Like to invest in the LIC share? But before investing in LIC shares you must know about LIC share price today along with the last five years’ ups and downs of these graphs.
The Life Insurance Corporation of India (LIC) was established in 1956 and has functioned as the Indian government’s investment and insurance division.
It is the largest insurer in the nation and a key participant in the Indian insurance industry. Now LIC housing share price is 632.00 INR.
What Is The LIC Share Price Today?
The share price of LIC for today is 970.00 INR. Over the years, LIC has taken over 245 firms and provident societies. With its headquarters located in Mumbai, the company has approximately 1.3 million employees.
LIC was listed on the stock market in May 2022 after selling 3.5% of its shares to the general pubLIC during its Initial PubLIC Offering (IPO). 96.5% of the company’s shares are still owned by the government. Because of its broad range of insurance products and vast distribution network, LIC is a prominent player in the insurance sector.
LIC Share Price Target Prediction 2024
Why LIC share price is falling? Have a look at the share price target of 2024. Experts predict that the price of LIC shares will be between ₹840 and ₹2010 in 2024. This forecast is based on the company’s exceptional financial results and the growth of the insurance sector.
This should be aided by judicious product diversification and increased penetration of life insurance.
Month (2024 ) | Minimum Target In Rupees | Maximum Target In Rupees |
January | 840 | 940 |
February | 940 | 1080 |
March | 890 | 940 |
April | 910 | 970 |
May | 940 | 990 |
June | 990 | 1088 |
July | 1010 | 1090 |
August | 1050 | 1130 |
September | 1085 | 1145 |
October | 1100 | 1185 |
November | 1140 | 1180 |
December | 1150 | 2010 |
2024 | 840 (Minimum Price) | 2010 (Maximum Price) |
In Conclusion
At present LIC housing finance share price is 632.00 INR. Forecasts for the share price of LIC between 2024 and 2050 are optimistic due to the company’s strong market position and anticipated growth in the insurance industry.
Disclaimer: According to market trends this share price can vary. Share market investments are always subject to market risk. Analyze before investment.