Life Insurance

LICI22 Apr 2024
Insurance
+1.30 (+0.13%)
Lowest Today
Highest Today
Today’s Open
Prev. Close
52 Week High
52 Week Low
To Invest in Life Insurance
Life Insurance
Insurance
LICI22 Apr 2024
+1.30 (+0.13%)
OverviewFundamentals
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1M
6M
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Life Insurance - Share Price & Details

Lowest Today
972
Highest Today
983.8
Today’s Open
978.6
Prev. Close
973.3
52 Week High
1175
52 Week Low
543
Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
77.39%
Upper Circuit
Lower Circuit
P/E TTM
15.28
P/B Ratio
10.07
Traded Value(Cr)
5.43
EPS TTM
63.78
Book value
Dividend
0.31%

Price Performance

1.36 %
1 Wk
7.53 %
1 M
11.35 %
3 M
77.39 %
1 Y
13.49 %
YTD

Traded Volume Movement

Technical Details

Support 3
958
Support 2
965
Support 1
970
Pivot Point :
977
Resistance 1
982
Resistance 2
989
Resistance 3
994

Reports

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
974.60+1.30616,434.2877.3915.2810.07
329.20+4.6057,754.85117.879.001.30
SBI Life Insurance Company Ltd
₹1,475.40(+27.85/1.92%)
1,475.40+27.85147,756.2133.4479.3910.23
580.30-7.8583,606.8231.0591.467.57
HDFC Life Insurance Company Ltd
₹605.95(+4.40/0.73%)
605.95+4.40130,336.4610.6783.058.89
484.60+1.103,402.050.00117.3221.62

About Life Insurance Corporation of India

Life Insurance Corporation of India is in the Insurance sector, having a market capitalization of Rs. 616307.78 crores. It has reported a sales of Rs. 117016.93 crores and a net profit of Rs. 9444.42 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 (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

Nifty may test 25,800 in run-up to election results, says Prabhudas
Nifty could test levels of 25,810 in the run-up to the General Election 2024 results due on June 4, Prabhudas Lilladher has said in a note while advocating a buy-on-dips strategy. The brokerage has picked 17 stocks as its top bets spanning sectors including capital goods, infra, real estate, logistics/ports, EMS, hospitals, tourism, auto, new energy, e-commerce and telecom.
22 Apr 2024 | 04:07 PM
✅Sensex surges 560 points at the close; Nifty near 22,400
✅ Amid positive global cues, benchmark indices closed on a positive note today.
📢 At 3:30 PM, the Sensex improved by 560.29 points or 0.77% at 73,648.62, and the Nifty was up 189.40 points or 0.86% at 22,336.40 .
📊Among sectoral, Nifty PSU Bank (⬆️3.07%) turned out to be the best performer while Nifty Metal(⬇️0.25%) saw considerable selling.
22 Apr 2024 | 03:37 PM
Mid-day Mood | Broader indices outperform Sensex, Nifty
Benchmark indices Sensex and Nifty continued to trade in green on April 22 afternoon as investors bought across sectors. The cheer was visible in broader markets as well, with BSE Midcap and BSE Smallcap indices outperforming frontline indices. Around noon, the Sensex was up 410.82 points, or 0.56 percent, at 73,499.15, and the Nifty was up 148 points, or 0.67 percent, at 22,295.
22 Apr 2024 | 12:21 PM
FIIs turn net short on Nifty, index futures, cut long bets
Foreign Institutional Investors (FIIs) converted their bullish positions into bearish bets last week due to ongoing geopolitical concerns, turning from net long to net shorts in index futures. FPIs’ (Foreign Portfolio Investors) long-short ratio in NSE index futures flipped to 35 to 65 on Friday, from 56-to-44 a week earlier. Follow our market blog for live updates.
22 Apr 2024 | 11:48 AM
Bank Nifty to see short covering above 48,200 levels
Bank Nifty gained 300 points on April 22 to near the short-term resistance levels​, after ending down 2 percent for the week on April 19. In the early morning trade, the banking index was trading above 47,800, with strong resistance seen at 48,000 / 48,200. Crucial support stands at 47,000 on a closing basis. ICICI Securities suggests that "It is likely to close the April monthly series.
22 Apr 2024 | 11:28 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.974.6 today.

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

The company has a market capitalization of Rs.616434.28Cr

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

PE is 15.28 and PB is 10.07

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.543

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.