|
12 Sep 2025 |
Life Insurance Corp
|
Consensus Share Price Target
|
876.65 |
1106.24 |
- |
26.19 |
buy
|
|
|
|
|
29 May 2023
|
Life Insurance Corp
|
BOB Capital Markets Ltd.
|
876.65
|
775.00
|
605.20
(44.85%)
|
Target met |
Buy
|
|
|
APE grew 12.5% YoY in FY23 led by strong 36% growth in non-par products; non-par constituted 8.9% of APE vs. 7.1% in FY22
|
|
06 Apr 2023
|
Life Insurance Corp
|
BOB Capital Markets Ltd.
|
876.65
|
800.00
|
550.55
(59.23%)
|
Target met |
Buy
|
|
|
Extensive presence, brand equity and leadership in group life business serve as strong moats, supporting NBP market share of over 60%
|
|
22 Feb 2023
|
Life Insurance Corp
|
Geojit BNP Paribas
|
876.65
|
765.00
|
595.95
(47.10%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2023
|
Life Insurance Corp
|
ICICI Securities Limited
|
876.65
|
917.00
|
606.70
(44.49%)
|
Target met |
Buy
|
|
|
LIC is treading well towards increasing VNB by pushing product mix towards non- participating segment (9.45% in 9MFY23 Individual APE mix). However, volume growth has outperformed the industry in 10MFY23TD (25% YoY growth for LIC vs 19% growth for private insurers in terms of total weighted APE), especially in group segment (52% YoY growth in 10MFY23 vs 26% growth of private insurers in terms of group weighted APE).
|
|
23 Nov 2022
|
Life Insurance Corp
|
ICICI Securities Limited
|
876.65
|
917.00
|
625.80
(40.08%)
|
|
Buy
|
|
|
Key takeaways include: (1) Reiteration towards sustained path of VNB improvement (absolute as well as margin), (2) strategy of increasing bancassurance business.
|
|
14 Nov 2022
|
Life Insurance Corp
|
Motilal Oswal
|
876.65
|
870.00
|
654.70
(33.90%)
|
|
Buy
|
|
|
|
|
11 Nov 2022
|
Life Insurance Corp
|
ICICI Securities Limited
|
876.65
|
917.00
|
620.85
(41.20%)
|
|
Buy
|
|
|
Life Insurance Corporation of India (LIC) is the Indian insurance market leader with 44% share of the total APE market (on a weighted basis) as of FY22.
|
|
23 Aug 2022
|
Life Insurance Corp
|
Geojit BNP Paribas
|
876.65
|
810.00
|
678.85
(29.14%)
|
|
Buy
|
|
|
|
|
04 Jul 2022
|
Life Insurance Corp
|
Motilal Oswal
|
876.65
|
830.00
|
702.65
(24.76%)
|
|
Buy
|
|
|
|
|
10 May 2022
|
Life Insurance Corp
|
AUM Capital
|
876.65
|
|
|
|
IPO Subscribe
|
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