LIC Shares Surge 3% After Strong Q1 Performance, Up 35% Year-to-Date
Open Demat A/C LIC shares surge 3% to ₹1,159 after reporting healthy Q1 results
Open Demat A/C LIC Q1FY25 net profit up 9% YoY, Premium Income rises 16% YoY
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LIC new business premium climbs 13.6% YoY to ₹11,892 crore in Q1FY25
Open Demat A/C LIC annual premium equivalent jumps 21% YoY to ₹11,560 crore
Open Demat A/C LIC group business APE up 34% YoY to ₹4,813 crore in Q1FY25
Open Demat A/C LIC value of new business increases 24% YoY, VNB margin up to 14%
Open Demat A/C LIC sells 35 lakh policies in individual segment, sees 11% YoY drop in BANCA sales
Open Demat A/C LIC gross NPA ratio drops to 1.95% in Q1FY25, improving from 2.48% last year
Open Demat A/C LIC stock rises over 35% this year, outperforming Nifty 50 and IPO price
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