Page 12 - Life Insurance Corporation

Life Insurance Corporation: This elephant can't dance, says Emkay Global

Emkay Global Financial Services, a leading domestic brokerage has initiated coverage on the stock with a 'hold' rating with a target price of Rs 875

LIC booked Rs 42,000 cr profit from equity markets in FY22, up 16% YoY

The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective

LIC Q4 result review: Hits, misses, and the road ahead for investors

LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank

Determination of LIC's embedded value likely to be completed by June 30: MD

The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business.

LIC shares decline over 3% to hit record low after Q4 net slips 18%

Shares of LIC on Tuesday declined over 3 per cent after the company posted a 17 per cent decline in consolidated net profit for the fourth quarter ended in March 2022. The stock declined 3.05 per cent to settle at Rs 811.50 on the BSE. During the day, it tanked 3.23 per cent to Rs 810. At the NSE, it fell by 3.21 per cent to end at Rs 810.85. In volume terms, 2.22 lakh shares were traded at the BSE and over 43.73 lakh shares at the NSE during the day. Insurance behemoth LIC on Monday posted a 17 per cent decline in consolidated net profit to Rs 2,409 crore for the fourth quarter ended March 2022. The insurer had earned a profit of Rs 2,917 crore in the same quarter a year ago. This is the first-ever quarterly result of LIC after being listed on bourses earlier this month. The total income of the insurer during the March quarter increased to Rs 2,12,230.41 crore, from Rs 1,90,098 crore in the same period of the previous fiscal, LIC said in a regulatory filing. LIC's income from

LIC's Q4 net profit falls 18% to Rs 2,372 cr, firm declares Rs 1.5 dividend

In FY22, LIC reported a net profit of Rs 4,043.12 crore from Rs 2,900.56 crore in FY21, up 39.4 per cent on a year-on-year (YoY) basis

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

LIC to declare Q4 results 2022 today, may consider payment of dividend

LIC board will consider and approve the audited financial results

Seven of top-10 firms add Rs 1.16 trn in m-cap; HDFC Bank lead gainer

The market valuation of HDFC Bank jumped Rs 39,358.5 crore to reach Rs 7,72,514.65 crore

LIC to declare Q4 financial results and consider dividend next week

The meeting will also consider payment of dividend, if any, LIC said

Disclose embedded value for September-March period: Centre to LIC

Sharing embedded value expected to instill confidence in the markets about the insurer's transparency

Claim can be denied if key information is suppressed

The District Commission ordered LIC to pay and settle the claim under all the 13 policies

RBI to transfer Rs 30K cr surplus to govt for FY22; lowest amount in 8 yrs

Last year, the transfer of Rs 99,126 crore was for a nine-month period ended March 2021

LIC's listing-day show second-worst globally for big IPOs this year

The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO

Policyholders who missed out on allotment will pick up LIC shares: MR Kumar

We will ramp up digital channels and make tactical tweaks on equity investments to please policyholders, said M R Kumar

Adani-Holcim deal: LIC may exit Ambuja Cements, ACC via open offer

Insurer owns shares aggregating Rs 7,000 crore

LIC listing: After discounted debut, Macquarie sets Rs 1,000 as target

LIC listing: The debut was below expectations, and also lower than the discounted value at which shares were offered to policyholders (Rs 60 per share) and retail investors (Rs 45 per share)

Disappointing debut

LIC's discounted valuation didn't help

LIC debut is 2nd worst among 11 global firms that raised over $1 bn in 2022

The poor listing is set to disappoint millions of small-time investors who bid enthusiastically for the issue because of their long and emotional association with the insurer and its products

'Accumulate LIC stock for long term': Analysts on firm's lacklustre debut

Shares of much-anticipated Life Insurance Corporation of India (LIC) made a weak listing on the stock exchanges on Tuesday.