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.
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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.
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.
Fri, Dec 22, 2023
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.
Tue, Oct 04, 2022
LIC Share Target Price: Shares of Life Insurance Corporation (LIC) ended nearly one and half per cent higher to Rs 629.20 per share on the BSE on Tuesday.
Wed, Sep 28, 2022
Shares of Life Insurance Corporation of India (LIC) slipped to a record low on Wednesday.
Fri, Jul 15, 2022
LIC share price target: A day after LIC (Life Insurance Corporation) reported Indian Embedded Value (IEV) at Rs 5,41,492 crore as of March 31, 2022, the stock of the India's largest insurer received a buy tag from brokerage firm Motilal Oswal.
Tue, Jul 05, 2022
LIC IPO share price target: Shares of Insurance Corporation (LIC) surged two and half percent in Tuesday's intraday trade after brokerage firm Motilal Oswal initiated coverage on the stock of India's largest IPO ever
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