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.
More >
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 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.
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.
Tue, Jan 24, 2023
LIC despite ceding share to private players, has retained 37 per cent market share in individual annual premium equivalent (APE) in FY22.
Tue, Jan 17, 2023
LIC shares struggled below the flatline amid choppy trade on Tuesday, after JPMorgan downgraded the state-run insurance giant to 'neutral' and reduced its target price by seven per cent. Here's what analysts suggest investors may do.
Fri, Sep 02, 2022
More than 95 per cent of LIC's individual business in terms of premium is sourced through agency force. It is less than 3 per cent through bancassurance channels.
Thu, Aug 25, 2022
The company was primarily in the metal recovery business, producing low Ferro manganese. However, it disposed of the recovery plant and entered the electrical sector a few years ago through its subsidiary.
Mon, Jun 06, 2022
The stock was trading lower for the fifth straight session, tumbling by over 4.5 per cent during the period as compared to a 0.24 per cent rise in the S&P BSE Sensex during the same period.
Tue, May 17, 2022
LIC shares got listed at Rs 867 per share on the BSE and Rs 872 per share on the NSE, against the issue price of Rs 949 per share at the upper price band.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
