LIC share price

2024 - 2 - 8

Record High LIC Share Price and Positive Q3 Results

LIC - market cap - Q3 results - share price

LIC share price surges, reaching record highs ahead of promising Q3 earnings report. Get insights into LIC's impressive performance and market reception.

The Life Insurance Corporation of India (LIC) has witnessed a remarkable surge in its share price, hitting record highs before the announcement of its Q3 results. Analysts predict a positive outcome for LIC's Q3FY24 results, anticipating strong growth in new business premiums. The market excitement is palpable as LIC's stock value continues to climb, surpassing notable milestones.

Emkay reported a 14.3% YoY decline in APE to Rs 10561.70 crore for LIC's Q3 earnings, compared to Rs 12317 crore in the previous year. Despite this, the value of new business (VNB) remains a key focus, reflecting LIC's stability and growth prospects.

The recent surge in LIC shares, crossing Rs 1100 per share, reflects the growing investor confidence in the company. Surpassing the IPO price struggle of 2022, LIC now aims for sustained gains, with analysts projecting further market success.

With a market capitalization exceeding ₹7 lakh crore, LIC stands as the fifth most valuable firm, showcasing its dominant position in the industry. The stock's consistent growth in recent months underscores LIC's strong performance and investor appeal.

Post cover
Image courtesy of "Livemint"

LIC share price hits record high ahead of Q3 results today. Buy, hold ... (Livemint)

They said that LIC Q3FY24 results are expected positive as new business premium growth is expected to remain healthy for the insurance behemoth. LIC Q3 results ...

Post cover
Image courtesy of "Business Today"

LIC to share Q3 results, announce interim dividend today. Profit may ... (Business Today)

LIC Q3 earnings: Emkay APE falling 14.3 per cent YoY to Rs 10561.70 crore compared with Rs 12317 crore in the year-ago quarter. Value of new business (VNB) ...

Post cover
Image courtesy of "Zee Business"

LIC Shares Surge 8%, Cross Rs 1100 Ahead of Q3 Results and ... (Zee Business)

Life Insurance Corporation of India's shares rose by 8% on Feb 8, surpassing Rs 1100 per share before their quarterly results. LIC's board will convene ...

Post cover
Image courtesy of "The Economic Times"

lic share price: From 'bhootiya bangla' to record high: PM Modi on ... (The Economic Times)

LIC, which was struggling to cross its IPO price of Rs 949 in 2022, has now breached the Rs 1000 mark with analysts gunning for more gains ahead on ...

Post cover
Image courtesy of "CNBCTV18"

LIC market cap above ₹7 lakh crore, stock at record high ahead of ... (CNBCTV18)

LIC shares have gained 17% in February after a 14% surge in January. The stock had gained 23% in December and 13% in November last year as well.

Post cover
Image courtesy of "India Today"

LIC shares hit record high today. Here's what PM Modi said (India Today)

The stock reached a new peak of Rs 1050.50, showing a rise of 2.52 per cent, before settling at Rs 1045, with a 1.98 per cent increase by the end of the ...

Post cover
Image courtesy of "Mintgenie"

Life Insurance Corporation of India share price Today Live Updates ... (Mintgenie)

Life Insurance Corporation of India stock price went up today, 08 Feb 2024, by 1.98 %. The stock closed at 1024.7 per share. The stock is currently trading ...

Post cover
Image courtesy of "Financial Express"

LIC becomes fifth most valuable firm as stocks soar (Financial Express)

The stock climbed 5.86 per cent to settle at Rs 1106.25 apiece on the BSE. During the day, it zoomed 9.51 per cent to hit its record high of Rs 1144.45.

Post cover
Image courtesy of "ET Now"

LIC share price target 2024: Stock zooms to all-time high, BUY ... (ET Now)

The Life Insurance Corporation of India, on Thursday reported the Q3 FY 2024 results. In the quarterly earnings on February 8, LIC reported a profit after ...

Post cover
Image courtesy of "Hindustan Times"

LIC Q3 profit rise 49%; now 5th most valuable firm on pre-results ... (Hindustan Times)

LIC Q3 results: State-owned insurer LIC reports a 49% increase in net profit to ₹9444 crore, compared to ₹6334 crore in the same period last year.

Post cover
Image courtesy of "Zee Business"

LIC December Quarter Results: Profit jumps to Rs 9344 crore ... (Zee Business)

LIC's net premium income in the quarter under review grew 4.5 per cent to Rs 1.17 lakh crore from Rs 1.11 lakh crore, and solvency ratio improved to 193 per ...

Post cover
Image courtesy of "Hindustan Times"

LIC shares on a tear, will the stock continue to rise today? (Hindustan Times)

On Thursday, the LIC stock zoomed 9.51 per cent to hit the record high of ₹1144.45 before settling at a six per cent gain at ₹1106.25.

Post cover
Image courtesy of "Livemint"

LIC share price rises 5% to scale 52-week highs post Q3 results; Net ... (Livemint)

Stock Market today- Life Insurance Corporation Of India share price gained more than 5% to touch fresh 52-week highs in morning trades on Friday post Q3 ...

Post cover
Image courtesy of "Business Today"

ITC, LIC, ICICI Bank: Key resistance and support levels for these ... (Business Today)

The price action in LIC has entered a new leg of breakout post hitting a fresh all-time high. The current bias is witnessing a bullish momentum in the ...

Post cover
Image courtesy of "The Economic Times"

lic q3fy24 earnings: LIC Q3 Results: Profit zooms 49% YoY to Rs ... (The Economic Times)

LIC Q3 Results: The net premium income for the third quarter rose 5% year-on-year to Rs 1.17 lakh crore, compared with Rs 1.11 lakh crore in the ...

Explore the last week