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Coforge shares saw a significant jump following robust Q4 financial results. The company reported a substantial surge in net profit and rev...

Govt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...

Infosys, once a market leader, has lost significant value and exited India's top 10 companies. Investors are concerned about future growth ...

Gold ETFs have rallied up to 61% since last Akshaya Tritiya, driven by geopolitical tensions, central bank buying, and safe-haven demand. E...

LIC reported strong first-half performance with growth in annual premium equivalent and value of new business, driven by non-par products a...

Global broking firm JPMorgan upgraded LIC to overweight from neutral and raised the target price to Rs 1,340 from Rs 690 earlier. Stating t...

Life Insurance Corporation of India (LIC) has reported a standalone net profit of Rs 13,428 crore for Q4 FY23, a 466% increase YoY, prompti...

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 quarte...

The business momentum continues to be strong for LIC and as a result, the overall market share by first-year premium income was 65.38% for ...

Promoters held 96.5 per cent stake in the company as of 30-Sep-2022, while FIIs owned 0.31 per cent, DIIs 0.79 per cent.

"The margin expansion, driven by the shifting of product mix by its unparalleled agency force, should boost VNB (value of new business) gro...

"A correction in the equity market can pose a significant risk to EV because of its large equity investment book, especially in the non-par...

Given the lower life insurance penetration in the country as well as the multiple competitive moats which LIC has at its command, brokerage...

"Increasing non-participating mix (currently ~5% in APE mix as of Q1FY23) and change in surplus distribution policy are significant growth ...

The brokerage has a price target of Rs 830 on the stock based on 0.8 times FY24 EV, as it expects gradual margin recovery and diversificati...

"Financialisation of savings is a big theme to play. LIC, on its part, is a behemoth."