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Life Insurance Corporation of India share Price Today

Company details

979.45
995.20
543.00
1,175.00
6M Return 59.45%
1Y Return 79.20%
Mkt Cap.(Cr) 622,696.05
Volume 1,754,417
Div Yield 0.30%
OI
-
OI Chg %
-
Volume 1,754,417
NSE

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Life Insurance Corporation of India announced H1FY24 results:

  • Highest ever Half Yearly Profit After Tax at Rs. 17,469 crore
  • Non - Par APE increased by 19.77% to Rs.1,575 crore
  • Indian Embedded Value increased by 21.74% to Rs. 6.62 lakh crore
  • VNB Margin (Net) stands at 14.6%
  • AUM increased by 10.47% to Rs. 47.43 lakh crore
  • Improvement in 13th-month persistency both on premium and policy basis
  • Solvency Ratio increased to 1.90 from 1.88

Shri Siddhartha Mohanty, Chairperson, LIC said, “ During the first six months of this financial year, we have been able to implement strategies successfully to enhance the share of Non-Par products in our overall individual business. The current VNB margins are an indicator of our initiatives delivering the objective of maintaining profitability as we change direction. We are conscious of the market dynamics in certain parts of our business and are working towards profit-oriented consolidation. The distribution mix is also more diversified with an increase in share of Bancassurance and Alternate Channels. We continue to remain focused on creating higher Customer Value through Digital Innovations. We are thankful to all our stakeholders for their continued support.”

 

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Life Insurance Corporation of India shares SWOT Analysis

Strengths (10)

  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Decrease in Provision in recent results

Threats (0)

Data not found
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Resistance and support

R1 993.3
R2 1,002.1
R3 1,009.1
Pivot

986.38

S1 977.6
S2 970.6
S3 961.8
EMA SMA
973.5
961.2
909.3
825.8
970.2
987.9
920.1
778.8
Delivery and volume
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CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-04-23 974.6 141807 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Sell 2024-04-23 974.6 141807 NSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 907.2 66507 NSE
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FINANCIALS

Sales
Operating Profit
Profit after Tax
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Equity
Reserves and Surplus
Debt
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Sales
Operating Profit
Profit after Tax
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PE
Debt/Equity
P BV
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Life Insurance Corporation of India Stocks COMPARISON

Financials( ₹ in Cr) Life Insurance Corporation of India SBI Life Insurance Company Ltd HDFC Life Insurance Company Ltd ICICI Lombard General Insurance Company Ltd ICICI Prudential Life Insurance Company Ltd
Price 984.50 1,444.45 594.70 1,706.80 564.15
% Change -0.63 -1.07 0.08 0.36 -2
Mcap ₹ Cr 622,696.05 144,656.61 127,916.64 84,091.48 81,272.35
Revenue TTM ₹ Cr 784,627.64 80,635.64 70,207.08 17,875.79 49,404.07
Net Profit TTM ₹ Cr 35,996.65 1,720.57 1,368.28 1,729.05 813.49
PE TTM 15.44 77.76 81.23 43.81 95.46
1 Year Return 79.20 30.64 8.61 59.60 27.41
ROCE 0.95 0.66 0.62 20.88 0.44
ROE 124.84 14.14 9.60 17.73 8.67
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INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 46,232.87 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,210.21 -2,288.40
LAST 3M 84,754.55 29,178.29
LAST 6M 143,739.62 78,000.86
LAST 12M 219,616.53 194,185.36
Life Insurance Corporation Of India - Updates

Apr 25, 2024 l NSE Announcement

Life Insurance Corporation Of India - Updates

Apr 23, 2024 l NSE Announcement

Life Insurance Corporation Of India - Change in Director

Apr 19, 2024 l NSE Announcement

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Date Action Type Ratio
Feb 21, 2024 Dividend 40
Jul 21, 2023 Dividend 30
Aug 25, 2022 Dividend 15
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Life Insurance Corporation of India Information

Stock PE (TTM)
15.44
Promoter Holding
96.5%
Book Value
98.1037
ROCE
0.95%
ROE
124.84%
Description

  •  

    Life Insurance Corporation of India was established on September 01, 1956 under the Life Insurance Corporation Act, 1956. The Corporation obtained Certificate of Registration, to undertake the business of life insurance by a Certificate dated September 20, 1956 issued by the Controller of Insurance in accordance with the provisions of the Insurance Act. The Corporation obtained the Certificate of Registration from the IRDAI to undertake life insurance business on January 1, 2001 which was renewed on an annual basis under Section 3A of the Insurance Act. Further, pursuant to amendment to Section 3A of the Insurance Act with effect from December 2014, the process of annual renewal of Certificate of Registration was discontinued. The Corporation is governed by provisions of the governing Act; it is also registered with the Insurance Regulatory and Development Authority of India (IRDAI) and is subject to such provisions of Insurance Regulatory and Development Authority (IRDA) Act, 1999 as amended, and regulations that are not inconsistent with the Act.

    LIC is engaged in the business of Life Insurance in and outside India. The Corporation`s life insurance business comprises of individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked insurance products, variable insurance products, health and micro insurance. The company is providing insurance services like various insurance plans, pension plans, unit linked plans, micro insurance plans, withdrawal plan and health plan.

    The market share of the company in policy segment is 71.76% with a total of 204.65 lakhs policies being distributed.  The total income of LIC in FY 2022-2023 was Rs. 7,88,043.28 crores, total premium income was Rs. 4,74,004.61 crores and a total asset value of Rs. 45,50,571 crores.

    The history of LIC share price is:

    1-Year Change in LIC Share Price

    71.15%

    1-Year High of LIC Share Price

    Rs. 1105.25

    1-Year Low of LIC Share Price

    Rs. 531.85

    5-Year Change in LIC Share Price

    11.24%

    5-Year High of LIC Share Price

    Rs. 1105.25

    5-Year Low of LIC Share Price

    Rs. 531.85

     

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No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543526
NSE Code : LICI
Book Closure Date (Month) :
BSE Group : A
ISIN : INE0J1Y01017

FAQ’s on Life Insurance Corporation of India Shares

You can buy Life Insurance Corporation of India shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Life Insurance Corporation of India Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 25, 2024 04:05 PM the closing price of Life Insurance Corporation of India was ₹ 984.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 25, 2024 04:05 PM, the market cap of Life Insurance Corporation of India stood at ₹ 622,696.05.

The latest PE ratio of Life Insurance Corporation of India as of Apr 25, 2024 04:05 PM is 15.44

The latest PB ratio of Life Insurance Corporation of India as of Apr 25, 2024 04:05 PM is 0.10

The 52-week high of Life Insurance Corporation of India share price is ₹ 1,175.00 while the 52-week low is ₹ 543.00

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