🔔 Stake Increase Alert
LIC has increased its stake in LTIMindtree from 5.033% to 7.034% between March 20 and November 19, 2024.
Life Insurance Corporation of India Analyst Rating
based on 18 analysts
72.22%
Buy
22.22%
Hold
5.56%
Sell
Based on 18 analysts offering long term price targets for Life Insurance Corporation of India. An average target of ₹1162.39
Source: S&P Global Market Intelligence
Life Insurance Corporation of India Share analysis
Life Insurance Corporation of India price forecast by 18 analysts
Upside of29.64%
High
₹1385
Target
₹1162.39
Low
₹870
Life Insurance Corporation of India target price ₹1162.39, a slight upside of 29.64% compared to current price of ₹881.95. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Life Insurance Corporation of India revenue growth forecast
Expected growth rate Q1, FY2026:23.59%
Forecast
Actual
Including amortisation and stock based compensations
Life Insurance Corporation of India EPS growth forecast
EPS estimate Q1, FY2026:9.85%
Forecast
Actual
Source: S&P Global Market Intelligence
Life Insurance Corporation of India Performance
Day's Low
Day's High
₹872₹898.9552 Week's Low
52 Week's High
₹607.7₹1,222
| Returns % | |
| 1 Month Return | -3.2 % |
| 3 Month Return | -17.29 % |
| 1 Year Return | + 46.78 % |
| Market Stats | |
| Previous Close | ₹896.65 |
| Open | ₹894.00 |
| Volume | 16.48L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,67,130.92Cr |
Life Insurance Corporation of India Key Statistics
| P/E Ratio | 13.66 |
| PEG Ratio | 2 |
| Market Cap | ₹5,67,130.92 Cr |
| P/B Ratio | 7.06 |
| EPS | 64.69 |
| Dividend Yield | 0 |
| Sector | Insurance |
| ROE | 63.75 |
Life Insurance Corporation of India Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹5,67,130.92 Cr | 0.49% | 0.99 | ₹40,915 Cr | ₹8,45,966 Cr | |
| BUY | ₹1,52,583.00 Cr | 12.76% | 0.98 | NA | NA | |
| BUY | ₹91,119.90 Cr | 6.79% | 0.53 | NA | NA | |
| HOLD | ₹98,994.39 Cr | 7.43% | 0.98 | ₹850 Cr | ₹89,683 Cr | |
| BUY | ₹1,46,458.94 Cr | 3.09% | 0.98 | ₹1,574 Cr | ₹1,01,481 Cr |
Life Insurance Corporation of India Mutual Fund Holdings
About Life Insurance Corporation of India
LIC has various sub-brands that cater to different market segments, such as LIC Housing Finance, which provides home loans, and LIC Mutual Fund, which offers investment services. The company primarily operates in India but has a presence in several countries, including the United Kingdom, Mauritius, Fiji, and Nepal, among others, through joint ventures and partnerships. A notable fact about LIC is that it has a vast network of over 1.2 million agents and a significant market share in India's insurance sector. Another interesting fact is that LIC manages one of the largest pools of investment funds in the country, contributing to its strong financial stability.
As a government-owned entity, LIC's parent organization is the Ministry of Finance, Government of India. The company has not been significantly involved in mergers and acquisitions but has continuously expanded its product portfolio and geographical presence to maintain its market leadership in the insurance sector.
Share Price: ₹881.95 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹5,67,130.92Cr as of today
Revenue: ₹2,31,926.41Cr as on September 2024 (Q3 24)
Net Profit: ₹6,237.15Cr as on September 2024 (Q3 24)
Listing date: 17 May, 2022
Chairperson Name: Siddhartha Mohanty
| 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
LIC Increases Stake in LTIMindtree Significantly - 21 Nov, 2024
Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034%, marking a net increase of 2.001% during the specified period.
Supreme Court Supports LIC in Employee Termination Case - 20 Nov, 2024
The Supreme Court upheld LIC's decision to terminate an employee for 90 days of unauthorized absence, emphasizing the abandonment of service and lack of communication.
LIC Faces Criticism Over Hindi Website Display - 19 Nov, 2024
LIC encountered significant criticism from Tamil Nadu's Chief Minister for its website's Hindi display, labeled as linguistic imposition. The company clarified it was a technical issue, now resolved.
LIC Explores Investment in FRA Bonds - 18 Nov, 2024
LIC of India is in advanced talks with several banks to start investing in Forward Rate Agreement (FRA) bonds, which are primarily traded with banks. This move aims to enhance its investment portfolio.
LIC Stock Performance on November 17, 2024 - 17 Nov, 2024
On November 17, 2024, LIC stock closed at ₹908.65, up 1.20%. It remains 16.38% below its 52-week high of ₹1,090.35 and 51.92% above its low of ₹598.25.
LIC to Enter Health Insurance Market by 2025 - 16 Nov, 2024
LIC plans to enter the health insurance sector in 2025 by acquiring a stake in a standalone health insurance entity, potentially boosting its market share significantly. The health insurance industry in India is projected to grow at a CAGR of 12.5% from 2024 to 2028. LIC aims to leverage its existing customer base while minimizing risks associated with majority ownership.
LIC Stock Rises, Boosting Market Capitalization - 14 Nov, 2024
Life Insurance Corporation of India (LIC) shares rose by 1.07% today, increasing the market cap by ₹6,131.67 crore to approximately ₹5,74,025.17 crore. The stock price moved from ₹897.90 to ₹907.55.
LIC Sells Stake in Tata Power, Maintains Strong Outlook - 13 Nov, 2024
LIC sold a 2.02% stake in Tata Power for Rs 2,888 crore, reducing its holding. Motilal Oswal recommends buying LIC with a target of Rs 1,200, highlighting its strong financial performance despite a slight decline in net profit.
LIC Sees Strong Growth and Strategic Moves - 12 Nov, 2024
LIC's stock performance is bolstered by a JPMorgan upgrade, strong premium growth, and a significant stake reduction in Tata Power. The company reported a 22.5% rise in new business premiums and a 4.29% share price increase following robust Q2 results.
LIC Reports Growth Amid Policy Concerns and Market Optimism - 11 Nov, 2024
LIC plans to enter health insurance while facing scrutiny over policy changes affecting agents. Despite a profit dip, strong premium growth and positive brokerage outlooks support stock valuations.
LIC Reports Strong Premium Growth Despite Profit Decline - 10 Nov, 2024
Life Insurance Corporation of India reported a 20% increase in new business premiums to ₹60,043 crore, surpassing estimates. However, net profit fell by 4% to ₹7,621 crore, indicating mixed financial performance.
LIC Reports Q2 Profit Decline and Future Plans - 09 Nov, 2024
Life Insurance Corporation of India reported a 3.8% decline in Q2 net profit to Rs 7,621 crore. CEO announced plans to consider acquiring a stake in a health insurer this fiscal year.
LIC Reports Q2 Profit Decline Amid Premium Growth - 08 Nov, 2024
Life Insurance Corporation of India reported a 4% decline in Q2 net profit to ₹7,621 crore, despite an 11% rise in premium income to ₹1.19 lakh crore. The company is also exploring a stake purchase in a health insurance firm within FY25.
LIC to Enter Health Insurance Market - 02 Nov, 2024
Life Insurance Corporation (LIC) plans to enter the health insurance sector, aiming for significant market share. The company intends to acquire a majority stake in an existing health insurer, leveraging its strong brand and extensive sales force. This move aligns with government efforts to expand health insurance coverage in India.
LIC Receives GST Demand Notice and Penalty - 31 Oct, 2024
Life Insurance Corporation of India has received a demand notice of Rs 65 crore for short payment of GST for the assessment year 2017-18, along with a penalty of Rs 6.5 crore.
LIC Faces Rs 65 Crore GST Demand Notice - 30 Oct, 2024
Life Insurance Corporation of India has received a GST demand notice of Rs 65 crore for the fiscal year 2017-18, including a penalty of Rs 6.5 crore. Despite this, LIC stated there will be no material impact on its financials or operations.
LIC Plans Entry into Bond FRA Market by FY25 - 27 Oct, 2024
Life Insurance Corporation of India (LIC) is preparing to enter the bond forward rate agreement (FRA) market by the end of FY25 to manage risks in its non-participatory segment.
LIC to Enter Bond Forward Rate Agreement Market - 25 Oct, 2024
Life Insurance Corporation of India (LIC) plans to enter the bond forward rate agreement market by FY25, aiming to mitigate risks and offer guaranteed returns to policyholders. The company is currently preparing for this move.
Insights on 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.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, LICI has outperformed top 5 stocks with highest market-cap in Life & Health Insurance
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.79% to 1.02% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.12L Cr → 2.31L Cr (in ₹), with an average increase of 8.2% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 96.50% of holdings in Sep 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 13.78K Cr → 7.72K Cr (in ₹), with an average decrease of 25.1% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.19% to 0.15% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, LICI stock has moved down by -17.3%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 2.37% to 2.18% in Sep 2024 quarter
Life Insurance Corporation of India Financials
Index Inclusions
Life Insurance Corporation of India Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 96.5% | 0.00 | |
| Foreign Institutions | 0.15% | ||
| Mutual Funds | 1.02% | 28.14 | |
| Retail Investors | 2.18% | ||
| Others | 0.15% | 0.40 |
Life Insurance Corporation of India Key Indicators
Life Insurance Corporation of India Valuation
Life Insurance Corporation of India in the last 5 years
Lowest (8.65x)
July 13, 2023
Today (13.66x)
November 19, 2024
Industry (22.26x)
November 19, 2024
Highest (134.41x)
May 18, 2022
Life Insurance Corporation of India Earnings and Dividends
Life Insurance Corporation of India Earnings Results
Life Insurance Corporation of India’s net profit fell -3.76% since last year same period to ₹7,728.68Cr in the Q2 2024-2025. On a quarterly growth basis, Life Insurance Corporation of India has generated -26.7% fall in its net profits since last 3-months.
Read More about Earnings ResultsLife Insurance Corporation of India Dividends May,2024
In the quarter ending March 2024, Life Insurance Corporation of India has declared dividend of ₹6 - translating a dividend yield of 1.13%.
Read More about Dividends
Life Insurance Corporation of India Technicals Summary
Bearish
Neutral
Bullish
Life Insurance Corporation of India is currently in a Bearish trading position according to technical analysis indicators.
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Life Insurance Corporation of India (LICI) share price today is ₹881.95
Life Insurance Corporation of India is listed on NSE
Life Insurance Corporation of India is listed on BSE
- Today’s highest price of Life Insurance Corporation of India is ₹898.95.
- Today’s lowest price of Life Insurance Corporation of India is ₹872.
PE Ratio of Life Insurance Corporation of India is 13.66
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 16.48L.
Today’s market capitalisation of Life Insurance Corporation of India(LICI) is ₹567130.92Cr.
| Life Insurance Corporation of India(LICI | Price |
|---|---|
52 Week High | ₹1222 |
52 Week Low | ₹607.7 |
Life Insurance Corporation of India(LICI) share price is ₹881.95. It is down -27.83% from its 52 Week High price of ₹1222
Life Insurance Corporation of India(LICI) share price is ₹881.95. It is up 45.13% from its 52 Week Low price of ₹607.7
| Life Insurance Corporation of India(LICI | Returns |
|---|---|
1 Day Returns | -14.7% |
1 Month Returns | -3.2% |
3 Month Returns | -17.29% |
1 Year Returns | 46.78% |