LIC Stock Price Forecast: 2024, 2025, 2028, 2030, 2035, and 2040 :- Delving into the expected trajectory of LIC’s share price from 2024 to 2030, originating from the current value of ₹1040.80, this discussion will provide a comprehensive overview. Despite the recent dip in LIC’s share price, Religare Broking maintains an optimistic outlook, predicting a rebound following a slight correction. Notably, Religare Broking has assigned LIC shares an “Accumulate” rating, with a target price set at Rs 1,232.
Established in 1956, LIC is a prominent state-owned insurance and investment firm in India, playing a pivotal role in the nation’s insurance landscape. Being fully owned by the Government of India, LIC’s shares are not publicly traded on stock exchanges like those of other companies. The anticipated LIC share prices are as follows: ₹1077.45 in 2024, ₹1012 in 2025, ₹942 in 2026, ₹1064.50 in 2027, ₹1112.70 in 2028, and ₹1232.00 by 2030.
LIC Stock Price Forecast
What Is LIC ?
LIC stands for Life Insurance Corporation of India. It is a state-owned insurance and investment company in India, established in 1956. LIC is one of the largest insurance companies in India and offers various life insurance and investment products to individuals and organizations. It plays a significant role in the Indian insurance industry and is known for its wide range of insurance plans, including term insurance, whole life insurance, endowment plans, and pension plans, among others. Additionally, LIC also invests in various sectors of the economy to generate returns for its policyholders.
Company Profile
| Company Type | Public |
| Traded As | BSE : 981.30 NSE :LICI |
| Industry | insurance and investment |
| Founded | 1956 |
| Headquaters | Mumbai |
| Area Served | india |
| CMD | Mr. M R Kumar |
| Revanue | 7.85 lakh crores INR |
| Net Income | 983.65 crore INR |
| Number Of Employees | 95,700 |
| Website | Lic |
LIC Fundamentals
| Revenue | 7.93 Trillion INR | ⬆ 8.97% YOY |
| Operating expense | 462.91 Billion INR | ⬆ 24.79% YOY |
| Net Income | 426.72 Billion INR | ⬆ 320.06% YOY |
| Net Profit Margin | 5.38 | ⬆ 284.29% YOY |
| Earnings Per Share | 56.91 | |
| EBITDA | 347.35 Billion INR | ⬆ 7500.23% |
| Effective Tax Rate | 11.36% | |
| Total Assets | 45.78 Trillion INR | ⬆ 7.63% YOY |
| Total Liabilities | 45.32 Trillion INR | ⬆ 6.82% YOY |
| Total Equity | 463.50 Billion INR | |
| Return on assets | 0.48% | |
| Return on Capital | 74.10% | |
| P/E Ratio | 14.14 | |
| Dividend Yield | 0.53% |
LIC Share Price Historical Chart
LIC Share Price Target 2024 to 2030
During its formative years, LIC played a pivotal role in bolstering the prosperity and financial stability of countless Indians, simultaneously achieving profitability. However, its mission extended beyond mere financial gains, prioritizing societal welfare and national development, thereby fostering sustained progress. Projections indicate that in 2024, LIC’s share price is anticipated to reach approximately ₹1077.45, reflecting heightened investor interest and the enduring growth trajectory of the company’s shares.
| LIC Share Price Target | Price |
| LIC Share Price Target 2024 | ₹1077.45 |
| LIC Share Price Target 2025 | ₹1012 |
| LIC Share Price Target 2026 | ₹942 |
| LIC Share Price Target 2027 | ₹1064.50 |
| LIC Share Price Target 2028 | ₹1112.70 |
| LIC Share Price Target 2029 | ₹1142.70 |
| LIC Share Price Target 2030 | ₹1232.00 |
LIC Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs – | Rs – |
| February | Rs – | Rs – |
| March | Rs 915.96 | Rs 820.77 |
| April | Rs 922.00 | Rs 822.90 |
| May | Rs 938.81 | Rs 839.17 |
| June | Rs 942.26 | Rs 835.22 |
| July | Rs 955.10 | Rs 830.22 |
| August | Rs 968.90 | Rs 846.07 |
| September | Rs 974.91 | Rs 840.05 |
| October | Rs 985.17 | Rs 855.92 |
| November | Rs 996.07 | Rs 859.87 |
| December | Rs 1010.62 | Rs 865.00 |
LIC Share Price Target 2025
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 1023.13 | Rs 869.89 |
| February | Rs 1036.10 | Rs 878.54 |
| March | Rs 1040.00 | Rs 871.80 |
| April | Rs 1050.91 | Rs 886.04 |
| May | Rs 1061.08 | Rs 883.16 |
| June | Rs 1073.60 | Rs 890.03 |
| July | Rs 1080.11 | Rs 897.80 |
| August | Rs 1092.29 | Rs 904.00 |
| September | Rs 1102.12 | Rs 909.76 |
| October | Rs 1113.00 | Rs 914.74 |
| November | Rs 1120.29 | Rs 919.90 |
| December | Rs 1136.30 | Rs 926.92 |
LIC Share Price Target 2026 to 2030
| Year | Maximum Target | Minimum Target |
|---|---|---|
| 2026 | Rs 1248.00 | Rs 929.92 |
| 2027 | Rs 1360.00 | Rs 966.11 |
| 2028 | Rs 1467.52 | Rs 1009.35 |
| 2029 | Rs 1585.00 | Rs 1044.80 |
| 2030 | Rs 1702.38 | Rs 1078.20 |
LIC Ltd Shareholding Pattern
- Promoters: 96.50%
- FII: 0.06%
- DII: 0.17%
- Retail & Others: 2.48%
- Mutual Funds: 0.79%
LIC Ltd Competitors (MarketCap: 570,198.54 crores INR)
- SBI Life Insurance Market Cap: 146,834.87 crores INR
- HDFC Life Market Cap: 134,385.86 crores INR
- ICICI Prudential Market Cap: 83,363.91 crores INR
Points to consider before investing in LIC Stock
LIC India, a state-owned insurance corporation, commands a commanding market share of 58%. Notably, LICI NSE Stock has emerged as a standout performer on the National Stock Exchange, surging by over 75% from Rs 608 per share on November 22nd, 2023, to Rs 1,175 on February 8th, 2024. This remarkable surge in LIC Share Price underscores the company’s robust financial health and unparalleled dominance in the insurance sector.
In December 2024, LIC India made significant strides in the Indian Life Insurance Market, reporting a staggering 43.75% increase in premium income in the final month of 2023. Furthermore, LIC India’s net revenue witnessed a commendable growth of 8.97% in the financial year 2023. However, the state-owned life insurance corporation witnessed a remarkable surge in net income, soaring by a massive 320% to Rs 426.72 Billion.
Moreover, LIC’s EBITDA experienced an astronomical surge in the financial year 2023, skyrocketing by an astounding 7500% to Rs 347.35 Billion. These impressive financial results underscore LIC India’s operational efficiency and firm foothold in the Life Insurance sector.
FAQ
Q. What is the LIC Stock Price Forecast 2025?
LIC Share Price Target 2025 is between Rs 1,136 and Rs 869.
Q. What is the LIC Stock Price Forecast2026?
LIC Share Price Target for the year 2026 is between Rs 1,248 and Rs 929.
Q. What is the NSE LIC Stock Price Forecast 2030?
LIC Share Price Target 2030 is predicted to remain between Rs 1,702 and Rs 1,078.
Q. What is the NSE LIC Stock Price Forecast 2024?
LIC Share Price Target 2024 is between Rs 1,010 and Rs 820.
Q. What is the LIC Stock Price Forecast 2025?
LIC Share Price 2025 is predicted to remain between Rs 1,136 and Rs 869.
Q. What is the LIC Stock Price Forecast 2030?
LIC Share Price in 2030 is predicted to remain between Rs 1,702 and Rs 1,078.
Q. What is the LIC Stock Price Forecast 2027?
LIC Share Price Target 2027 is between Rs 1,360 and Rs 966.
Q. What is the LIC Stock Price Forecast 2028?
LIC Share Price Target 2028 is between Rs 1,467 and Rs 1,009.
Q. What is the LIC Stock Price Forecast 2040?
LIC Share Price Target 2028 is between Rs 34,67 and Rs 1,900
Q. What is the LIC Stock Price Forecast 2023?
LIC Share Price Target 2028 is between Rs 867 and Rs 645.
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