If you think about which share will be best for investment in recent times then you should know about LIC Share Price Target. Today in our blog we will explain the basic idea about LIC Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.
LIC Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the LIC Share Price Target Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at LIC Share Price Target 2024 to 2040.
What is LIC Housing Finance Ltd NSE: LICHSGFIN?
Life Insurance Corporation Of India (LIC) is the largest Insurance Company in India which was established in the year 1956. It is a multinational public sector headquartered is situated in Mumbai. The company is under the ownership of the Government of India and the Ministry of Finance.
| Company Name | Life Insurance Corporation Of India Limited |
| Market Cap | ₹7,03,998.56 Crore |
| P/B | 8.56 |
| Book Value | ₹130.23 |
| Face Value | ₹10 |
| 52 Week High | ₹1,180 |
| 52 Week Low | ₹597.96 |
| DIV. YIELD | 0.9% |
Financial Data Analysis Of LIC Company
We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. LIC Share Price Target also depended upon the ratio which is described below.
| PE Ratio | Return On Assets (ROA) | Current Ratio | Return On Equity (ROE) |
| 17.24 | 0.77% | 3.10 | 49.46% |
Also Read – IRFC Share Price Target
History Of LIC Share Price Target 2024 to 2040
LIC Share Price Target is a bullish trend in the share market. LIC Share is under both the Indian Stock Market BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 month’s share growth was +205.10 (22.74%), the last 1 year’s share growth was +486.65 (78.45%), the last 5 year’s share growth was +280.85 (34.00%) and the maximum share growth was +280.85 (34.00%).
LIC Share Price return amount was 7.44% in the last 1 month, the last 3 month’s return amount was 13.89% and the last 1 year’s share return amount was 78.65%. LIC Share always gives good investment to investors. If anyone wants to invest in the share it will be profitable on a long-term basis. Let’s have a look at LIC Share Price Target 2024 to 2040.
LIC Share Price Target 2024
LIC Company is one of the topmost companies in the insurance sector which came from England to India in the year 1818. The company has 106 divisional offices, 5 zonal offices, 215 branch offices, and 33 divisional offices. The company has a network of around 1.3 million agents to expand the business of the company. Some of the company’s International operations are LIC Mauritius Ltd, LIC Mauritius, LIC Fiji, LIC Mauritius, LIC United Kingdom, etc.
The total revenue amount was ₹722,304.89 Crore in March 2022 which became ₹790,245.56 Crore in March 2023. The total operating revenue was ₹721,645.23 Crore in March 2022 which became ₹791,689.89 Crore in March 2023. If we look at the forecast of LIC Share Price Target 2024, the 1st Price Target is ₹970 and the 2nd Price Target is ₹1,360.
Fundamental Table
| Metric | Value |
| Market Cap | ₹36,706 crore |
| P/E Ratio | 7.73 |
| EPS | ₹86.33 |
| Dividend Yield | 1.35% |
| ROCE | 7.46% |
| ROE | 13.56% |
| Debt to Equity | 9.97 |
Key Metrics Table
| Metric | Value |
| 52 Week High | ₹826.75 |
| 52 Week Low | ₹432.00 |
| Book Value per Share | ₹636.69 |
| Price to Book Value | 1.05 |
| Free Float | 59.97% |
| Promoter Holding | 40.31% |
Peers & Comparison Table
| Company | Market Cap (₹ Cr) | P/E Ratio | ROE (%) |
| LIC Housing Finance | 36,706 | 7.73 | 13.56 |
| HDFC | 513,160 | 27.17 | 15.86 |
| PNB Housing Finance | 10,748 | 13.91 | 9.78 |
| Can Fin Homes | 11,612 | 13.78 | 16.51 |
| Indiabulls Housing Finance | 8,185 | 10.13 | 3.92 |
LIC Housing Finance share price Target 2025- LIC Share Price Target 2025
The outstanding brand they have and increased adoption of digital lending in 2025 to enhance the profits of LIC Housing Finance. Technology and data analysis investment should help the company and increase share prices. We have our fair share price expectation of LICHSGFIN at being between ₹700 and ₹1000 in the year 2025.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 700 | 1000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 700 | 850 |
| February | 710 | 860 |
| March | 720 | 870 |
| April | 740 | 880 |
| May | 765 | 890 |
| June | 775 | 900 |
| July | 785 | 920 |
| August | 795 | 940 |
| September | 805 | 960 |
| October | 815 | 980 |
| November | 825 | 990 |
| December | 850 | 1000 |
LIC Share Price Target 2027
In the year 2022, the total premium income amount was ₹4,27,546 Crore which became ₹4,38,858 Crore in the year 2023. In the financial year 2023 out of a total of 204.65 Lacs policies 73.15 Lacs policies are brought by women which is 36% are brought by women and 64% are brought by men. Out of a total of 6,99,429 women agents, the LIC’s share investment amount was 48%.
| Year | LIC Share Price Target 2027 |
| 1st Price Target | 2,036.01 |
| 2nd Price Target | 2,396.12 |
The sales amount of the company also increased in the last 5 years sales amount was 72.23% in the last 3 years which became 138.5% it became 196.56% in the last 1 year. The total assets amount was ₹42,30,356 Crore in the year 2022 which became ₹45,51,689 Crore in 2023. If we look at the forecast for LIC Share Price Target 2027, the 1st Price Target is ₹2,036.01 and the 2nd Price Target is ₹2,396.12.
Also Read – Jio Financial Share Price Target
LIC Share Price Target 2030
It is expected that LIC Housing Finance will emerge as market leader in India’s housing finance Industry by the year 2030. The company is anticipated to generate high revenue growth for long term due to its strategic focus on digital platform, differentiation through product innovation, and customers centricity. The projection we make suggests that LICHSGFIN’s share price could possibly get to the range of ₹1500/- – ₹2000/- by 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 1500 | 2000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 1500 | 1550 |
| February | 1525 | 1575 |
| March | 1550 | 1600 |
| April | 1575 | 1625 |
| May | 1600 | 1650 |
| June | 1625 | 1700 |
| July | 1650 | 1750 |
| August | 1675 | 1800 |
| September | 1700 | 1850 |
| October | 1750 | 1900 |
| November | 1800 | 1950 |
| December | 1850 | 2000 |
LIC Share Price Target 2040
One of the most important things of the company is that the company provides some facilities provides through online like Loan Payment and repayment, Unit unit-linked fund Switch, Change of Nominations & Assignment these facilities the process is being most useful for agents. Out of the total agent population, 49.2% is from the rural population of India. The rural area contributes 23.4% of the individual policies sold and contributes 17.5% to the new business assured.
| Year | LIC Share Price Target 2040 |
| 1st Price Target | 6,226.2 |
| 2nd Price Target | 6,536.15 |
The total expenditure amount was ₹1,95,559.89 Crore in September 2023 which became ₹2,13,745.80 Crore in December 2023. The tax amount was ₹24.12 Crore in March 2022 which became ₹60.12 Crore in March 2023. If we look at the forecast for LIC Share Price Target 2040, the 1st Price Target is ₹6,226.2 and the 2nd Price Target is ₹6,536.15.
Peer’s Company of GAIL (India) Company
- SBI Life Insurance Company
- HDFC Life Insurance Company
- Bajaj Finserv Ltd
Investors Types And Ratio Of LIC Company
There are mainly Four main Types of Investors in LIC. The company’s growth also depended upon the ratio of investors who invested in the share.
Promoters Holding
Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. LIC Company’s promoter holding capacity is 95.30%.
Public Holding
Public Investors are individuals who invest in the public market for profit in the future (large and small companies). LIC company’s public holding capacity is 2.90%.
FII
Foreign Institutional Investors are those big companies that invest in different countries company. LIC Company’s FII is 0.90%.
DII
Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. LIC Company’s DII is 0.90%.
Advantages and Disadvantages Of LIC Share
Every share has some advantages and some disadvantages also. So, the LIC Share Price Target also has some advantages and disadvantages described below.
Advantages
- In the last 3 years, the profit growth of the company has been high which is 138.56%.
- In the last 3 years sales percentage of the company was 138.5%.
- The company holds a good ROE percentage last year’s ROE was 130.23%.
- The company is increasing with zero promoter pledges.
- The company has no debt which is a good side for the company’s growth.
- The book value amount of the company has been increasing in the last 2 years.
Disadvantages
- The net cash flow amount is not generated in the last few years.
- FII and DII investors’ percentage of the company is very low.
Also Read – PFC Share Price Target
FAQ
What is the main function of LIC Company?
Life Insurance Corporation Of India Limited is an insurance provider company under the Ministry of Finance. The was established in the year 1956 on that time to now the company provided many insurance facilities to customers.
Who is the CEO of LIC Company?
Mr. Siddharth Mohanty is the CEO of LIC company.
Is LIC Government or private sector?
LIC is a Government-owned company under the Ministry of Finance.
Should I invest in LIC Share right now?
The last 1 year’s growth of the company was 79.62%, and the last 1 year’s share price return amount of the company was 81.23%. LIC Share always gives good returns to everyone. If anyone wants to invest in the share it will be profitable on a long-term basis.
What is the future growth of LIC Company?
The profit growth of the company is 138.56% in the last 3 years, and the sales growth of the company is 138.5% in the last 3 years. The company is debt-free which is a positive side to the company’s growth. As the insurance sector, the company will grow more in the coming future.
What is the LIC Share Price Target for the year 2024?
LIC Share Price Target for the year 2024 is ₹970 to ₹1,360.
What is the LIC Share Price Target for the year 2025?
LIC Share Price Target for the year 2025 is ₹1,425 to ₹1,710.
What is the LIC Share Price Target for the year 2027?
LIC Share Price Target for the year 2027 is ₹2,036.01 to ₹2,396.12.
What is the LIC Share Price Target for the year 2030?
LIC Share Price Target for the year 2030 is ₹3,141.03 to ₹3,421.50.
What is the LIC Share Price Target for the year 2040?
LIC Share Price Target for the year 2040 is ₹6,226.2 to ₹6,536.15.
What is the LIC Share Price Target for the year 2028?
LIC Share Price Target for the year 2028 is ₹2,405.12 to ₹2,614.02.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the LIC Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, LIC Share Price Target may reach a very high position. LIC company is related to the insurance sector. So the demand for this sector also increases which helps the share to gain profit in the future.
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