LIC posted a strong March quarter performance with net profit rising 23% year-on-year to Rs. 23,420 crore.
The company recorded healthy premium growth across segments, with first-year premium income increasing to Rs. 12,970 crore.
LIC shares touched an intraday high of Rs. 839 after the earnings announcement, while analysts remain positive.
The Life Insurance Corporation of India (LIC) share price is in focus today following a strong earnings report. The state-run insurance giant posted a 23% year-on-year growth in net profit for the March quarter. The strong financial performance boosted market sentiment. The stock went up 2.22% to Rs. 818 at press time.
Let’s explore an in-depth LIC share price analysis to understand what’s driving the stock today.
LIC reported a net profit of Rs. 23,420 crore for the January-March quarter, up from Rs. 19,013 crore in the same period last year. This growth came from its main insurance business and better returns on investments. Total income for the insurer rose to Rs. 2,53,592 crore compared to Rs. 2,22,805 crore in last year's matching quarter.
First-year premium income grew to Rs. 12,970 crore from Rs. 11,069 crore. Meanwhile, renewal premiums brought in Rs. 81,933 crore, up from Rs. 79,138 crore a year ago. These figures show that the company is sustaining its growth across different income streams.
In early morning, LIC shares jumped nearly 5% to touch an intraday high of Rs. 839 on both the BSE and NSE. The stock opened strong at Rs. 835, well above its previous close of Rs. 800.20. Meanwhile, its daily low stood at Rs. 810.50.
LIC share price chart on Moneycontrol shows gains of 2.49% in the afternoon trading hours:
Here are some more key metrics that you should be aware of, based on Moneycontrol data.
| Financial Metric | Current Value |
|---|---|
| Current Share Price | Rs. 818 |
| Daily High / Low | Rs. 839 / Rs. 810.50 |
| Volume / Volume 20D Avg | 99,95,488 / 13,10,205 |
| Volume Weighted Average Price (VWAP) | Rs. 822.43 |
| Trailing Twelve Months (TTM) PE | 9.76 |
| Sector PE | 16.82 |
| Price to Book (P/B) Ratio | 3.37 |
| Market Capitalization | Rs. 5,17,479 Crore |
| 52-Week High / Low | Rs. 980 / Rs. 721.50 |
| Dividend Yield | 1.47% |
The continuous growth in earnings has made analysts optimistic about the future of India's largest insurer. Out of 23 analysts on Moneycontrol, 65% of analysts recommend a ‘Buy’, 17% suggest an ‘Outperform’ stance, and 13% advise ‘holding’ the stock. Only 4% recommend ‘selling’.
LIC is a leading firm in the financial sector with a market cap of Rs. 5,17,479 crore. While the stock is trading below its 52-week high of Rs. 980, its all-time high is Rs. 1,222. The low PE ratio and 23.56% year-on-year growth in trailing EPS (Rs. 83.81) offer a strong cushion for long-term investors.
On the other hand, the current price is comfortably above its 52-week low of Rs. 721.50 and all-time low of Rs. 530.05, establishing a solid floor for the stock. Investors should keep an eye on these price levels before making decisions.
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LIC share price moved higher after the company announced strong quarterly earnings for the January-March period. The insurer reported a 23% increase in net profit compared to the same quarter last year. Investors also reacted positively to higher premium collections and better investment income. Strong financial growth usually improves market confidence, which helped the stock gain momentum during trading.
LIC reported a net profit of Rs. 23,420 crore in the March quarter, up from Rs. 19,013 crore last year. Total income also increased to Rs. 2,53,592 crore. The company saw growth in both first-year premiums and renewal premiums. These numbers show that LIC continues to expand its core insurance business while also benefiting from stronger returns on investments.
Many investors consider LIC reasonably valued because its trailing PE ratio stands at 9.76, which is lower than the sector PE of 16.82. A lower PE ratio often suggests that a stock may still have room for growth if earnings remain strong. Analysts are also positive because the company has shown steady EPS growth and maintains a dominant position in India’s insurance sector.
Analyst sentiment on LIC remains largely positive. According to available data, around 65% of analysts recommend buying the stock, while 17% suggest an outperform rating. Only a small percentage advise selling. Analysts believe LIC’s strong market position, stable earnings growth, and attractive valuation make it a good long-term investment option for many investors.
Investors are closely watching both resistance and support levels in LIC shares. The stock recently touched an intraday high of Rs. 839, while its 52-week high remains at Rs. 980. On the downside, the stock has support near Rs. 721.50, which is its 52-week low. Traders may monitor these levels carefully to understand future price movement and market sentiment.
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