Lic share

LIC shareholding in Tech Mahindra LIC informed Indian exchanges about the stake raise citing, "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Corporation’s shareholding in “TECH MAHINDRA LIMITED." has increased from 6,69,25,392 to 8,65,58,538 Equity Shares increasing its shareholding from 6.869% to 8.884% of the paid-up capital of the said Company." LIC informed Indian exchanges that it has accumulated these additional shares during the period from 21st November 2022 to 6th June 2023 at an average price of ₹1050.77 per share. Tech Mahindra share price history In last one month, ₹1095 apiece levels, logging around 2 per cent rise in this time. In YTD time, Tech Mahindra share price has appreciated from around ₹1010 to ₹1095 apiece levels, delivering around 8.50 per cent rise in 2023. In last one year, Tech Mahindra shares have made 52-week high of ₹1165 apiece whereas it has made 52-week low of ₹943.70 per share. This IT stock has remained under the sell off heat after the outbreak of Russia-Ukraine war. In last one and half years, Tech Mahindra share prices have fallen from around ₹1790 to ₹1095, logging near 40 per cent dip from its pre-war levels.

Life Insurance Corporation of India is an India-based insurance company. The Company is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked lines of businesses. The portfolio comprises various insurance and investment products such as protection, pension, savings, investment, annuity, health and variable. Its segments include Life Individual, Participating Pension Individual, Participating Annuity Individual, Non Participating Life (Individual & Group), Non Participating Pension (Individual & Group), Non Participating Annuity Individual, Non Participating Variable individual, Non Participating Health individual, Non Participating Unit Linked. It has approximately 44 products, which include 33 individual products and 11 group products. Its insurance plans include Saral Jeevan Bima, Saral Pension, Arogya Rakshak, Dhan Rekha, Bima Jyoti, and others.;

NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 9.93 8.14 82.18 0.91 0.82 6.66 5.27 4.30 56.91 3.32 0.00 0.00 93.04 9.56 10.53 0.17 0.55 33.37 0.58 1.93 6.41 10.56 0.07 0.00 72.20 9.54 13.21 0.66 0.54 21.86 2.54 2.13 17.19 33.86 0.00 0.00 90.63 7.31 8.06 0.54 0.31 43.17 2.07 1.23 5.66 26.30 0.12 0.00 61.22 5.84 10.75 11.73 0.28 19.67 1.79 1.43 10.97 1.02 0.00 0.00 Add More Meeting Date Announced on Purpose Details May 24, 2023 May 23, 2023 Board Meeting Audited Results & Final Dividend Feb 09, 2023 Feb 01, 2023 Board Meeting Quarterly Results Nov 11, 2022 Nov 02, 2022 Board Meeting Quarterly Results Sep 27, 2022 Jul 04, 2022 AGM - Aug 12, 2022 Aug 04, 2022 Board Meeting Quarterly Results • About LIC Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 377,222.86 Crore) operating in Financial Services sector. Life Insurance Corporation of India key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments and Other Operating Revenue for the year ending 31-Mar-2022. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 200,927.81 Crore, up 1.49 % from last quarter Total Income of Rs 197,984.89 Crore and down 5.38 % from last year same quarter Total Income of Rs 212,344.13 Crore. Company has reported...

Shares of state-owned insurance behemoth Life Insurance Corporation (LIC) of India extended their fall for the sixth straight session on Tuesday, making a new low of Rs 751 on the NSE. After a gap down start, LIC shares hit its intraday low of Rs 751 breaching the previous low of Monday. After breaching below Rs 5 lakh market cap on Monday, LIC market capitalisation has further come down to Rs 4.78 lakh crore. In fact, LIC shares now are down over 20 per cent from the issue price of Rs 949. In an interaction with Business Today TV, Avinnash Gorakssakar, Director-Research, Profitmart Securities, said, "It is true that LIC has not delivered the kind of performance market was expecting and has disappointed retail investors. Even the dividend of Rs 1.5 per share has come far below investors' expectations. However, I believe it is too early to write off LIC". Speaking on what the future holds for LIC investors, Gorakssakar said that there is limited downside from here for LIC and while short term traders may be in for some more disappointment, the company remains a long-term story. "I don't think LIC shares will slip below Rs 700, but it will also not give handsome returns too soon unless we see a very strong rate in their persistency ratios and in their profitability ratios. I'd say that long term investors should stay invested and not get perturbed by short-term volatility. Usually for business models to pan out and for these changes in strategy to play out, it takes a lot of...

Q: So as of now sticking to the number. What does this now mean in terms of your strategy for the current financial year, you have started the year on a good note. Are we to understand that it will be more in terms of OFS, especially looking at the market situation and what would be your assessment on the market situation also? As I said, I have been stressing it, that we have actually a dividend as well as the disinvestment put together. We have to look at it. The target is Rs 94,000 crore, put together for the current fiscal and we have a fair amount of — as I said that last year also — we had got good movement on dividend side; they continue to perform well and some of the indications are that the performances of the CPSEs continue to go very well. We have a consistent dividend policy as you know, and therefore consistently, the CPSEs have been giving very good dividends. You would have seen several CPSEs who have declared results, even the final dividend. But more than the final dividend, I think even at the interim stage, they have been giving a fair amount of dividend. And I think that has been an important part of our strategy as well. On disinvestment as I said, we have a number of transactions that are on the pipeline, and we endeavour to take them to completion. Some of the issues that we faced in these transactions are being sorted out. For example, in terms of some of these CPSEs, we had the issue of demergers. In NMDC Steel, we had in fact a very significant y...

Life Insurance Corporation stock forecast: Will the insurance giant rise? – Photo: ADOKAVAK / Shutterstock.com Life Insurance Corporation of India (LIC) slipped to a fresh record low of INR617 at the end of September 2022, which marked a torrid few months as a publicly-listed company forIndia’s largest ever initial public offering. The government-owned insurer has disappointed investors, having lost as much as 29% from a listing price of INR872 since its debut in May 2022. Nevertheless, LIC remains one of the most dominant life insurance companies globally, with a market share of 64.1% in India in terms of gross written premium (GWP) as reported in 2021. In this article, we take a look at Life Insurance Corporation of India, its price action and financial performance. You will also find a LIC share price forecast for 2022 and beyond from analysts. About LIC: Market leader in life insurance sector LIC was formed in 1956 by merging 245 private insurance companies as the government moved to nationalise the life insurance industry in India. Between 1956 and 2000, LIC was the only life insurance provider in India, which helped the first-to-market player establish its dominant position. The company distributes its products via agents, bancassurance partners, alternate channels comprising corporate agents, brokers and insurance marketing companies, digital channels, micro-insurance agents and point of sales persons. LIC has the biggest network of individual agents in India with a...