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    Life Insurance Corporation Of India (Lic) Share PriceLife Insurance Corporation of India (LIC)

    Large Cap 47.2k Result
    ₹770.95
    -1.5 (-0.19%)
    As on 11 December, 2023 | 18:14 BSE: 543526 NSE: LICIISIN: INE0J1Y01017

    Life Insurance Corporation Of India (Lic) Performance

    Day Range

    • Low 768.00
    • High 783.65
    ₹ 770.95

    52 Week Range

    • Low 530.05
    • High 803.40
    ₹ 770.95
    • Open Price775.00
    • Previous Close772.45
    • Volume2160731

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    Life Insurance Corporation Of India (Lic) Share Price

    • Over 1 Month 26.33%
    • Over 3 Month 13.53%
    • Over 6 Month 28.08%
    • Over 1 Year 14.75%

    Life Insurance Corporation Of India (Lic) Key Statistics

    P/E Ratio 13.1
    PEG Ratio 0.1
    Market Cap Cr 487,626
    Price to Book Ratio 10.5
    EPS 57.5
    Dividend 0.4
    Relative Strength Index 79
    Money Flow Index 94.51
    MACD Signal 24.09
    Average True Range 22.93

    Life Insurance Corporation Of India (Lic) Investment Rating

    • Master Rating:

    • Life Insurance Corporation has an operating revenue of Rs. 789,823.92 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 6% is okay, ROE of 77% is exceptional. The stock from a technical standpoint is comfortably placed above its key moving averages, around 20% and 25% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 11% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 74 indicates it belongs to a poor industry group of Insurance-Diversified and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Life Insurance Corporation of India (LIC) Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 107,39798,363131,761111,788132,10498,352143,746
    Operating Expenses Qtr Cr 193,084183,827204,427190,186203,314162,135209,585
    Operating Profit Qtr Cr 9,1258,0426,97910,41015,4303,0572,833
    Depreciation Qtr Cr 0000000
    Interest Qtr Cr 0000000
    Tax Qtr Cr 1,1651,399947-2,4945,4231,065-58
    Net Profit Qtr Cr 7,9259,54413,4286,33415,9526832,372
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 789,203721,304
    Operating Expenses Annual Cr 745,150707,009
    Operating Profit Annual in Cr 36,39213,506
    Depreciation Cr 465433
    Interest Annual Cr 7685
    Tax Annual Cr 5,3027,902
    Net Profit Annual Cr 36,3974,043
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 59,718-3,135
    Cash from Investing Activity Annual Cr -58,19610,486
    Cash from Financing Annual Activity Cr -949
    Net Cash Flow Annual Cr 5737,350
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 45,66910,409
    Fixed Assets Annual Cr 3,8203,552
    Total Non Current Assets Annual Cr 4,364,2334,039,472
    Total Current Assets Annual Cr 186,279191,118
    Total Assets Annual Cr 4,550,5124,230,590
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 7216
    ROE Annual % 8039
    ROCE Annual % 10
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 62
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 107,87798,755132,223112,297132,63298,805144,159
    Operating Expenses Qtr Cr 193,613184,876206,817191,635205,231163,219210,328
    Operating Profit Qtr Cr 8,4457,2064,7569,45214,0312,6982,861
    Depreciation Qtr Cr 0000000
    Interest Qtr Cr 0000000
    Tax Qtr Cr 1,0841,461991-2,4585,4521,481-31
    Net Profit Qtr Cr 8,0309,63513,1916,34915,8546032,409
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 792,427724,743
    Operating Expenses Annual Cr 748,688718,569
    Operating Profit Annual in Cr 35,9395,245
    Depreciation Cr 466436
    Interest Annual Cr 7787
    Tax Annual Cr 5,4668,013
    Net Profit Annual Cr 35,9974,125
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 54,519-3,783
    Cash from Investing Activity Annual Cr -54,47212,099
    Cash from Financing Annual Activity Cr -949
    Net Cash Flow Annual Cr -9028,316
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 46,23311,337
    Fixed Assets Annual Cr 3,8373,571
    Total Non Current Assets Annual Cr 4,380,8184,055,214
    Total Current Assets Annual Cr 197,673198,844
    Total Assets Annual Cr 4,578,4914,254,058
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 7318
    ROE Annual % 7836
    ROCE Annual % 10
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 61
    Invest in Life Insurance Corporation Of India (Lic)

    Life Insurance Corporation Of India (Lic) Technicals

    EMA & SMA

    Current Price
    ₹770.95
    -1.5 (-0.19%)
    pointer
    • Bullish Moving Average
    • ___
    • 16
    • Bearish Moving Average
    • ___
    • 0
    • 20 Day
    • ₹691.09
    • 50 Day
    • ₹658.55
    • 100 Day
    • ₹644.76
    • 200 Day
    • ₹638.85
    • 20 Day
    • ₹669.23
    • 50 Day
    • ₹642.88
    • 100 Day
    • ₹646.38
    • 200 Day
    • ₹615.45

    Life Insurance Corporation Of India (Lic) Resistance and Support

    PIVOT
    ₹774.2
    Resistance
    First Resistance 780.40
    Second Resistance 789.85
    Third Resistance 796.05
    RSI 79.00
    MFI 94.51
    MACD Single Line 24.09
    MACD 38.18
    Support
    First Resistance 764.75
    Second Resistance 758.55
    Third Resistance 749.10

    Life Insurance Corporation Of India (Lic) Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 7,602,520 253,848,143 33.39
    Week 10,642,602 364,934,836 34.29
    1 Month 4,851,125 163,725,472 33.75
    6 Month 1,789,370 75,386,173 42.13

    Life Insurance Corporation Of India (Lic) Result Highlights

    Life Insurance Corporation of India (LIC) Synopsis

    NSE-Insurance-Diversified

    Life Insurance Corporation of India is a Public Limited Unlisted company incorporated on 01/09/1956 and registered in the State of Maharashtra, India. Company presently involved in the business activities of Life Insurance Business.
    Market Cap 487,025
    Sales 788,658
    Shares in Float 25.30
    No of funds 117
    Yield 0.39
    Book Value 10.7
    U/D Vol ratio 2.1
    LTDebt / Equity
    Alpha -0.01
    Beta 1.26

    Life Insurance Corporation of India (LIC)

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 96.5%96.5%96.5%96.5%
    Mutual Funds 0.59%0.57%0.63%0.66%
    Insurance Companies 0.06%0.07%0.08%0.07%
    Foreign Portfolio Investors 0.1%0.08%0.08%0.17%
    Financial Institutions/ Banks 0.12%
    Individual Investors 2.11%2.17%2.14%2.01%
    Others 0.64%0.49%0.57%0.59%

    Life Insurance Corporation of India (LIC) Management

    Name Designation
    Mr. Siddhartha Mohanty Chairman & Wholetime Director
    Mrs. Mini Ipe Managing Director
    Mr. M Jagannath Managing Director
    Mr. Tablesh Pandey Managing Director
    Mr. Sat Pal Bhanoo Managing Director
    Mr. M P Vijay Kumar Independent Director
    Mr. Sanjeev Nautiyal Independent Director
    Mr. Vinod Kumar Verma Independent Director
    Dr. Ranjan Sharma Independent Director
    Dr. V S Parthasarthy Independent Director
    Prof. Anil Kumar Independent Director
    Mrs. Anjuly Chib Duggal Independent Director
    Mr. Gurumoorthy Mahalingam Independent Director
    Mr. Raj Kamal Independent Director
    Dr. Maruthi Prasad Tangirala Government Nominee Director

    Life Insurance Corporation Of India (Lic) Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Life Insurance Corporation Of India (Lic) Corporate Action

    Date Purpose Remarks
    2023-11-10 Quarterly Results
    2023-08-10 Quarterly Results
    2023-05-24 Audited Results & Final Dividend
    2023-02-09 Quarterly Results
    2022-11-11 Quarterly Results
    Date Purpose Remarks
    2023-07-21 FINAL Rs.3.00 per share(30%)Final Dividend
    2022-08-26 FINAL Rs.1.50 per share(15%)Dividend

    Life Insurance Corporation of India (LIC) MF Shareholding

    Name Amount(cr)
    HDFC Balanced Advantage Fund Growth 63,981
    SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
    ICICI Prudential Balanced Advantage Fund Growth 49,871
    HDFC Flexi Cap Fund Growth 42,271
    ICICI Prudential Bluechip Fund Growth 41,269

    About Life Insurance Corporation Of India (Lic)

    Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai, Maharashtra. LIC is India’s biggest insurance company and the largest institutional investor investing in other Indian companies. The total assets under management of LIC are worth Rs 41.66 lakh crore as of September 2022. LIC is publicly managed and is under the direct ownership of the Government of India and the administrative control of the Indian Ministry of Finance. 

    According to LIC’s exchange filing, the publicly-owned life insurance company witnessed a 112% increase in its standalone net profit in the fourth quarter of FY22. LIC’s standalone net profit for the Q4 of FY22 stood at Rs 2,371.5 crore. Furthermore, LIC witnessed a multi-fold rise in its annual net profits, which stood at Rs 35,997 crore, with its net commission rising 5% to Rs 8,428 for the last quarter. 

    LIC has an extensive network of physical branches in India, with numerous branches overseas that provide a host of insurance products such as life insurance plans, pension plans, ULIPs, micro insurance plans, withdrawal plans and health insurance plans. 

    As an institutional investor, LIC has a diversified portfolio of Rs 10 lakh crore with as many as 273 stocks in its portfolio. In terms of current market value, Reliance Industries is the largest holding for LIC, with a value of Rs 1.06 lakh crore. In 2022, LIC was ranked 98th on the 2022 Fortune Global 500 list, with an income of Rs 1.31 lakh crore. 
     

    LIC – History 

    In 1818, Bipin Das Gupta set up India’s first insurance company, named the Oriental Life Insurance Company, in Kolkata to provide insurance to the Indians. It was the same when Surendranath Tagore founded the Hindustan Insurance Society, which later became the Life Insurance Corporation. These two companies started the insurance revolution in India, leading to the first two decades of the twentieth century witnessing 176 insurance companies with a valuation of Rs 298 crore. However, in 1956, Feroz Gandhi highlighted the matter of insurance fraud, which led to the Indian government creating the Life Insurance Corporation Act and forming LIC on 1st September 1956. 

    In the 2021 Union Budget, the Indian Finance Minister Nirmala Sitharaman announced that the Indian government would sell a 3.5% stake or 31.6 crore shares in LIC to the general public. The Indian government opened the biggest-ever Indian IPO on May 4, 2022, and raised Rs 21,000 crores, valuing the company at a staggering Rs 4.48 lakh crore. LIC shares got listed on the stock exchanges on May 17th, 2022, with the LIC share price opening at Rs 867.20, a discount of 8.62% to the issue price of Rs 949. 
     
    Currently, LIC operates eight zonal offices located in Chennai, Delhi, Hyderabad, Mumbai, Kolkata, Kanpur, Patna and Bhopal. Furthermore, LIC also operates the LIC Golden Jubilee Foundation, which aims to promote education, minimise poverty and raise the standard of living of Indian citizens. 

    LIC – Awards 

    LIC stock price and its steady increase over the past year from the brief lows have provided a profitable way for investors to earn through dividends and capital appreciation with low risk. LIC has been given numerous awards as the biggest insurance provider in the country. Here are the awards for the year 2021-22: 

    ● ACEF Award
    ● Ashirwad Award
    ● CFBP Jamna Lal Bajaj Award 
    ● Dun and Bradstreet Award 
    ● Economics Times BFSI Award Best Brand 
    ● FICCI Insurance Industry Award Best Campaign Award
    ● FICCI Insurance Industry Award Special Jury Award
    ● India's Most Trusted Insurance Brand Award Honored by Insurance Alerts
    ● Marksmen-Daily-Excellence-in-the-BFSI-Industry
    ● National Award For Excellence in Digital Marketing 7th Edition Digital Advertising Award
    ● World BFSI Congress Award Customer Service Excellence Award
    ● World BFSI Congress Award Operational Excellence Initiative of the Year

    LIC – Some Important Facts 

    Here are some interesting facts about LIC stock price and the company: 

    ● As an institutional investor, LIC has investments in a host of industries, such as construction, infrastructure, banks, chemicals and fertilisers, healthcare hotels, etc. The investments and their current performance also affect the LIC share price today.  

    ● LIC has nearly 19 crore policyholders with a 74.6% market share when it comes to the number of policies issued. 

    ● LIC has an 81.1% market share in terms of group policies it has issued for the financial year 2021. 


    LIC has always been a household name in India when it comes to buying insurance policies. However, with the government listing LIC shares on the stock market, investments made based on LIC share price history also allow investors to diversify their portfolios. However, as LIC shares have consolidated in the past year, review the LIC stock price today before investing. 

    Life Insurance Corporation of India (LIC) FAQs

    What is Share Price of Life Insurance Corporation of India ?

    Life Insurance Corporation of India share price is ₹770 As on 11 December, 2023 | 18:00

    What is the Market Cap of Life Insurance Corporation of India ?

    The Market Cap of Life Insurance Corporation of India is ₹487625.7 Cr As on 11 December, 2023 | 18:00

    What is the P/E ratio of Life Insurance Corporation of India ?

    The P/E ratio of Life Insurance Corporation of India is 13.1 As on 11 December, 2023 | 18:00

    What is the PB ratio of Life Insurance Corporation of India ?

    The PB ratio of Life Insurance Corporation of India is 10.5 As on 11 December, 2023 | 18:00

    Q2FY23

    More Information

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