Lic share price nse

"This is a momentous event, in line with PM's vision. We saw the greatest retail participation in any IPO" says Tuhin Kanta Pandey, Secretary DIPAM, at LIC listing ceremony. Watch The foreign brokerage has suggested a target for LIC at Rs 1,000, which hints at a modest 5.37 per cent upside over the issue price of Rs 949. However, Macquarie said LIC's brand and distribution franchise is unparalleled. Following its recent reorganisation, the company is set to increase its share of non-participating pure protection products, which currently forms just 5-6 per cent of its overall portfolio, it said. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

LIC (Life Insurance Corporation of India) share price tumbled for the ninth consecutive day on Friday to a fresh all-time low of Rs 709.20 apiece on BSE. The 30-day lock-in period meant for anchor investors in initial public offerings (IPOs) is set to end for companies such LIC, which made their debut share sale last month. This will allow anchor investors to sell their existing shares in the market. The stock price is now 25.22 per cent down from the IPO price of Rs 949 apiece Analysts say that despite being a fundamentally sound company and having a decent listing price, a higher inflationary environment coupled with bearish economic sentiment has led to the majority of the financials down including the insurance behemoth LIC. “Technically, only a daily close above 746 could trigger an uptrend with next support now at 681. Investors can buy if close above 746 or on a dip near 680,” AR Ramachandran, Co-founder & Trainer, Tips2Trades, told FinancialExpress.com.

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.;

Life Insurance Corporation of India: Share Price, Stock Analysis, Annual Report | Value Research Life Insurance Corporation of India: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/289807/life-insurance-corporation-of-india/ Get Life Insurance Corporation of India's stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides various insurance and investment products, such as protection, pension, savings, investment, annuity, health, retirement, variable capital redemption, unit-linked insurance, and annuity certain products. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. It provides micro insurance products; and riders, such as critical illness; premium waiver benefit; term assurance; and accident benefit, including accidental death and disability benefit. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India. AMCs: • 360 ONE • Aditya Birla Sun Life • Axis • Bandhan • Bank of India • Baroda BNP Paribas • Canara Robeco • DSP • Edelweiss • Franklin Templeton • Groww • HDFC • HSBC • ICICI Prudential • IDBI • Invesco • ITI • JM Financial • Kotak Mahindra • LIC • Mahindra Manulife • Mirae Ass...

Stock in focus: Life Insurance Corporation (LIC) of India or LIC share price today surged in early morning session. As the insurance stock trades ex-dividend today, LIC shares opened upside and went on to hit intraday high of ₹679.90 apiece on NSE, logging near 0.55 per cent rise on Thursday session. In its previous exchange filing, LIC of India had informed Indian exchanges that the board of directors of the insurance company approved dividend payment of ₹1.50 per equity share to its shareholders for the financial year 2021-22. The company board also fixed 26th August 2022 as record date for finalising eligible shareholders for dividend payment. Later on, LIC of India informed about the record date citing, "With reference to the above we hereby inform that the Board of directors of the corporation at its meeting held today, has, inter alia, considered and approved record date for dividend payment will be 26th August 2022." LIC dividend yield On Wednesday, LIC shares finished at ₹675.90 apiece levels on NSE. As the corporation has announced dividend of ₹1.50 per equity share, current dividend yield of LIC is around 0.22 per cent. LIC share price history The LIC IPO was launched in May 2022 at a price band of ₹902 to ₹949 per equity share. Shares of the insurance behemoth had a discounted listing as it listed on BSE at ₹867.20 whereas it listed on NSE at ₹872 apiece, around 8 per cent lower from its upper price band of ₹949 per equity share. After listing, LIC share price h...

Sector Finance Compare with Sector peers Industry Finance - Housing Compare with Industry peers Website http://www.lichousing.com Market Cap 21,262.69 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) 7.35 Trailing Twelve Months Ending 2023-03 Industry PE 14.49 Trailing Twelve Months Ending 2023-03 Book Value / Share 492.68 Trailing Twelve Months Ending 2023-03 Price to Book Value 0.78 Calculated using Price: 386.55 Dividend Yield 2.20 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...

Life Insurance Corporation of India (LIC) shares made a tepid debut on the stock exchanges on Tuesday, May 17, listing at a discount to the IPO price. LIC shares started trading at Rs 865 apiece, down 8.65 per cent from its IPO price of Rs 949 on BSE. The share opened at Rs 872 on NSE, an 8.8 per cent discount over the premium. The sell-off in the global and domestic market, the hike in interest rates by the central banks and the accelerating inflating statistics, and an ongoing global war have dampened the euphoria around the listing of mega IPO. Shares of Life Insurance Corporation of India (LIC) listed at Rs 867.20 on the BSE, a 8.6 per cent discount when compared with its issue price of Rs 949 per share offered to qualified institutions and non-institutional buyers. On the National Stock Exchange (NSE), the stock opened at Rs 872, i.e. 8 per cent lower against its issue price. By close, the stock stood at Rs 873 on the BSE. Vinod Nair, Head of Research at Geojit Financial Services, said: “The subdued listing of LIC is in-line with expectations in context to the drop in market dynamics from the opening of the IPO to the listing date. The listing price has fallen in tandem with the fall of insurance sector valuations, maintaining the discount of about 70% to the industry’s average. Positively, the stock was brought at the dip. We believe that LIC is a decent investment opportunity in the short to medium-term considering its strong market presence, improvement in future p...

Stock in focus: Life Insurance Corporation (LIC) of India or LIC share price today surged in early morning session. As the insurance stock trades ex-dividend today, LIC shares opened upside and went on to hit intraday high of ₹679.90 apiece on NSE, logging near 0.55 per cent rise on Thursday session. In its previous exchange filing, LIC of India had informed Indian exchanges that the board of directors of the insurance company approved dividend payment of ₹1.50 per equity share to its shareholders for the financial year 2021-22. The company board also fixed 26th August 2022 as record date for finalising eligible shareholders for dividend payment. Later on, LIC of India informed about the record date citing, "With reference to the above we hereby inform that the Board of directors of the corporation at its meeting held today, has, inter alia, considered and approved record date for dividend payment will be 26th August 2022." LIC dividend yield On Wednesday, LIC shares finished at ₹675.90 apiece levels on NSE. As the corporation has announced dividend of ₹1.50 per equity share, current dividend yield of LIC is around 0.22 per cent. LIC share price history The LIC IPO was launched in May 2022 at a price band of ₹902 to ₹949 per equity share. Shares of the insurance behemoth had a discounted listing as it listed on BSE at ₹867.20 whereas it listed on NSE at ₹872 apiece, around 8 per cent lower from its upper price band of ₹949 per equity share. After listing, LIC share price h...

"This is a momentous event, in line with PM's vision. We saw the greatest retail participation in any IPO" says Tuhin Kanta Pandey, Secretary DIPAM, at LIC listing ceremony. Watch The foreign brokerage has suggested a target for LIC at Rs 1,000, which hints at a modest 5.37 per cent upside over the issue price of Rs 949. However, Macquarie said LIC's brand and distribution franchise is unparalleled. Following its recent reorganisation, the company is set to increase its share of non-participating pure protection products, which currently forms just 5-6 per cent of its overall portfolio, it said. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Life Insurance Corporation of India (LIC) shares made a tepid debut on the stock exchanges on Tuesday, May 17, listing at a discount to the IPO price. LIC shares started trading at Rs 865 apiece, down 8.65 per cent from its IPO price of Rs 949 on BSE. The share opened at Rs 872 on NSE, an 8.8 per cent discount over the premium. The sell-off in the global and domestic market, the hike in interest rates by the central banks and the accelerating inflating statistics, and an ongoing global war have dampened the euphoria around the listing of mega IPO. Shares of Life Insurance Corporation of India (LIC) listed at Rs 867.20 on the BSE, a 8.6 per cent discount when compared with its issue price of Rs 949 per share offered to qualified institutions and non-institutional buyers. On the National Stock Exchange (NSE), the stock opened at Rs 872, i.e. 8 per cent lower against its issue price. By close, the stock stood at Rs 873 on the BSE. Vinod Nair, Head of Research at Geojit Financial Services, said: “The subdued listing of LIC is in-line with expectations in context to the drop in market dynamics from the opening of the IPO to the listing date. The listing price has fallen in tandem with the fall of insurance sector valuations, maintaining the discount of about 70% to the industry’s average. Positively, the stock was brought at the dip. We believe that LIC is a decent investment opportunity in the short to medium-term considering its strong market presence, improvement in future p...