LIC India is India’s largest life insurance company and a major player in the Indian investment market. The share price of LIC India has seen a steady growth over the years, making it an attractive option for investors looking to invest in a secure and long-term investment. The share price of LIC India has been on an upward trend since 2012. The company offers a wide range of investment and insurance products, thus providing investors with a comprehensive portfolio of products to choose from. Investors can purchase shares of the company through stock exchanges and avail of the tax benefits offered by the government. Moreover, LIC India has a strong financial standing and its shares are also listed on the major stock exchanges in India. Therefore, LIC India Share Price is a suitable option for long-term investors looking for stable returns.
LIC INDIA in recent news
- Ananth Narayan, a full-time member of SEBI, delivered a temporary ruling in relation to a LIC frontrunning matter. In earlier frontrunning orders, mutual fund dealers like Axis and HDFC were engaged. However, this one involved an insurer, and not just any insurer—one that manages 41 lakh crore in public funds. Additionally, the main offender’s ma, saasu ma, and his deceased father were all among his associates.
- The Group Post Retirement Medical Benefit Scheme, a non-linked, non-participating life insurance product for groups of 50 or more employees, was introduced by the Life Insurance Corporation of India (LIC) with effect from May 2.
- As part of its alignment with other publicly traded corporations, Siddhartha Mohanty will take over as the Life Insurance Corporation of India’s (LIC) Chairman.
In a case involving front-running trades in Life Insurance Corporation of India, the financial markets regulator Securities and Exchange Board of India (SEBI) has banned three people and two businesses (for a total of five people) from the securities markets. Front running is the practice of dealers dealing with information received in advance from their brokers and investment analysts before the information has reached their clients. Imposes a fine of INR 2.44 Crore.
Maximum and Minimum Price Predictions for 2023
The Maximum and Minimum Price Predictions for 2023 are as follows: The Maximum Price is expected to reach 870.2879102 INR in December 2023, with the Minimum Price expected to reach 445.16625 INR in May 2023. Prices are expected to fluctuate throughout the year, reaching a Maximum Price of 775.657674 INR in August 2023 and a Minimum Price of 485.6359091 INR in March 2023. Prices are expected to steadily increase throughout the year, with the Maximum Price increasing steadily from 634.8181818 INR in January 2023 to 870.2879102 INR in December 2023.
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Maximum and Minimum Price Predictions for 2025
The Maximum Price Prediction for 2025 is 998.7595016 INR and the Minimum Price Prediction for 2025 is 780.6786249 INR. This data suggest that the maximum price is expected to remain relatively stable throughout the year with a slight increase between April and May, while the minimum price is expected to continue to decrease throughout the year. This could be an indication that the market in 2025 may be more volatile than in previous years. It is also worth noting that the predictions for Maximum and Minimum Prices in 2025 are significantly lower than those predicted for 2023 and 2024, potentially indicating a decreasing trend in the market.
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Maximum and Minimum Price Predictions for 2026- 2030
The maximum price predictions for 2026-2030 indicate that prices will continue to rise steadily over the next five years. In 2026, the maximum price is anticipated to be 1178.536212 INR, with the minimum price being 1060.682591 INR. By 2027, the maximum price is expected to be 1426.028816 INR, with the minimum price being 1283.425935 INR. In 2028, the maximum price is predicted to be 1711.23458 INR, and the minimum price will be 1540.111122 INR. Prices are expected to continue to rise in 2029, with the maximum price projected at 2019.256804 INR, and the minimum price being 1817.331124 INR. Finally, in 2030, the maximum price is predicted to be 2180.797348 INR, and the minimum price will be 1962.717614 INR. Therefore, prices are expected to increase steadily over the next five years, culminating in a maximum price of 2180.797348 INR and a minimum price of 1962.717614 INR in 2030.
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Factors Affecting LIC India Share Price
The LIC India share price is affected by a number of factors, including economic conditions, market sentiment, and investor sentiment. The impact of the COVID-19 pandemic has had a significant impact on the stock market, impacting the share price of LIC India. Economic growth in India has also had an impact on LIC India’s share price, as higher economic growth leads to increased investment in the stock market. Market sentiment also plays a role in determining the share price of LIC India, as investors’ decisions to buy or sell shares are influenced by their view of the stock’s prospects in the future. Investor sentiment also affects the share price of LIC India, as investors look to the company’s financial performance and prospects for future growth. Additionally, government policies, regulations, and interest rates have a direct impact on the share price of LIC India. As such, any changes in these factors could have a direct impact on the share price of LIC India. Some financial indicators also affect the share price as well as investors’ decision, namely Price-to-Earning ratio, Price-to-Book ratio, Earning per share, and 52-week high & low. The PE ratio as of May 2023 is 14.03 whereas PB ratio is 34.15. The 52-week high and low stand at 949 and 530.05 respectively. EPS decreased to 40.07 .
Analyzing the Impact of Covid on LIC India Share Price
The impact of Covid-19 on LIC India’s share price has been drastic. The maximum price of LIC India shares in January 2023 was 698.3 INR and the minimum price was 634.8181818 INR which represents a decrease of 8.9% from the previous year. This trend continued throughout the year and by December 2023, the price had dropped to 870.2879102 INR with a minimum price of 445.16625 INR indicating a decrease of over 44% from the beginning of the year. The trend has been similar in 2024 and 2025 where the maximum price has decreased by 14.4% and 8.6% respectively from the previous year. This indicates the drastic impact of Covid-19 on LIC India’s share price. The trend is expected to continue in the coming years as well with a steady decrease in the share price.
Strategic Investments and LIC India Share Price
Strategic investments in LIC India can be a wise decision since the share price is expected to increase in the future. According to the data, the maximum share price of LIC India is expected to reach 2180.797348 INR by 2030 while the minimum share price will be at 1962.717614 INR. This makes it a good option to consider investing in this company as it has the potential to generate higher returns in the future. The share price of LIC India is also expected to increase gradually over the years which gives investors more assurance that their investments will yield desired results in the long run. Furthermore, the minimum share price is also not too low, thus providing investors with some assurance that their investments will not suffer too much in the short-term. With all these factors taken into consideration, it can be said that investing in LIC India can be a strategic decision for the long-term.
This article has analyzed the share price of LIC, one of India’s leading insurance companies, and made a prediction for its future price. The analysis shows that over the next five years, LIC’s share price is likely to rise steadily, reaching a peak in 2030. This increase is likely to be driven by increasing demand for insurance products in India. Additionally, LIC’s focus on digital technologies and its strong financial performance are likely to make it an attractive option for investors. In conclusion, LIC is likely to be a solid investment choice with promising returns in the medium-term.
Price Target by Experts
JM FINANCIAL price target
JM FINANCIAL suggested to buy LIC with a price target of Rs 940.
Kotak Institutional Equities price target
Kotak Institutional Equities recommends buying shares of LIC India with a predicted price of Rs 1000.
Motilal Oswal price target
Motilal Oswal gave a buy rating to LIC India with an expected price of Rs 830.
1. What types of plans are available under LIC?
A: LIC offers a wide variety of life insurance policies, including individual and group plans, child plans, pension plans, health insurance plans and more.
2. What are the benefits of investing in a Life Insurance plan with LIC?
A: Investing in a LIC policy provides a variety of benefits, such as financial security, tax benefits, as well as protection against inflation.
3. Is it necessary to have a medical check-up to avail of life insurance with LIC?
A: It is not mandatory to undergo a medical check-up to avail of life insurance with LIC. However, some policies may require a medical check-up depending on the amount of coverage and the age of the policyholder.
4. What is the claim settlement process for LIC?
A: The claim settlement process for LIC includes the submission of a duly filled claim form and the necessary documents, followed by a verification process by the insurer. Once the claim is approved, the insured amount is released to the beneficiary.
5. How can I pay my premium for LIC?
A: You can pay your LIC premiums online, through net banking, mobile banking or debit/credit cards. Offline payments can be made through cheque or demand draft.
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