Life Insurance Corporation of India

LICI19 Jun 2024
Insurance
-24.10 (-2.28%)
Lowest Today
Highest Today
Today’s Open
Prev. Close
52 Week High
52 Week Low
To Invest in Life Insurance
Life Insurance Corporation of India
Insurance
LICI19 Jun 2024
-24.10 (-2.28%)
OverviewFundamentals
1D
1M
6M
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Life Insurance - Share Price & Details

Lowest Today
1024
Highest Today
1062.8
Today’s Open
1060
Prev. Close
1056.1
52 Week High
1175
52 Week Low
597.65
Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
70.81%
Upper Circuit
Lower Circuit
P/E TTM
16.05
P/B Ratio
7.97
Traded Value(Cr)
0.00
EPS TTM
64.31
Book value
Dividend
0.97%

Price Performance

4.92 %
1 Wk
8.40 %
1 M
16.75 %
3 M
70.81 %
1 Y
23.04 %
YTD

Traded Volume Movement

Technical Details

Support 3
975
Support 2
1000
Support 1
1016
Pivot Point :
1040
Resistance 1
1056
Resistance 2
1080
Resistance 3
1097

Reports

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
Life Insurance Corporation of India
₹1,032.00(-24.10/-2.28%)
1,032.00-24.10652,739.7670.8116.057.97
380.70-6.8066,790.01106.0110.281.28
New India Assurance Company Ltd
₹238.05(-4.40/-1.81%)
238.05-4.4039,230.6498.9734.751.40
SBI Life Insurance Company Ltd
₹1,448.75(-25.10/-1.70%)
1,448.75-25.10145,095.1315.0876.619.73
601.40-4.5086,693.8410.35101.768.16
HDFC Life Insurance Company Ltd
₹595.95(-5.70/-0.95%)
595.95-5.70128,185.52-3.9681.758.75

About Life Insurance Corporation of India

Life Insurance Corporation of India is in the Insurance sector, having a market capitalization of Rs. 652739.76 crores. It has reported a sales of Rs. 152542.71 crores and a net profit of Rs. 13762.64 crores for the quarter ended December 2018. The company management includes Siddhartha Mohanty, Siddhartha Mohanty,Ranjan Sharma,Vinod Kumar Verma,Anil Kumar,Anjuly Chib Duggal,G.Mahalingam,Raj Kamal,V S Parthasarathy,M P Vijay Kumar,Sanjeev Nautiyal,Maruthi Prasad Tangirala,Sat Pal Bhanoo,MINI IPE,Jagannath Mukkavilli,Tablesh Pandey,Pawan Agrawal,Anshul Kumar (Life Insurance Corporation of India) among others.
Chairman
Siddhartha Mohanty
Registered office
Yogakshema,Jeevan Bima Road Nariman Point,Mumbai,Maharashtra,400021
FAX :
Background
Incorporation Year1956
Face Value₹10
Market Lot1

Latest News

Technical View: Nifty may consolidate before marching towards 24,000
The Nifty 50 index snapped a five-day winning streak, closing 42 points lower at 23,516, forming a bearish candlestick pattern. Despite this, experts expect the index to consolidate and then move northward towards the 23,800-24,000 zone, with immediate support at the 23,400 area, as the overall trend remains positive.
19 Jun 2024 | 05:53 PM
📢 Benchmark indices close marginally flat today; Nifty around 23,550
📈 Domestic benchmark indices closed on a flat note on 19th June,2024
📢 At 3:30 PM, the Sensex gained 36.45 points or 0.5% at 77,337.59, and the Nifty was down by 41.90 points or 0.18% at 23,516.00.
📊Among sectoral, Nifty Bank (⬆️1.90%) turned out to be the best performer while Nifty Infra (⬇️1.77%) saw considerable selling.
19 Jun 2024 | 03:41 PM
📢 Benchmark indices open on a flat note today; Nifty near 23,550
📈 Amid mixed global cues, benchmark indices started on a flat note today.
📊 At 9:16 AM, the Sensex gained 106.60 pts or 0.14% at 77,407.74 and the Nifty was up 22.20 pts or 0.09% at 23,580.10. 📢Chambal Fertilisers (⬆️4.23%), Muthoot Finance (⬆️1.16%) and City Union bank (⬆️1.10%) appeared as the top performers on the Nifty50 at open. Indus Towers, Gland Pharma, ZEE stocks are in focus today.
19 Jun 2024 | 09:23 AM
Indices touch new peaks, Sensex tops 77,000 mark
India's equity benchmarks, Sensex and Nifty, reached new highs, with Sensex closing above 77,000 for the first time, gaining 308.3 points (0.4%) to 77,301.1, and Nifty rising 92.3 points (0.39%) to 23,557.9. Both have gained over 7% since June 4. The Nifty Midcap 150 and Nifty Smallcap 250 indices hit record highs, with foreign portfolio investors buying shares worth ₹2,569 crore.
19 Jun 2024 | 09:15 AM
What to expect from Indian stock market in trade on June 19?
📌Indian benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday, with the Gift Nifty indicating a positive start.
📌The Nifty 50 rose 0.39% to close at a record 23,557.90 on Tuesday, with a target of 23,950 in the near term.
📌The Bank Nifty rallied 0.88% to close at 50,441, with a potential target of 51,000.
19 Jun 2024 | 08:45 AM

How to buy Life Insurance shares on nse?

To buy Life Insurance shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Life Insurance share price today?

The Life Insurance shares price on nse is Rs.1032 today.

What is the market cap of Life Insurance shares on BSE ?

The company has a market capitalization of Rs.652739.76Cr

What is the PE & PB ratio of Life Insurance shares ?

PE is 16.05 and PB is 7.97

What is the 52 Week High and Low of Life Insurance shares?

Life Insurance stock price high: Rs.1175 Life Insurance stock price low: Rs.597.65

What will be the future of Life Insurance Corporation shares?

The Life Insurance Corporation of India (LIC) is a government-owned insurance company which is  headquartered in Mumbai, India. Founded in 1956, it is the largest Indian insurance company in terms of market share, asset value and customer base.

The future of Life Insurance Corporation shares will largely depend on many factors, including industry trends, market conditions, economic growth, the company’s operations and  management, and other elements that may affect the company's financial performance.

Given all this, as on 26th April 2023,the Life Insurance Corporation has given returns of -20.41 % in the past 3 months, and -28.77 % YTD on its stock. 

 

What are the factors that influence the share price of Life Insurance Corporation?

The life insurance sector in India is a highly competitive one. Currently, insurers are aiming for more penetration into the sector, and insurance companies are providing many incentives to draw in customers. Nonetheless, certain factors may influence the share price of the Life Insurance Corporation, and these are mentioned below: 

  • Macroeconomic factors like the GDP, interest rates, government policies and inflation. 
  • Performance of the insurance sector
  • Performance of the Life Insurance Corporation of India
  • Regulations
  • Market sentiment

What is the long-term growth potential of Life Insurance Corporation?

The insurance sector in India is highly competitive. Companies are in stiff competition to reach new targets in terms of securing clientele. This is even harder in India as there is a lack of penetration in the insurance market. The Life Insurance Corporation of India has been a significant player in the sector of insurance in India. It is an established company and has been around since 1956. 

In terms of its long-term growth potential, LIC is well placed to capitalise on India's large and evolving population, the rising disposable income of people, and gradually increasing demand for insurance products. The company has an extensive network of agents and branches throughout India and this gives it a competitive edge. It has a robust brand recognition and a reliable reputation as well. 

Along with all this, the Indian government's aims to increase insurance penetration through policy initiatives like the Atal Pension Yojana, the Pradhan Mantri Jan Dhan Yojana and the Pradhan Mantri Fasal Bima Yojana may potentially create substantial opportunities for the Life Insurance Corporation in the future.

What is the upcoming dividend for Life Insurance Corporation shares?

The Life Insurance Corporation was listed in May 2022, and after that only one dividend payout was issued in August 2022. There has been no announcement of any upcoming dividend on LIC shares so far. 

How often are dividends paid on Life Insurance Corporation shares?

So far, only one dividend payout has been issued in August 2022 for Life Insurance Corporation shares.