Lic closing price today

Sector Finance Compare with Sector peers Industry Finance - Housing Compare with Industry peers Website http://www.lichousing.com Market Cap 20,715.37 Cr. Enterprise Value(EV) Cr. - Financial Indicators • Standalone • Consolidated Earnings per share (EPS) 52.56 Trailing Twelve Months Ending 2023-03 Price-Earning Ratio (PE) 7.17 Trailing Twelve Months Ending 2023-03 Industry PE 14.32 Trailing Twelve Months Ending 2023-03 Book Value / Share 492.68 Trailing Twelve Months Ending 2023-03 Price to Book Value 0.76 Calculated using Price: 376.60 Dividend Yield 2.26 Period Ending 2022-03 No. of Shares Subscribed 55.01 Cr. 550,063,000 Shares FaceValue 2 About LIC Housing Finance Ltd. LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses. 9 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 Return on Equity (%) 18.80 18.06 19.58 19.10 15.82 15.94 13.94 14.13 10.12 Return on Capital Employed (%) 10.92 10.74 10.58 10.24 9.37 9.39 9.11 8.13 7.10 Return on Assets (%) 1.50 1.33 1.37 1.37 1.25 1.31 1.15 1.21 0.94 Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03* Rs. Cr. Shh. Funds 7,533 7,818 9,146 11,077 14,241 16,259 18,1...

Stock of Life Insurance Corporation (LIC) fell to a record low amid bearish market sentiment today. LIC stock declined 3.24 per cent intraday to Rs 752.15 against the previous close of Rs 777.40 on BSE. The market capitalisation of the public sector insurer fell to Rs 4,76,556 crore today against a market cap of Rs 6,00,242 crore, going by the upper price band of India's largest initial public offer. With today's fall, shareholders of LIC have lost Rs 1,23,686 crore in the last 16 trading sessions. The stock has fallen 15.29 per cent or Rs 115.05 from its listing price after two weeks of market debut. The share made a weak listing on May 17, opening at a discount of 8.62 per cent against the IPO issue price. The company offered its stock in a price band of Rs 902- Rs 949. It was listed at Rs 867.20 on BSE. ALSO READ: On NSE, the stock listed at Rs 872, 8.11 per cent lower to the IPO price. Here's a look at what experts said on how investors should approach the stock when it has hit record low. Prasant Bhansaali, Director - Mehta Equities said, "At current price, it can be accumulated with at least 3 years perspective. It will remain under pressure for some more time as anchor investors will be free to exit after 16th June. But considering the relative cheap valuation at lower levels it will find interest from domestic retail and HNI investors. Institutional investor will wait for some more time before they start buying it." Santosh Meena, Head of Research, Swastika Investm...

Synopsis LIC had fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, while policyholders will get a discount of Rs 60 per share. New Delhi: Life Insurance Corporation's IPO, the country's biggest public offer, was subscribed 2.95 times on the last day of offer period on Monday, helping the government mobilise about Rs 21,000 crore. Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm. Bidders in LIC had fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, while policyholders will get a discount of Rs 60 per share. The government has diluted 3.5 per cent stake in the insurance behemoth through the Offer for Sale (OFS). LIC reduced its IPO size to 3.5 per cent from 5 per cent decided earlier due to the prevailing choppy market conditions. Even after the reduced size of about Rs 20,557 crore, LIC IPO is the biggest initial public offering ever in the country. So far, the amount mobilised from the IPO of Paytm in 2021 was the largest ever at Rs 18,300 crore, followed by Coal India (2010) at nearly Rs 15,500 crore and Reliance Power (2008) at Rs 11,700 cr...

Life insurance behemoth, LIC was in a bloodbath on Monday with shares even hitting a fresh all-time low. The insurer's investors have lost hefty to the tune of more than ₹1.08 lakh crore since its debut against IPO's issue price. Bears have been dragging LIC shares broadly within less than a month of its listing and its downside has been on double-digit percentage terms. At the current closing price, LIC's market capitalisation stood at ₹4,91,705.32 crore at the seventh rank following ICICI Bank which holds the sixth rank with a market cap of ₹5,19,344.06 crore, and HUL at fifth rank with a valuation of ₹5,35,577.58 crore. When LIC was listed at a discount on May 17 in the 'A' Group category, the insurer had pushed FMCG giant HUL to the sixth spot and emerged as the fifth largest firm. However, LIC shares have corrected steeply in less than a month with HUL and ICICI Bank taking back their. Due to fresh historic lows, investors have lost more than ₹1.08 lakh crore from May 17 till date against the IPO issue price. LIC IPO had an upper price band of ₹949 apiece which took its market valuation to around ₹6,00,242 crore. With that, LIC investors have lost about ₹1,08,536.68 crore so far since their debut against the IPO price. Against the IPO price band, LIC shares have dropped by more than 18%. Meanwhile, the dive was more than 11% since May 17. LIC still stays the top insurer compared to listed peers ICICI Prudential, HDFC Life, and SBI Life. The latest data of CARE Ratings...

New Delhi: LIC share price today (May 20) closed at Rs 825.30, down 1.85% from yesterday’s closing price. In contrast, Sensex gained 2.91% or 1,534.16 points while Nifty moved up by 2.89%. Moreover, most large cap stocks made impressive gains today, while LIC remained among the few laggards. Investors of the Life Insurance Corporation (LIC) of India’s initial public offer (IPO), who bought the shares at Rs 949 apiece, must now be looking at a 13.03% loss accumulated in the last four days. LIC share hit a new low of Rs 825 on May 20. So far, the investors of the company have lost more than Rs 70,000 crore. Many investors must now be worried about what they should do next. Should they hold in hope of share closing the losses or sell right now to make sure that they don’t lose any more money? Also, many, who were waiting to buy LIC shares, must be seeing the drop in LIC share price as a wonderful opportunity to invest right now. However, the doubts of a further drop in share price must be holding them back. LIC Shares: Buy, Sell or Hold? LIC share prices could increase in the coming days, at least according to several brokerage firms and research analysts. Global financial services group Macquarie has set a neutral rating on the share. The company has put a target price of Rs 1,000 on the share. Also, Zee Business Senior Research Analyst Varun Dubey’s pointed out that LIC stock has become the world’s cheapest insurance stock on the back of attractive valuations. Also Read: Aa...