Tue, Nov 12, 2024
Amid considerable growth in premiun during the quarter which the brokerage anticipates to continue going ahead, JP Morgan is bullish on the counter.
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After the company's earnings last Friday, shares of the largest insurer Life Insurance Corporation of India (LIC) traded on a muted note in the previous session. Since the last one month the stock is trading a range of Rs 900-950 per share.
Mon, Nov 11, 2024
With strong premium growth and an improved solvency ratio, LIC appears well-positioned to navigate the challenges of rising benefit payouts, while its emphasis on non-participating policies could support margin expansion in the upcoming quarters.
Thu, Feb 08, 2024
LIC Share: PM Modi's statement in Rajya Sabha - LIC and HAL shares showed good growth, there is no question of selling LIC... Money will still be made in LIC... HOLD? Forget buying LIC for long term. ? Still a lot of value in LIC? LIC investors must see Anil Singhvi's opinion on LIC.
LIC launches Index Plus plan: The minimum age to get insured under this policy is 90 days. The maximum age has been kept at 85 years.
The prime Minister's reply in the Rajya Sabha exposed the Congress' “fake campaign” and "blatant lies" on the issue of PSUs being weakened by the government.
Sun, Feb 04, 2024
The mcap of ICICI Bank advanced by Rs 10,522.67 crore to Rs 7,19,033.83 crore and that of Infosys surged Rs 9,566.79 crore to Rs 7,03,024.44 crore.
Fri, Jan 19, 2024
Shares of the diversified financial services company ended 1 per cent higher at Rs 162.5 ahead of its earnings.
Wed, Jan 17, 2024
In a shift of positions, Life Insurance Corporation of India (LIC) has regained its status as the most valued listed public sector undertaking (PSU) by market capitalisation, surpassing State Bank of India (SBI). As of Jan 17, LIC reached a market cap of Rs 5.64 lakh crore, exceeding SBI's Rs 5.63 lakh crore.
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.
Tue, Jan 16, 2024
Nifty50 ended 0.29 per cent lower at 22,032.3, while Sensex ended 0.27 per cent lower at 73,128.77. Meanwhile, broader markets underperformed the headline indices.
Mon, Jan 15, 2024
At the close, Nifty ended at fresh closing peaks of 22,097.45, up 0.93 per cent or 202.9, while Sensex added 759.49 points or 1.05 per cent at 73,327.94. Meanwhile, India VIX also climbed over 5 per cent.
Fri, Jan 12, 2024
Pursuant to the order of the Income Tax Appellate Tribunal (ITAT), Income Tax Department has issued intimation for a refund of Rs 25,464.46 crore, LIC said in a regulatory filing.
Mon, Jan 08, 2024
In a regulatory filing, LIC said the board has cleared the proposal to invest in a new company, promoted by the NHB, for residential mortgage-backed securities, through equity contribution up to 10 per cent of the share capital.
Fri, Dec 22, 2023
As per SEBI’s MPS ruling, first implemented in 2010, all listed entities in India need to adhere to the MPS norm, which says that 25 per cent of the outstanding equity of the company must be mandatorily held by the public.
Sun, Dec 17, 2023
"I must thank the regulator. The regulator IRDAI has already proposed 'Bima Vistar', a composite product. The product will consist of life, health and property insurance," he said. To sell those products Bima Vahak would be engaged, he said, adding, it will be a women-centric distribution channel model.
Thu, Dec 14, 2023
Available in two variants -- LIC Classic and LIC Select -- the credit cards will let more than 27 crore policyholders across the country save in the form of reward points on every LIC insurance premium payment, as per a joint statement.
Fri, Dec 08, 2023
Indian equities cheered the RBI policy outcome and continued to hit record high after a day's breather. Nifty after logging an all-time high in today's session of 21,006.1 ended at 20,969.,4, up 0.33 per cent, while Sensex added 0.44 per cent or 304 points and settled at 69,825.6.
Thu, Dec 07, 2023
Shares of the pharma major ended with mild losses as the company temporarily closed its Chennai-based plant.
In trade on December 7, the stock marked a new 52-week high of Rs 788, a gain of 5.63 per cent over the previous close.
Wed, Dec 06, 2023
Shares of the speciality chemicals company gained 12 per cent at Rs 2307.6 amid heavy volume in the counter.
Founded and majority owned by the Government of India, Life Insurance Corporation of India Ltd (LIC) is the country’s leading statutory insurance and investment corporatio
Sun, Nov 26, 2023
Customer acquisition is done through three modes--agent, bancassurance and direct sale.LIC gets most of its new customers through its agents.
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