The Life Insurance Corporation of India (LIC) is one of India’s most trusted insurance companies. This article gives you a detailed overview of this stock and its future performance also, after this analysis, we discuss the LIC Share Price Target from 2025 up to 2030.
LIC is listed on the Nation Stock Exchange and Bombay Stock Exchange in the year 2022 and since this year LIC has given a good return for its investors. First of all, we understand the basic metrics of this stock and then we take a look at the past performance of this stock and the financial condition of this stock. Then we present the share price prediction for this company in the upcoming years.
Life Insurance Corporation of India Limited (LIC)-Overview
Life Insurance Corporation of India Limited was established in 1956 and since that year LIC has grown in the field of providing trustable insurance for the public. The market capital of this company is 687780Cr.
Overview of LIC Company Share | Data |
Company Full name | Life Insurance Corporation of India (LIC) |
Chairman Name | Siddhartha Mohanty |
MD Name | Shri M Jagannath |
Founder Name | Surendranath Tagore |
Founding Year | 1Sep 1956 |
Market Cap | 5.85T INR |
Book Value | 130.82 |
Face Value | 10 |
52 Week High | ₹1,222.00 |
52 Week Low | ₹598.25 |
LIC Share Price History Chart
Time | Per Share Price in INR |
Before 5 Day | 923.25 |
Before 1 Month | 931.00 |
Before 6 Month | 934.00 |
Before 1 Year | 611.40 |
Before 5 Year | 826.15 |
All Time Max | 1179.55 |
Future Prediction of LIC Share Price Target 2025 to 2030
Now we will know about the price prediction of LIC shares from 2025 to 2030. We provide you a detailed table where you find the three target prices a year, the first price is indicate January to April and second target price is from May to August and the last target price is from September to December.
Year | First Target | Mid Target | Last Target |
LIC Share Price Target 2025 | 1250 | 1290 | 1320 |
LIC Share Price Target 2026 | 1340 | 1370 | 1400 |
LIC Share Price Target 2027 | 1420 | 1450 | 1495 |
LIC Share Price Target 2028 | 1510 | 1580 | 1610 |
LIC Share Price Target 2029 | 1620 | 1675 | 1720 |
LIC Share Price Target 2030 | 1750 | 1795 | 1825 |
LIC Share-Fundamentals
The dividend yield of LIC is 0.92% and the price-to-earnings ratio is 16.81 and other matrices are available in the table below.
Fundamentals of LIC Share | LIC Data |
P/E Ratio (TTM) | 16.81 |
P/B Ratio | 8.31 |
Industry P/E | 13.96 |
Debt to Equity | 0.00 |
Return on equity (ROE) | 49.45% |
EPS (TTM) | 64.69 |
Div Yield | 1.08% |
Year-wise Financial Data of LIC Company
If we take a look at its yearly profit then LIC continuously generates profit and if we see the profit of the last year then it was 35997Cr which was less than 2022 but the net worth of this company is on boom. The net worth in 2022 was 11459Cr but after one year this net worth increased four times from the past net worth and current is 46350Cr.
Year | Yearly Revenue | Yearly Profit | Yearly Net Worth |
2019 | 571523Cr | 2627Cr | 897Cr |
2020 | 646215Cr | 2710Cr | 1098Cr |
2021 | 704896Cr | 2974Cr | 6983Cr |
2022 | 728945Cr | 4125Cr | 11459Cr |
2023 | 796609Cr | 35997Cr | 46350Cr |
The share price prediction of LIC in upcoming years also depends on its financial condition which is presented in the above table and if we consider this growth for the future then LIC gives its investors a huge return.
Conclusion
If we look at the past performance of this company, then it does not give a return like a jackpot but the company’s overall performance in the stock market is good and as a new listing company this overall return percentage is also good. I want to tell you that the last year’s return of this company was +82% and the overall return, which means the last 2 year’s returns because the company was listed in 2022 was +35%.
For the price prediction of other stocks, you can check the Home Page.