LIC made its debut on the Indian Share market on May 17, 2022, opening at Rs 871. However, since its listing, the stock has witnessed a consistent decline. Investors who participated in the IPO may be contemplating the future trajectory of LIC’s share price, especially for the years 2025, 2023, 2024, 2030, 2035, 2040, and 2050.
As of February 7, 2024, the stock is valued at ₹1050, hovering close to its 52-week high of 1050.00. This raises questions for investors regarding whether it is opportune to consider averaging their LIC shares and whether purchasing additional shares at the current juncture is advisable. I will delve into these queries in the subsequent discussion.
NSE: LIC Share Price Target share has increased by +226.05 in the last 1 month, +439.65
₹30 Share Price: effect of RBI’s decision, experts said next share Target ₹50
Lic Share Price Target 2024, 2025, 2026, 2027, 2030, 2035, 2040, 2050
Lic Limited Share Price Target 2024
The share price range is set at ₹1050 as the minimum, while after the year, the maximum target price for Lic Limited shares is expected to be ₹1200.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2024 | 1050 | 1200 |
Lic Limited Share Price Target 2025
The share price range is set ₹1300 as the minimum, while after the year, the maximum target price for LIC shares is expected to be ₹1400.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2025 | 1300 | 1400 |
LIC Share Price Target 2026
The share price range is set ₹1500 as the minimum, while after the year, the maximum target price for LIC shares is expected to be ₹1600.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2026 | 1500 | 1600 |
LIC Share Price Target 2030
The share price range is set ₹2000 as the minimum, while after the year, the maximum target price for LIC shares is expected to be ₹2200.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2030 | 2000 | 2200 |
LIC Share Price Target 2035
The share price range is set ₹3500 as the minimum, while after the year, the maximum target price for LIC shares is expected to be ₹4500.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2035 | 3500 | 4500 |
LIC Share Price Target 2040
The share price range is set ₹5000 as the minimum, while after the year, the maximum target price for LIC shares is expected to be ₹5500.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2040 | 5000 | 5500 |
LIC Share Price Target 2045
The minimum target price for LIC is set at Rs 7000, while the mid-year maximum target price is projected to be Rs 8000.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2045 | 7000 | 8000 |
LIC Share Price Target 2050
The share price range is set ₹9000 as the minimum, while after the year, the maximum target price for LIC shares is expected to be ₹10000.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2050 | 9000 | 10000 |
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹1050 | ₹1200 |
| 2025 | ₹1300 | ₹1400 |
| 2026 | ₹1500 | ₹1600 |
| 2027 | ₹1700 | ₹1800 |
| 2030 | ₹2000 | ₹2200 |
| 2040 | ₹5000 | ₹5500 |
| 2050 | ₹5000 | ₹10000 |
About LIC
Life Insurance Corporation of India is a statutory Corporation established under Section 3 of the LIC Act, 1956. The Life Insurance Corporation of India came into existence on 1st September 1956, intending to spread life insurance more widely and in particular to rural areas to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.
| Attribute | Details |
|---|---|
| Name | Life Insurance Corporation of India (LIC) |
| Type | Public Sector Life Insurance Company |
| Headquarters | Mumbai, India |
| Ownership | Government of India |
| Administrative Control | Ministry of Finance |
| Establishment | September 1, 1956 |
| Legislation | Life Insurance of India Act, 1956 |
| Nature | Nationalized Insurance Industry in India |
| Assets Under Management (As of March 2023) | ₹45.7 trillion (US$570 billion) |
| Status | India’s Largest Insurance Company |
| Institutional Investor Rank | Largest Institutional Investor in India |
| Merger Details | Over 245 insurance companies and provident societies merged |
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LIC – Fundamental Analysis
| Company Essentials | Values |
|---|---|
| MARKET CAP | ₹ 4,30,289.59 Cr. |
| ENTERPRISE VALUE | ₹ 3,91,936.14 Cr. |
| NO. OF SHARES | 632.50 Cr. |
| P/E | 11.56 |
| P/B | 7.02 |
| FACE VALUE | ₹ 10 |
| DIV. YIELD | 0.45 % |
| BOOK VALUE (TTM) | ₹ 96.88 |
| CASH | ₹ 38,353.46 Cr. |
| DEBT | ₹ 0 Cr. |
| PROMOTER HOLDING | 96.5 % |
| EPS (TTM) | ₹ 58.86 |
| SALES GROWTH | 195.64 |
| ROE | 129.56 % |
| ROCE | 129.77 % |
| PROFIT GROWTH | 800.23 % |