In May 2022 the LIC IPO was launched and it was listed for nearly Rs. 867 but the price band per share was set to Rs. 902 – 949. There was also some discount for the retail investors and the LIC policyholders. After the listing, the LIC share started falling and made of low of Rs. 530 in March 2023. LIC share price target for the next few years looks positive.
The LIC stock is down by approx 30% from its all-time high as of 19 August 2023. From the last few months, the LIC stock going up and currently, it is approx 23% up from its all-time low. Most probably in the upcoming years, we can see some good returns.
It was expected that the stock will give a huge return just after listing in the stock market to the LIC IPO holders. In reality, they face a huge loss in the LIC stock, and currently, they are in big loss too. As of now, the LIC stock price is going up and according to some experts, the investors’ loss can be turned into profit in the next 1 – 2 years.
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LIC (Life Insurance Corporation of India) In an Indian company. The company was founded in 1956 and as of now, its managing director is Shri. Siddhartha Mohanty.
LIC is involved in the insurance business, the company provides many types of insurance plans in India and other counties too. Not only insurance plans they also have a few more plans like pension plans, unit linked plans, micro insurance plans, and withdrawn plans. In the insurance plans they offer endowment plans, whole life plans, money-back plans, and term assurance plans.
In short, they have many types of plans and some group schemes you can check on their official website in detail.
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, it is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the LIC (Life insurance corporation of India) company were last updated on 19 August 2023. Check the latest information on any broker website or screener.
Revenue Growth (Last 5 Years)
|Year||Revenues (In Crores)|
Quarterly Results (Last 5 Quarters)
|Quarter||Total Income (In Rs. Cr.)|
|MARKET CAP||Rs. 4,11,630.85 Cr|
|ENTERPRISE VALUE||Rs. 3,73,277.39 Cr.|
|NO. OF SHARES||632.50 Cr.|
|FACE VALUE||Rs. 10|
|DIV. YIELD||0.46 %|
|BOOK VALUE (TTM)||Rs. 87.53|
|CASH||Rs. 38,353.46 Cr.|
|DEBT||Rs. 0 Cr.|
|EPS (TTM)||Rs. 71.55|
|SALES GROWTH||195.64 %|
|PROFIT GROWTH||800.23 %|
|Held By||Holding %|
|Other Holders||0.0 %|
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector will face problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they did not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
LIC Share Price Target
In the recent few weeks, a few price action patterns were formed in the LIC share chart. The pattern indicates that the stock should go up in the upcoming months. As of now the stock is still in the same range and the chance of going up is also very high. As it was already in a downtrend from the last few months even the LIC company was very powerful.
If you still should the LIC share and you are at a loss then you should hold it for the next few months. According to the current price action and the expert’s advice the LIC share price should go up in the future.
In Life insurance, there are a lot of companies that offer many types of Life insurance. There is also very tough competition in the Life insurance field. Most companies have many types of Life insurance with different plans but LIC has only a few Life insurance types with a limited number of plans.
It does not mean the LIC is a weak company. LIC comes in the list of top companies providing Life insurance services. the LIC share price target in the future will be very interesting.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
LIC share price target 2025
In the last 5 months, the LIC share price started going up and as of now, it is trading at Rs. 650. In the last few months, the LIC share price is almost up by 25 – 27% which indicates a sharp recovery in the stock.
In LIC stock there is a pattern formed called Parrell channel. Once the stock gives a breakout from the channel pattern it is considered as a bullish pattern. In a few weeks to months, a good return can be seen. These types of patterns are for swing trading in a higher timeframe.
We are sharing because it is never given parrell channel breakout of breakdown in the higher time frame after the listing in the stock market.
For the long term at least 2 – 3 years, the stock looks very good. After the listing of the stock the stock and market faced a lot of problems and news as a result the stock went down.
If you are a long-term investor you should do companies between all company’s insurances plan and the LIC company. It will help you to understand which company is better at providing life insurance plans.
Investing in LIC can be a good idea as of now. The stock is already down from its all-time high and the experts suggesting a buy for the long term in the stock. Also, do your own analysis before investing in LIC as there are also many companies.
The revenue growth of the LIC company over the last 5 years is increasing. Most probably it will keep rising in the upcoming years too. You can check the revenue growth and the quarterly results of the LIC at the top side of the post.
According to the current situation, the stock looks very bullish. The LIC share price target for 2025 can be very high and most probably it should go near its all-time high or it can also create a new all-time high.
Final Words: Hope you know they’re only 3.5 – 4.5% of people have life insurance in India and it is a very small number. As awareness and people’s income will increase the number will also increase in the upcoming few years. Not only the LIC share price target but also other companies’ shares will grow a lot in the future. Do a proper analysis of insurance companies and the industry to get a massive return in the long term.
As of now, there is a very huge opportunity for investors in the life insurance or other insurance industries.