LIC Share Price Target From 2024 to 2030: Investing in stocks requires informed choices based totally totally on thorough research and professional evaluation. If you’re considering LIC stocks, you are in the proper area. This weblog will offer special insights into the LIC percentage fee target from 2024 to 2030. Our assessment is based totally on the enterprise’s boom, common overall performance, and destiny possibilities, ensuring you’ve got the records you want to make a legitimate funding selection.
What Is LIC Limited?
LIC Limited, or Life Insurance Corporation of India, is a nation-owned coverage corporation and funding commercial enterprise organization owned thru the use of the Government of India. Established in 1956, LIC is the most vital insurance industrial organization employer in India and a key participant in the economic services sector.
Overview of LIC Share Price
LIC is renowned for its sturdy marketplace presence and extensive fashion of coverage products. The enterprise corporation has a massive impact at the Indian insurance sector and plays a critical position in presenting financial protection to lots and thousands.
- MARKET CAP: ₹5.799LCr
- OPEN: ₹931.00
- HIGH: ₹934.85
- LOW: ₹911.90
- P/E RATIO: 13.84
- DIVIDEND YIELD: 1.09%
- 52 WEEK HIGH: ₹1222.00
- 52 WEEK LOW: ₹598.25
LIC SHARE PRICE RECENT GRAPH:
LIC Share Price Target (2024-2030)
LIC stocks have mounted regular common overall performance over time. Here is a precis of the historic normal performance:
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹1177 |
| 2025 | ₹1242 |
| 2026 | ₹1342 |
| 2027 | ₹1464 |
| 2028 | ₹1512 |
| 2029 | ₹1642 |
| 2030 | ₹1732 |
How to Purchase For LIC Share Price
You can buy LIC stocks through several purchasing for and promoting systems, such as Zerodha, Upstox, Groww, and Angel One.
Peer Companies For LIC Share Price
LIC competes with numerous exceptional agencies within the insurance and monetary offerings area, which incorporates:
- HDFC Life Insurance
- SBI Life Insurance
- ICICI Prudential Life Insurance
- Max Life Insurance
Investor Types and Ratios For LIC Share Price
Understanding the investor composition allows in assessing the steadiness and growth functionality of LIC.
Advantages and Disadvantages For LIC Share Price
Advantages For LIC Share Price:
- Strong marketplace presence and brand popularity.
- Government backing guarantees stability and growth.
- Consistent income boom and profitability.
Disadvantages For LIC Share Price:
- Exposure to marketplace dangers and hobby fee fluctuations.
- Competitive insurance agency with pricing pressures.
FAQ For LIC Share Price
Who is the proprietor of LIC Limited?
LIC Limited is owned thru using the Government of India.
Should I invest in LIC Share right now?
Considering its strong marketplace presence, regular monetary universal overall performance, and authorities backing, LIC shares are a promising investment for the long time.
What is the future growth of LIC?
LIC is focused on growing its coverage merchandise and market obtain, indicating big future growth capability.
LIC is a sturdy player within the coverage vicinity, with strong financial health and promising future prospects. Based on our professional assessment, LIC stocks are anticipated to perform well within the coming years. Investing in LIC can be a smart pass for lengthy-time period shoppers.
