance provider in the country. Here are the awards for the year 2021-22: 

  • ACEF Award
  • Ashirwad Award
  • CFBP Jamna Lal Bajaj Award 
  • Dun and Bradstreet Award 
  • Economics Times BFSI Award Best Brand 
  • FICCI Insurance Industry Award Best Campaign Award
  • FICCI Insurance Industry Award Special Jury Award
  • India's Most Trusted Insurance Brand Award Honored by Insurance Alerts
  • Marksmen-Daily-Excellence-in-the-BFSI-Industry
  • National Award For Excellence in Digital Marketing 7th Edition Digital Advertising Award
  • World BFSI Congress Award Customer Service Excellence Award
  • World BFSI Congress Award Operational Excellence Initiative of the Year

LIC – Some Important Facts 

Here are some interesting facts about LIC stock price and the company: 

  • As an institutional investor, LIC has investments in a host of industries, such as construction, infrastructure, banks, chemicals and fertilisers, healthcare hotels, etc. The investments and their current performance also affect the LIC share price today.  
  • LIC has nearly 19 crore policyholders with a 74.6% market share when it comes to the number of policies issued. 
  • LIC has an 81.1% market share in terms of group policies it has issued for the financial year 2021. 


LIC has always been a household name in India when it comes to buying insurance policies. However, with the government listing LIC shares on the stock market, investments made based on LIC share price history also allow investors to diversify their portfolios. However, as LIC shares have consolidated in the past year, review the LIC stock price today before investing. 

View More
  • NSE Symbol
  • LICI
  • BSE Symbol
  • 543526
  • Managing Director & CEO
  • Mr. Siddhartha Mohanty
  • ISIN
  • INE0J1Y01017

Similar Stocks to Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India (LIC) FAQs

Life Insurance Corporation of India (LIC) share price is ₹904 As on 24 December, 2024 | 09:01

The Market Cap of Life Insurance Corporation of India (LIC) is ₹572222.5 Cr As on 24 December, 2024 | 09:01

The P/E ratio of Life Insurance Corporation of India (LIC) is 13.8 As on 24 December, 2024 | 09:01

The PB ratio of Life Insurance Corporation of India (LIC) is 6.9 As on 24 December, 2024 | 09:01

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Q2FY23