Thu, Apr 18, 2024
Even accounting for consistent 3x company-level growth in non-par products, VNB margins on new business are likely to remain below that of private peers by FY30. Similarly, operating returnson EV will trail the private industry, even if it enhances dividend payouts in the medium term, the brokerage held.
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Mon, Feb 19, 2024
The insurance firm got a refund of Rs 21,740.77 crore the Income Tax Department for FY13 to FY20. The biggest PSU by market size is still talking to the Income Tax Department for the remaining money.
Fri, Feb 16, 2024
In terms of market share measured by First Year Premium Income (as per IRDAI), LIC continues to be the market leader by market share in Indian life insurance business with overall market share of 58.90 per cent.
Tue, Dec 20, 2022
The shares of the state-owned insurer have cracked 22 per cent and 16 per cent from its issue price of Rs 949 per share and listing price of Rs 875 per share, respectively, on the exchanges.
Mon, Nov 14, 2022
LIC Share Price NSE: The company's total premium income rose to Rs 1,32,631.72 crore in the second quarter of the current fiscal from Rs 1,04,913.92 crore in the same period a year ago. LIC's total income increased to Rs 2.22 lakh crore in the latest September quarter compared to Rs 1.87 lakh crore in the year-ago period.
Sat, Nov 12, 2022
LIC reported a multi-fold jump in net profit to Rs 15,952 crore in the September quarter, boosted by profits from its investments.
Tue, Oct 04, 2022
LIC Share Target Price: Shares of Life Insurance Corporation (LIC) ended nearly one and half per cent higher to Rs 629.20 per share on the BSE on Tuesday.
Wed, Sep 28, 2022
Shares of Life Insurance Corporation of India (LIC) slipped to a record low on Wednesday.
Thu, Sep 22, 2022
The state-owned company’s share price has slumped around 32 per cent from its issue price of Rs 949 per share and has been trading at the lowest level since its market debut on May 17, 2022.
Mon, Sep 05, 2022
Shares of JSW Steel rose around two and half per cent in BSE intraday trade on Monday.
Tue, Jul 19, 2022
Rakesh Jhunjhunwala Stocks: Big Bull of the Indian market, Rakesh Jhunjhunwala sold as many as 30 lakh shares of a Tata Group company in the April-June quarter.
Fri, Jul 15, 2022
LIC share price target: A day after LIC (Life Insurance Corporation) reported Indian Embedded Value (IEV) at Rs 5,41,492 crore as of March 31, 2022, the stock of the India's largest insurer received a buy tag from brokerage firm Motilal Oswal.
Tue, Jul 05, 2022
LIC IPO share price target: Shares of Insurance Corporation (LIC) surged two and half percent in Tuesday's intraday trade after brokerage firm Motilal Oswal initiated coverage on the stock of India's largest IPO ever
Wed, Jun 22, 2022
LIC share price target: Shares of India's biggest Initial Public Offering (IPO), Life Insurance Corporation (LIC) are trading with nearly 30% discount against its issue price of Rs 949 per share.
Wed, Jun 15, 2022
LIC Share Price: LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and non-banking finance company Capri Global Capital through open market purchases over the last few months, the life insurer said on Tuesday.
Tue, Jun 14, 2022
India's three largest initial public offering (IPO)—Life Insurance Corporation (LIC), One 97 Communications (Paytm) and Coal India— seem to have disappointed investors as all of these IPOs continue to trad below their issue prices.
Mon, Jun 13, 2022
LIC share price: Shares of India's largest IPO ever, Life Insurance Corporation, declined as much as four per cent in early trade on Monday, the day LIC anchor investors' lock-in ends.
Fri, Jun 10, 2022
The free fall in LIC shares continued as they dropped to a fresh low of Rs 709.20 per share in Friday's intraday trade on the BSE.
Thu, Jun 09, 2022
Shares of LIC (Life insurance Corporation) continued to decline unabated as they dropped to a new low of Rs 721 per share in Thursday's intraday trade on the BSE.
Tue, Jun 07, 2022
Shares of insurance giant Life Insurance Corporation of India (LIC) continued its poor show post weak listing on the exchanges.
Wed, Jun 01, 2022
In the first-ever quarterly result of LIC after being listed on the bourses last month, the insurance behemoth reported a 17 per cent decline in consolidated net profit to Rs 2,409 crore for the fourth quarter ended March 2022 against Rs 2,917 crore in the same quarter a year ago
Tue, May 31, 2022
Shares of Life Insurance Corporation of India (LIC), Indian Railway Catering and Tourism Corporation (IRCTC) and Sun Pharmaceutical declined up to four per cent on Tuesday, a day after these companies came up with their results on Monday.
Tue, May 17, 2022
LIC IPO review: Shares of Life Insurance Corporation were listed at a discount of nearly 9% on the bourses, NSE and BSE, on Tuesday, May 17, 2022.
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