LIC shares surged 6% over two sessions after announcing a 1:1 bonus issue, with May 29 set as the record date for shareholder eligibility.
LIC reported a 23% YoY rise in Q4 FY26 profit to ₹23,420 crore, emerging as India’s highest profit-making financial sector company. The insurer also announced its first-ever 1:1 bonus issue.
LIC trades at a low P/E multiple, but a closer look at VNB-based valuation metrics and peer comparisons suggests it may be more expensive than it appears.
LIC share price rose nearly 5% after Q4FY26 results beat estimates. Strong VNB margins and product mix prompted brokerages to raise targets ...
Overview: LIC posted a strong March quarter performance with net profit rising 23% year-on-year to Rs. 23,420 crore.The company recorded healthy premium growth ...
Shares of LIC rose nearly 5% following a strong quarterly performance and revised earnings estimates. Systematix Equities ...
LIC Share Price Target: LIC reported 23 per cent Q4 profit growth, higher income and strong VNB. Brokers remain ...
Shares of India's Life Insurance Corporation of India climbed as much as 5% on May 22 after it reported a 23% rise in Q4 net ...
Goldman Sachs maintains a neutral stance on ITC, anticipating cigarette tax impacts. Citigroup is bullish on LIC, citing ...
The stock upmove comes ahead of LIC's bonus share issue. In a regulatory filing, LIC said its board approved the issuance of ...
Kotak Institutional Equities has recommended a buy rating on LIC stock. It said that LIC share price can touch the Rs 1000 level.