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LIC Share Price Target 2024, 2025, 2026, 2030

LIC Share Price Target
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LIC Share Price Target: LIC India has been an essential part of the Indian insurance industry for many years and has maintained its strong market position thanks to its wide assortment of insurance offerings.

Investors have been watching their LIC India share price, particularly in light of the company’s recent financial performance.

Whether you’re a seasoned investor or a beginner, this article will offer helpful information about the future of the LIC India share price and the potential for it to be the perfect investment option.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss LIC Share Price Target 2024, 2025, 2026, 2030.

It will help you in making a final decision about your next investment. However, first, let’s examine this company, its history and its complete business structure.

LIC Company Overview

LIC refers to Life Insurance Corporation of India, the biggest insurer in India. In addition, it’s also the biggest investor-owned company in the nation. LIC is a public company that the Government of India manages.

The company was established in 1956, and its headquarters are in Mumbai, India. There are currently over 13 lakh employees in the company. Over 245 companies and provident societies have been merged into the company.

Although the company has existed for quite some time and has been in the stock market since May 2022, it sold 3.5 percent of its stakes to the general public through an IPO.

In addition, the rest of the stake is owned by the government. The company’s business is running exceptionally well and performing very well on the stock market.

LIC Share Price Target 2024

LIC has been dubbed a Market leader and owner of the Indian life insurance company industry. It has a well-established distribution network and an extensive product portfolio. The value embedded for LIC as of September 30, 2021, was 5.396 million crore.

LIC provides insurance participation products and non-participating offerings like unit-linked insurance such as savings insurance products, medical insurance, term products, and pension and annuity products.

The company’s portfolio of products is well-diversified. However, at the moment, because of an excessive valuation of the company, it is unlikely that much growth will be expected.

It is anticipated that it will expand faster in the coming years. In this case, when considering LIC shares, 2024 may also be a great year for the company and its shareholders.

The first target for this year is around Rs 824, and its second target is Rs 960.

LIC Share Price Target 2025

LIC is a fundamentally strong firm that is strong. However, losing shares of market value to other private firms is a significant concern for LIC.

To get over this issue, LIC needs to promote its goods aggressively. By having Big Capital, LIC India can outdo any other firm in the market.

It just needs to move in the proper direction. Currently, other well-known private players pose the greatest danger to LIC.

If the management team of LIC can sustain and increase the market share, reasonable targets can be met in 2025.

If we consider the LIC Share Price Target for 2025, then the initial target of 2024 could increase to Rs 950, and the next target could go up to 1100.

We’ll let you know that the company’s agents sell insurance from the company not just in person but also on the Internet. In addition, the company also manages advertisements for its insurance.

LIC Share Price Target 2026

LIC Company India has the largest individual agent networks of life insurance firms in India. The company owns 248 branch offices and 1,559 satellite offices throughout India, covering 91% of the districts across India.

Because of the consolidation with branch expansion and cost rationalization, the overall cost is slowly falling across the insurance industry.

However, due to the high costs and commissions relative to the business sector, the overall cost-to-cost ratio for private companies is still higher than the cost ratio of LIC.

Because of this, even employees working for the company are not allowed to leave the work. The company pays attention to the smallest aspect.

If we consider LIC Share Price Target 2026 within this scenario, then the first goal for 2026 will likely be around 1200, and the second one is the Rs 1350 target.

LIC Share Price Target 2030

As you can see throughout India’s entire insurance industry for many years, there is a massive potential for growth; however, India is lagging in the insurance industry compared to other developed nations with the same high population density seen in the country.

This is why it is expected that in the near future, there will be an enormous chance for companies in this industry to expand their operations.

If analysts’ forecasts are to be taken seriously, they are right; there is a huge opportunity for the Indian sector of insurance anticipated to grow by approximately 16-17 percent over the next five years.

Because of the increasing incomes of individuals and the growing awareness of insurance among the population, people are purchasing increasing numbers of insurance plans, so the market percentage of insurance is growing quickly.

Life Insurance Corporation of India (LIC) is the largest firm in the industry and a trusted choice for the public who trust it; LIC will benefit the most from this expansion.

If we consider the longer term, i.e., 2030, then by 2030, this company will also provide strong returns.

If we talk about LIC Share Price Target 2030, the first target of 2030 is as high as Rs 2200, and the second target is Rs 2800.

Important Factors of LIC Share Price

Finance Performance, Profitability, and Financial Efficiency

In the last few years, LIC has shown consistent revenue growth, with an average of 16% per year. Net income at LIC has increased steadily to INR 1,087.933 crores in the previous fiscal year.

This stability in the financials and its profitability suggests the possibility for future growth that could positively affect its share price.

Economy and market conditions Perspective

The insurance industry is growing rapidly and has an annual compound growth rate (CAGR) of 15 percent over the past five years.

In addition, there is a sense that it is also evident that the Indian economy is set for improvement, boosting consumer confidence and boosting demand for Insurance products.

These circumstances make for a favorable atmosphere for the growth of LIC, and you may expect a rise in the LIC share price.

Government’s Policies and Regulatory Changes

The latest amendment to FEMA regulations allowing foreign direct investment (FDI) as high as 20% into the LIC has opened the door for more capital flows and partnerships.

The regulatory framework changes can boost LIC’s growth potential and positively affect its shares’ price.

The competition within the Insurance Industry

Although LIC has a monopoly on this Indian insurance market, with a market share of 67%, the company is faced with an increasing challenge from private players.

Private life insurance companies saw the highest growth rate at 18% CAGR for the total premiums in FY2016 through FY2021, whereas LIC’s growth rate was at 9.9% CAGR for the same time.

The reason for this rise in competition is the LIC’s lack of policy development and a lesser emphasis on plans that compete with its competitors.

The increase in competition could be an issue for LIC’s future growth.

Examining the LIC’s Fundamentals

Let’s examine the key financial ratios and other metrics that offer insight into the performance of LIC and its value.

Earnings Per Share (EPS): Over the last five years, LIC has consistently increased EPS, with an average of about INR 63.8. This shows that the company can earn a steady income, which is a good signal for investors.

Return on Equity (ROE): LIC has consistently maintained a high ROE of about 130% in the last couple of years, proving its efficiency in using shareholder funds to make profits. A higher ROE indicates that LIC successfully manages its assets and creates the most value for shareholders.

Rate of Price to Earnings (P/E Ratio): Currently, LIC’s P/E ratio is around 14.3, which indicates it is willing investors to invest 10x the amount of profits for their shares. This ratio can provide insight into the mood of the market and what investors expect about the future growth of LIC.

Rate of Equity Debt (D/E Ratio): LIC is a zero-debt company. This indicates a more prudent capital structure and less risk to the financials, which benefits investors looking for a long-term investment.

Technical Analysis of LIC Stock

Alongside fundamental analyses, the analysis of technical aspects could give valuable insight into the price of LIC’s shares. Let’s look at the most important technical indicators which can aid in assessing the performance of LIC:

Current Trend: Looking at the current trend of LIC, The shares of LIC have been showing an overall mixed trend (an overall downward trend) in the past twelve months. The experts call it a price discovery stage where an IPO stock is moved up and down until it reaches the right price.

LIC price trend: It is possible to expect an upward trend from today if it surpasses the 900 level of resistance, and secondly, the market appears to be bullish for the coming months, which is an advantage.

Exponential Moving Average 200 (EMA200): EMA200 is a popular indicator that aids in identifying long-term trends and levels of support/resistance.

Moving averages in LIC: At present, LIC’s share price is at around 909.75. That’s higher than the EMA 200 of 732.58.

However, technical analysis suggests an excellent chance for the reversal of the trend and a further upward trend within the next few months.

You can also utilize indicators of the technical market to forecast the pattern of candlesticks to follow for the price of the stock.

Future of Life Insurance Corporation of India (LIC) share

In examining the operations of LIC from an angle towards the next decade, bearing in mind the growing opportunities in the insurance industry and the future of insurance, the company could be observed slowly shifting its focus towards digitalizing its operations, and the operations of LIC will expand.

In the near future, it is expected that businesses will be operating rapidly. The Government of India is also promoted greater under its new plan that promotes the insurance industry.

With that, people have begun to realize the benefits of insurance as a method of managing their risk, thanks to the thriving insurance market. The market will increase in size in the near future and also.

conclusion

This article is a complete guide to LIC Share Price Target, where you can find out what LIC is, its businesses, and LIC Share Price Target 2024, 2025, 2026, 2030. Also, We have talked in detail about LIC’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of LIC so that you can consider investing in the future.

If you have any questions, please contact us in the comment box. We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

FAQ

Should I invest in LIC shares?

The insurance industry is less developed in the present. Many experts believe that the sector will increase at a decent rate in the near future.

Who owns LIC?

The Government of India owns LIC.

Is LIC a good company to invest?

ROE AND ROCE are over 80. The company is debt-free. A strong brand image is what makes LIC an excellent business.

What’s the future for LIC price per share?

Future prospects for LIC are extremely bright because the insurance market will expand, and the growth will be visible in the industry of LIC.

How will LIC Share be in the near future?

Because LIC is a reputable name in the insurance industry, it can effectively profit from increasing opportunities in the upcoming time since the business will continue to grow in the coming years. LIC shares are also expected to provide good returns to shareholders.

Is LIC share good for long term?

LIC shares could see lots of changes and fluctuations in the near time; however, over the long term, they can yield very steady and stable dividends to shareholders.

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