Mumbai, Oct 27 – Life Insurance Corporation of India (LIC) stock has climbed sharply in recent weeks, rallying almost 25 percent to Rs 890.60 from a low of Rs 715.35 last year. The jump shows growing confidence from investors in the country’s biggest life insurer.
LIC’s long‑term performance backs the rally. Over six months the share price has risen 12 percent, and in the past three years it has almost doubled. Short‑term moves have been small – a dip of 0.35 percent in the last week – but the overall trend remains upward.
The upside comes from solid quarterly results. In the April‑June quarter of FY26, LIC posted a 3.91 percent rise in consolidated net profit to Rs 10,957 crore, up from Rs 10,544 crore a year earlier. Net premium income grew 4.7 percent to Rs 119,618.41 crore, reflecting steady demand in both individual and group insurance.
In its recent earnings release, CEO‑MD R. Doraiswamy highlighted that the company’s First‑Year Premium Income market share hit 63.51 percent, keeping LIC in the lead for both individual and group businesses. The non‑participating (non‑par) portion of the business also grew, with the share of non‑par APE in the individual segment rising to 30.34 percent from 23.94 percent a year earlier.
Value of New Business (VNB) – a key profit indicator – jumped 20.75 percent to Rs 1,944 crore, and the VNB margin improved by 150 basis points to 15.4 percent. Additionally, LIC announced a final dividend of Rs 12 per share for the first quarter of the current fiscal year.
For investors, LIC’s blend of steady earnings growth, expanding market share, and a healthy dividend makes the stock a compelling pick in India’s life‑insurance sector.
Source: ianslive
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