Life Insurance Corporation of India (NSE: LICI)
India
· Delayed Price · Currency is INR | Market Cap | 5.63T |
| Revenue (ttm) | 8.96T |
| Net Income (ttm) | 480.73B |
| Shares Out | 6.32B |
| EPS (ttm) | 66.74 |
| PE Ratio | 13.35 |
| Forward PE | 12.91 |
| Dividend | 12.00 (1.33%) |
| Ex-Dividend Date | Jul 19, 2024 |
| Volume | 978,640 |
| Open | 904.70 |
| Previous Close | 904.80 |
| Day's Range | 890.00 - 904.80 |
| 52-Week Range | 780.00 - 1,222.00 |
| Beta | 0.48 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 7, 2025 |
About NSE: 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
LIC’s market cap rises by Rs 22,351 crore today
Life Insurance Corporation of India (LIC) witnessed its stock price rise by 3.76% to Rs 973.90 in today’s trading session. This surge led to a market capitalization increase of Rs 22,351 crore, bringi...
LIC shares rise nearly 2% as talks emerge about stake in ManipalCigna Health Insurance
Shares of Life Insurance Corporation of India (LIC) surged nearly 2% on November 28 after reports surfaced about the insurer’s plans to acquire a 50% stake in ManipalCigna Health Insurance. This poten...
LIC shares rise nearly 2% on reports of potential stake in ManipalCigna Health Insurance
Shares of Life Insurance Corporation of India (LIC) gained 1.86%, trading at ₹933.35 on NSE as of 9:49 am today, following reports (of Money Control) that the insurer is in advanced discussions to acq...
LIC files appeal against ₹1,050 crore GST demand
Life Insurance Corporation of India (LIC) has filed an appeal before the GST Appellate Authority in Tamil Nadu against a demand order issued by the Joint Commissioner, Chennai, for the financial year ...
LIC increases stake in Patanjali Foods to 5.02%
Life Insurance Corporation of India (LIC) has announced an increase in its stake in Patanjali Foods Limited to 5.02%.
LTIMindtree shares jump nearly 2% as LIC raises stake
LTIMindtree shares surged nearly 2% after the Life Insurance Corporation of India (LIC) increased its stake in the company from 5.033% to 7.034% between March and November 2024. This strategic move si...
'Propaganda tool': Tamil Nadu CM targets LIC over Hindi 'imposition' on website, insurer blames technical snag
Tamil Nadu Chief Minister MK Stalin and other political leaders criticized Life Insurance Corporation (LIC) for allegedly using Hindi predominantly on its website. They called it a form of Hindi impos...
"Linguistic Tyranny": MK Stalin As LIC Website Switches To Hindi In Tamil Nadu
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation o...
Life Insurance Corporation of India: LIC Stock closes 16.38% below 52-week high, 51.92% above 52-week low
Life Insurance Corporation of India (NSE: LICI) ended trading on November 17, 2024, at ₹908.65, reflecting an increase of 1.20%. The stock remains 16.38% below its 52-week high of ₹1,090.35 and 51.92%...
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...