Life Insurance Corporation of India (NSE: LICI)
India
· Delayed Price · Currency is INR | Market Cap | 5.75T |
| Revenue (ttm) | 8.96T |
| Net Income (ttm) | 480.73B |
| Shares Out | 6.32B |
| EPS (ttm) | 66.74 |
| PE Ratio | 13.62 |
| Forward PE | 13.17 |
| Dividend | 12.00 (1.32%) |
| Ex-Dividend Date | Jul 19, 2024 |
| Volume | 1,221,192 |
| Open | 905.00 |
| Previous Close | 897.90 |
| Day's Range | 895.60 - 924.50 |
| 52-Week Range | 607.70 - 1,222.00 |
| Beta | 0.48 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 8, 2024 |
About LICI
Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It offers insurance plans, including endowment, whole life, term insurance plans, money back, and term assurance plans, as well as riders comprising accidental death and disability benefit, critical illness benefit, and premium waiver benefit riders. The company also provides pension, unit linked, micro insurance, withdrawal, and health plans, as well as various group schemes. Life Insurance Corporation of India was incorporat... [Read more]
Financial Performance
In 2023, LICI's revenue was 8.48 trillion, an increase of 7.99% compared to the previous year's 7.85 trillion. Earnings were 424.29 billion, a decrease of -0.57%.
Financial StatementsNews
Life Insurance Corporation of India’s market cap gains Rs 6,131.67 crore as stock rises 1.07% today
Shares of Life Insurance Corporation of India (LIC) increased by 1.07% today, with the stock price moving up from ₹897.90 to ₹907.55. This rise in price has led to an estimated increase in the company...
Life Insurance Corporation of India’s market cap gains Rs 5,372 crore as stock surges 1%
Life Insurance Corporation of India (LIC) saw a positive trading session on November 12, 2024, with its share price increasing by 0.99% to Rs 927.55. This uptick contributed to a significant gain in t...
Life Insurance Corporation of India (LIC) shares surge 2% on brokerage upgrades
Shares of Life Insurance Corporation of India (LIC) jumped over 2% on Tuesday after JPMorgan upgraded its rating from ‘Underweight’ to ‘Overweight’ and raised the target price to ₹1,075 from ₹790. Thi...
JPMorgan upgrades LIC to ‘Overweight’ with target price of Rs 1,075, expecting 17% upside
JPMorgan has upgraded its rating on Life Insurance Corporation (LIC) from ‘Underweight’ to ‘Overweight’ and raised the target price to ₹1,075 from ₹790, suggesting a potential 17% upside from the curr...
Bernstein maintains ‘Market Perform’ rating on LIC with 30% upside from current market price, target price of Rs 1,190
Bernstein has reiterated its ‘Market Perform’ rating on Life Insurance Corporation (LIC), setting a target price of ₹1,190, indicating a potential upside from the current market price of ₹915.55. Key ...
LIC Q2 FY25 results: Net premium income rises 11.5% YoY to ₹1.20 lakh crore, PAT declines 3.8%
Life Insurance Corporation of India (LIC) has released its consolidated financial results for Q2 FY25, reporting mixed performance across key metrics. The company saw an increase in net premium income...
Lic Q2 FY25 results: Net profit jumps 27.9% YoY to ₹7,728.68 crore, first-year premium grows by 11.5% to ₹11,244.83 crore
Life Insurance Corporation of India (LIC) has reported impressive financial results for the second quarter of FY25, showcasing strong growth in both profit and premium income. LIC’s net profit for the...
Kolkata's 237-year-old building has survived earthquakes and cyclones, can stand for 100 more years: Expert
A historic 237-year-old building on 9 Chowringhee Road in Kolkata faces potential decay due to neglect and lack of repairs by its current owner, Life Insurance Corporation of India. Despite its curren...
Bombay high court denies immediate relief to LIC over staff requisition for Maharashtra elections
The Bombay High Court has not provided immediate relief to the Life Insurance Corporation of India, which contested the requisitioning of nearly 80 percent of its staff for Maharashtra's State Assembl...
Default not dead staffer’s fault, LIC ordered to pay 4.8L claim to his kin
A consumer court in New Delhi mandates Life Insurance Corporation and Municipal Corporation of Delhi to pay Rs 4.8 lakh plus compensation to the kin of a deceased cleaning staff member due to negligen...
LIC unveils new testing centrein capital city
Life Insurance Corporation (LIC) has inaugurated a cutting-edge Testing Centre of Excellence in Bhubaneswar, equipped with advanced automation technologies to streamline insurance claims and enhance c...
Hyundai Motor India IPO Opens Today: 10 key things to know before subscribing
Hyundai Motor India, owned by Hyundai Motor Company, is launching one of the biggest IPOs in India this week, following the Life Insurance Corporation’s ₹21,000 crore public issue in 2022. Here are 10...
HSBC, Morgan Stanley, Nomura, and CLSA on life insurance: Strong APE growth in September driven by LICI and private players
HSBC on Life Insurance: HSBC noted that the individual annualised premium equivalent (APE) growth in September 2024 was driven primarily by Life Insurance Corporation of India (LICI). The growth in th...
Hyundai aims to raise up to $3.3 billion in record India IPO
Hyundai Motor Co aims to raise up to $3.3 billion through an IPO of its Indian subsidiary, setting a record in the country. The IPO values the unit at $19 billion at the upper price range. The entire ...
LIC India sees major block deal worth Rs 96.80 crore
Life Insurance Corporation of India (LIC) witnessed a significant block deal involving 1,010,370 shares at a price of ₹958.10 per share, resulting in a transaction worth ₹96.80 crore. The block deal o...
LIC raises stake in Apollo Tyres to 5.03% through open market purchase
Life Insurance Corporation of India (LIC) has increased its stake in Apollo Tyres Ltd. to 5.03%, up from 4.983%, following an open market purchase of 300,000 shares. The acquisition brings LIC’s total...
S Sunder Krishnan resigns as Chief Risk Officer of LIC effective September 25, 2024
Life Insurance Corporation of India (LIC) announced that S Sunder Krishnan has resigned from his position as Chief Risk Officer. The resignation, submitted on September 24, 2024, has been accepted, an...
Reliance Infra shares surge 48% this week on company’s settlement with Adani Group and LIC
Reliance Infrastructure shares jumped more than 48% this week after the company’s settlement with Adani Group and LIC. The recently firm announced the completion of a One-Time Settlement with the Life...
Reliance Infra shares surge 6% following company’s settlement with Adani Group and LIC
Reliance Infrastructure shares jumped more than 6% in morning trade after the company’s settlement with Adani Group and LIC. The company has recently announced the successful completion of a One-Time ...
Reliance Infrastructure completes ₹600 crore one-time settlement with LIC
Reliance Infrastructure Limited (BSE Scrip Code: 500390, NSE Symbol: RELINFRA) has announced the successful completion of a One-Time Settlement (OTS) with the Life Insurance Corporation of India (LIC)...
LIC increases its stake in Biocon to 5.03%
The Life Insurance Corporation of India (LIC) has announced an increase in its equity shareholding in Biocon Ltd
LIC reduces stake in Aurobindo Pharma to 2.26% from 5.01%
Life Insurance Corporation of India (LIC) has announced a reduction in its shareholding in Aurobindo Pharma Ltd. LIC’s stake in the company has decreased from 5.01% to 2.265% of the paid-up capital, w...
LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer...
LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial y...
Tax authorities send Rs 606 crore GST demand notice to LIC
Life Insurance Corporation of India (LIC) has received a demand notice for Rs 605.58 crore from tax authorities for short payment of GST in the financial year 2019-20. The notice, which includes inter...