Introduction

LIC, or Life Insurance Corporation of India, is a key player in the financial sector, known for its extensive market presence and significant influence. Understanding LIC’s share price targets is crucial for investors aiming to make informed decisions. This article provides a detailed analysis of LIC’s projected share price targets from 2024 to 2040, highlighting the factors that drive these projections and their importance for long-term investment strategies.

• Overview of LIC’s market presence and significance in India’s financial sector.
• Key factors influencing LIC’s share price.
• Introduction to share price targets and their importance for investors.
• Emphasis on the long-term perspective of LIC’s share price targets from 2024 to 2040.

Search Intent: Providing detailed information about LIC’s future share price targets to assist investors in making informed decisions.

• Summary of projected share price targets for 2024, 2025, 2027, 2030, and 2040.
• Factors driving these projections, including LIC’s business strategies, market conditions, and financial performance.

What Is LIC Company?

Life Insurance Corporation of India (LIC) is the largest insurance company in India, established in 1956. A public sector entity headquartered in Mumbai, LIC operates under the ownership of the Government of India and the Ministry of Finance.

Financial Data Analysis Of LIC Company

Key financial ratios and metrics provide insight into LIC’s performance:

History of LIC Share Price Target (2024 to 2040)

• Last 6 months: LIC shares showed a minor positive growth of 0.43%, translating to a 1.30% increase.
• Last 1 year: The growth was nearly stagnant, with a 0.01% increase or 0.03% over the year.
• Last 5 years: LIC shares declined by 12.14%, equating to a 26.54% decrease.
• Maximum growth: Over the period, LIC shares experienced a maximum growth of 23.61%, which corresponds to a 236.10% increase.

LIC Share Price Target 2024

The financial year 2023 saw LIC’s revenue increase from ₹722,304.89 Crore in March 2022 to ₹790,245.56 Crore in March 2023, highlighting its strong financial health. This growth is expected to continue, driving the share price upwards.

LIC Share Price Target 2025

LIC’s net profit saw a significant rise from ₹4123.23 Crore in March 2022 to ₹37,456.89 Crore in March 2023. This substantial profitability suggests a positive outlook for 2025, with potential for strong returns on investment.

LIC Share Price Target 2027

With total assets growing from ₹42,30,356 Crore in 2022 to ₹45,51,689 Crore in 2023, LIC is demonstrating consistent asset growth. This asset expansion is a crucial indicator of long-term stability and growth potential.

LIC Share Price Target 2030

LIC’s international ventures and strong domestic market presence are expected to drive significant growth by 2030. Promoter holding remains high at 97.6%, reflecting confidence in the company’s future prospects.

LIC Share Price Target 2040

The long-term potential of LIC is bolstered by its innovative online facilities and deep penetration in rural areas. These factors are expected to contribute significantly to the company’s sustained growth over the next two decades.

Peer Companies

• SBI Life Insurance Company
• HDFC Life Insurance Company
• Bajaj Finserv Ltd

Investor Types And Ratios

The investor composition significantly impacts LIC’s growth:

• Promoters Holding: 95.30%
• Public Holding: 2.90%
• FII: 0.90%
• DII: 0.90%

Advantages and Disadvantages Of LIC Share

Advantages

• High profit growth (138.56% in 3 years)
• Significant sales growth (138.5% in 3 years)
• Strong ROE (130.23% last year)
• No promoter pledges or debt
• Increasing book value

Disadvantages

• Lack of net cash flow in recent years
• Low FII and DII investor percentages

Also Read: Adani Ports Share Price Target 2024, 2025, 2027, 2030, 2040

FAQs

Conclusion

Our detailed analysis indicates that LIC shares are a promising investment for long-term growth. With strong financial performance and a dominant market presence, LIC is well-positioned for future expansion. However, always consult with financial experts before making investment decisions.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.