LIC Share Price Target 2024, 2025, 2027, 2030, 2040

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 Company?

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.

Year	LIC Share Price Target 2024
1st Price Target	970
2nd Price Target	1,360

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.

LIC Share Price Target 2025

Some of the policies offered to customers are the Children’s Policy (like Komal Jeevan- Plan No.159), Endowment Policy (Endowment with profits- Plan No. 14), Group Insurance Policy (Janashree Bimal Yojana), money-back policy, Pension Plans or Annuities (like Jeevan Akshay Plan No. 163), etc. In the year 2023, the total number of Maturity Claims number was 37,85,894 in the year 2024, the amount became 37,65,745 which decreased.

Year	LIC Share Price Target 2025
1st Price Target	1,425
2nd Price Target	1,710

The profit growth of the company was 72.5% in the last 5 years which became 138.56% in the last 3 years and in the last 1 year it became 801.23%. The net profit amount was ₹4123.23 Crore in March 2022 which became ₹37,456.89 Crore in March 2023. The ROE percentage of the company was 215.56% in the last 5 years which decreased to 87.89% in the last 3 years and it also increased to 130.23% in the last 1 year. If we look at the forecast of LIC Share Price Target 2025, the 1st Price Target is ₹1,425 and the 2nd Price Target is ₹1,710.

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

The company’s Insurance Marketing Firms number is 125, the total number of Microinsurance agents number is 19,320, brokers number is 294, brunch and satellite offices number is 3,758. Agents who are distributed in Metropolitan, Urban, and semi-urban areas are the percentage of 52%, and in the rural area’s distribution number is 48%. In the year 2022, ₹11253 Crore was invested in the housing sector by the company.

Year	LIC Share Price Target 2030
1st Price Target	3,141.03
2nd Price Target	3,421.50

As the company is a very old company and has a trustable position in the market the promoter holding capacity of the company is 97.6% which is a very good side for the company’s growth which means many good investors want to invest in the share. The overall expenses ratio was 15.15% in the year 2022 which became 16.70% in the year 2023. If we look at the forecast of LIC Share Price Target 2030, the 1st Price Target is ₹3,141.03 and the 2nd Price Target is ₹3,421.50.

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

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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