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Market Capitalization of Life Insurance Corporation Of India

Market Capitalization of Life Insurance Corporation Of India

stocks purchased

₹ 7.6 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

85.7 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 24, 2024

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Life Insurance Corporation of India

NSE: LICI

Market Cap

₹ 562545.3 crore

Last updated on: Nov 22, 2024

Key Highlights

  • The Market Cap of Life Insurance Corporation of India is ₹ 562545 crore as of 22 Nov 24 .
  • The Market Cap of Life Insurance Corporation of India changed from ₹ 338166 crore on March 2023 to ₹ 578484 crore on March 2024 . This represents a CAGR of 30.79% over 2 years.
  • The Latest Trading Price of Life Insurance Corporation of India is ₹ 889.4 as of 22 Nov 15:30 .
  • The Dividend Payouts of Life Insurance Corporation of India changed from ₹ 1.5 on Aug 25, 2022 to ₹ 6 on Jul 19, 2024 . This represents a CAGR of 41.42% over 4 years.

Historical Market Cap of Life Insurance Corporation of India

No data available

* All values are in crore

Company Fundamentals for Life Insurance Corporation of India

No data available

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Life Insurance Corporation of India

NSE: LICI

Share Price

₹ 889.4

7.15 (0.81%)

stock direction

Last updated on: Nov 22, 2024

Market Price of Life Insurance Corporation of India

1M

1Y

3Y

5Y

Monitoring Life Insurance Corporation of India share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Nov 2024889.4
21 Nov 2024882.25
19 Nov 2024896.85
18 Nov 2024902
14 Nov 2024908.3
13 Nov 2024897.85
12 Nov 2024921.45
11 Nov 2024918.55
08 Nov 2024914.75
07 Nov 2024929.8

SWOT Analysis Of Life Insurance Corporation of India

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Life Insurance Corporation of India

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Life Insurance Corporation of India

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of Life Insurance Corporation of India

No data available

No data available

Historical P/E Ratio of Life Insurance Corporation of India

No data available

* All values are in %

Historical Revenue of Life Insurance Corporation of India

No data available

* All values are in crore

Historical EBITDA of Life Insurance Corporation of India

No data available

* All values are in crore

Historical Net Profit of Life Insurance Corporation of India

No data available

* All values are in crore

Historical Dividend Payouts of Life Insurance Corporation of India

No data available

* All values are in

About Life Insurance Corporation of India

  • Life Insurance Corporation of India was established on September 01, 1956 under the Life Insurance Corporation Act, 1956.
  • The Corporation obtained Certificate of Registration, to undertake the business of life insurance by a Certificate dated September 20, 1956 issued by the Controller of Insurance in accordance with the provisions of the Insurance Act.
  • The Corporation obtained the Certificate of Registration from the IRDAI to undertake life insurance business on January 1, 2001 which was renewed on an annual basis under Section 3A of the Insurance Act.
  • Further, pursuant to amendment to Section 3A of the Insurance Act with effect from December 2014, the process of annual renewal of Certificate of Registration was discontinued. The Corporation is governed by provisions of the governing Act; it is also registered with the Insurance Regulatory and Development Authority of India (IRDAI) and is subject to such provisions of Insurance Regulatory and Development Authority (IRDA) Act, 1999 as amended, and regulations that are not inconsistent with the Act.

Life Insurance Corporation of India News Hub

News

LIC raises stake in LTIMindtree

LIC acquired the stake at an average price of Rs 4,950.807 per share from 20 March 2024 to...

Read more

22 Nov 202409:47

News

LIC PAT slides 4% YoY to Rs 7,621 crore in Q2 FY25

On half yearly basis, the life insurer's net profit increased 3.51% to Rs 18,081.91 crore ...

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09 Nov 202410:07

News

Life Insurance Corporation of India to discuss results

Life Insurance Corporation of India will hold a meeting of the Board of Directors of the C...

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25 Oct 202411:16

News

Life Insurance Corporation of India reduces stake in Mahanagar Gas Ltd.

Life Insurance Corporation of India ('the Corporation') has decreased its shareholding in ...

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27 Sep 202416:19

News

Life Insurance Corporation of India announces resignation of Chief Risk Officer

Life Insurance Corporation of India announced the resignation of S Sunder Krishnan vide le...

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26 Sep 202417:47

News

LIC selects Infosys to execute its digital transformation programme

Life Insurance Corporation of India (LIC) has undertaken a digital transformation programm...

Read more

16 Sep 202410:58

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for Life Insurance Corporation of India Market Cap

What is the market cap of Life Insurance Corporation of India?

As of November 24, 2024, Life Insurance Corporation of India has a market capitalization of ₹562545.3, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Life Insurance Corporation of India's market capitalization?

Life Insurance Corporation of India's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Life Insurance Corporation of India?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Life Insurance Corporation of India's market capitalization change?

Life Insurance Corporation of India's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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