Lic is India’s largest Insurance provider and one of the oldest insurance companies in India.
Lic company has a market share of about 66.2% the new business premium company has a wide range of products and they offer the insurance of the product and non-participating products like insurance policy insurance, term insurance, Health insurance, and Annuity and pension Products.
The Life Insurance Corporation of India (LIC) is a behemoth in the Indian insurance market, and its stock is closely watched by investors.
But predicting the future of any stock is always a challenge, and LIC is no exception. However, by analyzing various factors, we can try to gauge the potential future of LIC stock.
In this article, we are analyzing the LIC Share Price Target for 2025,2030,2040,2050. Based on experience and Experts’ Opinions we predict a share price target.
LIC Company Overview
Life Insurance Corporation of India (LIC) is a state-owned life insurance company and the largest financial institution in India. Established in 1956, LIC has grown to become a major player in the Indian insurance market, with a dominant share of over 60%.
Products and Services:
- Traditional Life Insurance: LIC offers a wide range of traditional life insurance plans, including endowment plans, money-back plans, whole life plans, and term insurance plans.
- Unit Linked Insurance Plans (ULIPs): LIC also offers ULIPs, which combine life insurance coverage with investment options in a variety of mutual funds.
- Pension Plans: LIC provides pension plans to individuals, as well as group pension plans for employees.
- Health Insurance: LIC offers a range of health insurance plans, including individual and family floater plans.
- Microinsurance: LIC offers microinsurance products to low-income individuals and groups.
Company Name | Life Insurance Corporation of India |
Market Cap | ₹ 4,06,413 Cr. |
ROE | 130 % |
Debt | ₹ 0.00 Cr. |
Cash | ₹ 304.94 Cr. |
Promoters | 58.86 % |
52 Week High/Low | ₹ 754 / 530 |
Debt to equity | 0.00 |
Sector P/E | 49.6 |
Website | https://licindia.in/ |
The last 3-month stock return is 17.05%. which is good. But stock declined after listing in NSE. But now the stock is in bullish mode. Experts also suggested big Target. In the financial year 2023 company’s total revenue increased by 9.34% the revenue is Rs 7,92,427.15 Cr.
Net Profit for this quarter increased by 1498.42% year-on-year. Total Revenue for this quarter increased by 12.07% year-on-year. In FY2022 LIC Revenue was Rs 7,24,742 Cr. Lic share price target in 2025 is between Rs 850 to 950.
The company’s Year-on-year revenue growth is 8.79%. Net income is 320.06%. which is really good. In June 2023 company’s quarterly operating profit was Rs 10,0886 against the previous quarter’s operating profit in March 2023 was Rs 13,797 Cr.
Over the last 5 years, the current ratio has been 309.09%, vs. the industry average of 78.91% Stock is expected to give the same result next year. Lic share price target in 2030 is between Rs 1500 to 1600.
In insurance, India has huge growth potential. India has the lowest insurance of 69.
Whereas Singapore’s 5,414. Mean high growth potential in this industry.
LIC has 66.2% of the market share in India. So being a leader in insurance lic would take the highest benefits.
Lic share price target in 2050 is between Rs 3900 to 4000.
The LIC stock has 96.50% promoter holding. Which really good sign for the company. Stock P/E 11.39 which is really good p/e.
The balance sheet of LIC company is also very well. Company growth potential is high and the scope of insurance is high hence stock will also grow along with the company.
Lic share price target in 2050 is Rs 6500 to 6700.
Years | Minimum Target | Maximum Target |
2025 | Rs 850 | Rs 950 |
2030 | Rs 1500 estimated | Rs 1600 estimated |
2040 | Rs 3900 Approx | Rs 4000 Approx |
2050 | Rs 6,500 Appox | Rs 6,700 Approx |
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Strength
- LIc has 66.2% of the market share
- Return on equity 130%
- ROE is 130%
- Market Leader
Weaknesses
- The current ratio is 3.14
- Quarter results are good
Experts Review On LICI Stock
Source | BUY | HOLD | SELL | Total |
Trading View | 12 | 3 | 1 | 16 |
Economics Times | 21 | 12 | 5 | 16 |
Yahoo Finance | 3 | 3 | 9 | 15 |
Overall | 36 | 18 | 15 | 47 |
According to the Tradingview website Target price for the next 1 year is Rs 1045.
According to the Moneycontrol website
86% of analysts have by call on LIC Stock and 14 as a sell.
According to the Economic Times website
16 analysts have their reviews 12 have a buy three have a hold one has a sell.
Conclusion
Lic is owned by the government of India. So the company is very stable. The balance sheet is also very good. Yes, stock declined but company financials are strong. Experts are also bullish on this Stock.
This article is for Educational purpose .Do not invest on behalf of information provided in the article. Please consult an expert before making decisions We are not SEBI registered advisor .
FAQ
What is the price target of LIC in 2030?
LIC share price target in 2030 is between 1500 to 1600.
What is the share price target of LIC in 2025?
LIC share price target in 2025 is Rs 850 to 950.
Is it good to buy LIC shares?
86% of analysts have buy calls on LIC shares.
Is LIC profitable?
Yes, LIC is a profitable company.
Which company is LIC invested in the most?
LIC invested 49.24% equity in IDBI Bank.