Lic of india share price

Life Insurance Corporation of India was incorporated in the year 1956. Its today's share price is 596.6. Its current market capitalisation stands at Rs 377349.36 Cr. In the latest quarter, company has reported Gross Sales of Rs. 0 Cr and Total Income of Rs.0Cr. The company's management includes Tablesh Pandey, M Jagannath, Siddhartha Mohanty, Pawan Agrawal , Sanjeev Nautiyal, MP Vijay Kumar, VS Parthasarathy, Raj Kamal, Suchindra Misra, Gurumoorthy Mahalingam, Anil Kumar, Vinod Kumar Verma, Ranjan Sharma, Anjuly Chib Duggal, Ipe Mini, Siddhartha Mohanty. It is listed on the BSE with a BSE Code of 543526, NSE with an NSE Symbol of LICI and ISIN of INE0J1Y01017. It's Registered office is at ' Yogakshema ' , Jeevan Bima Marg,,Mumbai-400021, Maharashtra.Their Registrars are K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)It's auditors are ABM & Associates LLP, AR & Co, ASA & Associates LLP, B Gupta & Co, Batliboi & Purohit, BC Jain & Co, Borkar & Mazumdar, Borkar & Muzumdar, Chaturvedi & Co, Chaturvedi & Shah, Chokshi & Chokshi LLP, Dass Gupta & Associates, DK Chhajer & Co, GD Apte & Co, Khandelwal Jain & Co, Laxminiwas Neeth & Co, MKPS & Associates, OP Totla & Co, PB Vijayaraghavan & Co, Rama K Gupta & Co, Ramamoorthy (N) & Co, Ramanatham & Rao, Ray & Ray, RGN Price & Co, Rupa Sekhar & Associates, S L Chhajed & CO LLP, Sarda & Pareek, SK Kapoor & Co, Suri & Co, Todi Tulsyan & Co, Umamaheswara Rao & Co, V Singhi & Associates

For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 197984.89 Crore, down -11.51 % from last quarter Total Income of Rs 223736.35 Crore and up 12.89 % from last year same quarter Total Income of Rs 175381.38 Crore. Company has reported net profit after tax of Rs 7396.90 Crore in latest quarter. The company’s top management includes Mr.M R Kumar, Mr.Sanjeev Nautiyal, Mr.M P Vijay Kumar, Mr.V S Parthasarthy, Mr.Raj Kamal, Mr.Gurumoorthy Mahalingam, Mrs.Anjuly Chib Duggal, Prof.Anil Kumar, Mr.Vinod Kumar Verma, Dr.Ranjan Sharma, Mr.Bishnu Charan Patnaik, Mrs.Mini Ipe, Mr.Siddhartha Mohanty, Mr.Raj Kumar, Mr.Pankaj Jain. Company has B C Jain & Co as its auditors. As on 31-12-2022, the company has a total of 632 Crore shares outstanding.

Apart from banks many non-banking financial companies (NBFCs) offer home loans to borrowers, however, NBFCs aren’t allowed to accept deposits. Loans can be availed to buy, develop, or repair a building or parcel of land. Take a look at top housing finance companies such as LIC, HDFC and PNB housing and their latest home loan interest rates. LIC Housing Finance home loan rates According to LIC Housing's website, the prime lending rate (LHPLR) is 17.05%( ROI updated as on 01.05.2023). The new home loan interest rates will now begin at 8.45%. The maximum payback duration for salaried individuals is 30 years. Maximum payback time for self-employed people is up to 25 years. According to the LIC Housing website, home loan interest rates start from 8.45% for salaried and professional borrowers for credit score equal or above 750 for loans up to Rs 2 crore. For salaried and professional individuals with credit score between 700-749, interest rate will be 9.30% up to 5 crore and 9.50% and more than Rs 5 crores & up to 15 crores. For CIBIL Score between 600-699, interest rate offered is 9.55% up to Rs 50 lakh, 9.75% for amounts more than Rs 50 Lakhs & up to 2 crore and 9.90% for amounts more than 2 cr & up to 15 crs. HDFC home loan ratesHDFC Retail Prime Lending Rate as per the website is 18.55%. HDFC Adjustable home loan interest rates are linked to HDFC's Bench Mark Rate ("RPLR") and are variable throughout the tenor of the loan. According to the HDFC website, “The above Home Loan...

Synopsis LIC's shares climbed almost 4% to Rs 615.6 in intra-day trading on the back of a standalone net profit of Rs 13,428 crore during the quarter ended March. This was 466% more than the same quarter last year. Despite its good performance, the insurer's net premium income fell 8% to Rs 1.31 lakh crore in the March quarter, compared with Rs 1.43 lakh crore the previous year. Income from investments rose marginally to Rs 67,846 crore for the January-March period versus Rs 67,498 crore the previous year, while the net commission rose 5% to Rs 8,428 crore. However, its net premium income fell 8% to Rs 1.31 lakh crore during the March quarter, compared with Rs 1.43 lakh crore in the corresponding quarter of the previous year. LIC's first-year premium during the reporting quarter stood at Rs 12,811 crore, down 12% from Rs 14,614 crore in the year-ago quarter. Income from investments rose marginally to Rs 67,846 crore for the January-March period versus Rs 67,498 crore in the same period last year. Net commission during the quarter rose 5% to Rs 8,428 crore. The same stood at Rs 7,996 crore in the previous year's period. For the full year, the insurer's profit declined 10% to Rs 36,397 crore as against Rs 40,431 crore reported in fiscal 2022. As per Trendlyne data, the average target price of LIC is Rs 798, which shows an upside potential of 32% from the current market prices. The consensus recommendation from 15 analysts for the stock is a Buy. Out of these analysts, 12 hav...

Tata Group has retained its title of being India’s most valuable brand with a growth rate of 10.3% to US $26.4 billion. This is the first time an Indian brand has surpassed the US$25 billion mark. Tata Group is the only Indian brand to feature in the top 100 of the Brand Finance Global 500 2023 list Tata Group’s brand valuation Anand Mahindra-led Mahindra Group has become the 7th most valued brand in the country with a valuation of $7.1 billion. As per the sector-wise report, Mahindra Auto is among the fastest growing auto brands globally. Tech Mahindra has had the biggest jump in global rankings. Mahindra Group’s profit in the last fiscal year crossed Rs 10,000 crore for the first time on revenues of Rs 1,21,269 crore Mahindra Group’s brand valuation

Financials For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 169790.63 Crore, down -20.04 % from last quarter Total Income of Rs 212344.13 Crore and up 9.46 % from last year same quarter Total Income of Rs 155115.56 Crore. Company reported net profit after tax of Rs -59.61 Crore in latest quarter. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice. • 4,813.00 12:00 PM | 15 Jun 2023 114.00 (2.43%) 1,403.95 12:00 PM | 15 Jun 2023 25.30 (1.84%) 3,545.40 12:00 PM | 15 Jun 2023 59.45 (1.71%) 379.90 12:00 PM | 15 Jun 2023 6.35 (1.70%) • 390.35 12:00 PM | 15 Jun 2023 -6.10 (-1.54%) 1,303.15 12:00 PM | 15 Jun 2023 -20.10 (-1.52%) 576.50 12:00 PM | 15 Jun 2023 -8.55 (-1.46%) 1,286.40 12:00 PM | 15 Jun 2023 -14.00 (-1.08%)

The ongoing fall in Adani Group stocks made a deep dent in their investors’ portfolios in mere two trading sessions. The country’s biggest institutional investor, Life Insurance Corporation of India (LIC), is one of those affected investors. LIC’s combined investment in Adani group stocks plunged to Rs 62,621 crore on January 27, 2023 from Rs 81,268 crore on January 24, 2023, indicating a notional loss of Rs 18,647 crore. Data available with Ace Equity showed that LIC held over 1 per cent stake in Adani Enterprises, Adani Green Energy, Adani Ports, Adani Total Gas, Adani Transmission and recently acquired cement major Ambuja Cements and ACC as of December 31, 2022. Shares of these companies tanked somewhere between 19 per cent and 27 per cent in the past two trading sessions. Shares of the group came under pressure after a report by Hindenburg Research claiming that the Indian giant had engaged in stock manipulation and accounting fraud scheme over the course of last few decades. Meanwhile, Jugeshinder Singh, Group CFO, Adani in a media statement said, “The report is a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts.” He further added that the timing of the report’s publication clearly betrays a brazen, mala fide intention to undermine the Adani Group’s reputation with the principal objective of damaging the upcoming follow-on public offering from ...