Fri, Aug 09, 2024
LIC's Assets Under Management (AUM) increased to Rs 53,58,781 crore as of June 30 as compared to Rs 46,11,067 crore at the end of the same quarter the previous year, registering an increase of 16.22 per cent.
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Tue, May 28, 2024
Focus on LIC shares. Target of double digit growth in FY25. Where did the results get support from? What do brokerages think after the results?
Fri, Feb 09, 2024
Life Insurance Corporation of India (LIC) witnessed a remarkable surge of over 4% on February 9, following robust quarterly earnings for the period ending December 2023. The state-run insurer reported a 49% year-on-year increase in net profit to Rs 9,441 crore, with net premium income growing by 4.67% to Rs 1.17 lakh crore.
Thu, Feb 08, 2024
Life Insurance Corporation of India's shares rose by 8% on Feb 8, surpassing Rs 1,100 per share before their quarterly results. LIC's board will convene later today to review their December quarter earnings and interim dividend. With this surge, LIC's market capitalisation has exceeded Rs 7 lakh crore, making it India's most valuable state-run company, with State Bank of India following closely behind.
Wed, Jan 17, 2024
LIC shares have gained over 26 per cent in a year, against the Nifty 50's rise of over 20 per cent. Meanwhile, SBI shares have gained over 5 per cent.
Wed, Jan 10, 2024
LIC's market share improved, LIC's premium and market share increased. Market share increased by 0.12% in December. What is the target of Goldman Sachs on LIC? Know complete details in this video....
Thu, Jan 04, 2024
Life Insurance Corporation shares rose for a second day, gaining 1% despite receiving GST demands totaling Rs 667.5 crore from three states. LIC will appeal the demands related to alleged improper Input Tax Credit claims.
Mon, Jan 01, 2024
The LIC stock closed at Rs 833.30 on Friday evening before starting the trading session on Monday at Rs 831.95. The stock ended its trading session up by 3.01 per cent at Rs 858.35 on Monday.
Fri, Dec 22, 2023
Big relief to LIC from the government - Relaxation in minimum shareholding rule, how much benefit to LIC shareholders? How will be the future growth of LIC? Know complete details from Varun Dubey...
Life Insurance Corporation of India (LIC) stock reaches a new 52-week high after the government grants a one-time exemption to achieve the 25% minimum public shareholding (MPS) requirement within 10 years. This exemption bolsters investor confidence, driving the stock price up over 5%. Learn more about this development and its potential impact on LIC's trajectory.
Thu, Aug 10, 2023
The stock opened higher and later rose further around 0.7 per cent to hit a high of Rs 648.45 per share on BSE. LIC shares have rebounded nearly 21 per cent from its 52-week low level hit on March 28, 2023.
Tue, Jan 03, 2023
Domestic brokerage firm Kotak Institutional Equities has initiated a Buy rating on LIC with a target price of Rs 1,000, implying 40% upside from current level.
Tue, Dec 20, 2022
Will LIC share rise in future? Will LIC share fall? What are the triggers behind the movement in LIC share? Know from Arman and Nupur.
Thu, Aug 25, 2022
LIC Share Dividend 2022 Record Date: LIC NSE: LICI will pay a dividend of Rs 1.50 per share to its shareholders. LIC share price has declined 18 per cent since its listing in May. LIC is the country's largest insurer.
Fri, Jun 10, 2022
The free fall in LIC shares continued as they dropped to a fresh low of Rs 709.20 per share in Friday's intraday trade on the BSE.
Wed, Jun 01, 2022
In the first-ever quarterly result of LIC after being listed on the bourses last month, the insurance behemoth reported a 17 per cent decline in consolidated net profit to Rs 2,409 crore for the fourth quarter ended March 2022 against Rs 2,917 crore in the same quarter a year ago
Tue, May 17, 2022
Life insurance corporation ipo lister today in share market with discounted price. The stock was listed at Rs 867 with 9 per cent discount on BSE and Rs 872 with 8 per cent discount on NSE.
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