Stocks To Buy Today | LIC of India Share Price
LIC of India (NSE: LICI) company’s core business segment is into Insurance and is been selected for investing long term horizon over an year and above based on the fundamental analysis provided below in this article. Technical chart side; price of the stock consolidating for couple of months & is now above Simple Moving Average (SMA) 21 while Relative Strength Index (RSI) is showing at 48.
The market capitalization as on publishing day stands at Rs. 4.55 Lakh Crore positioning it large cap stocks group listed on NSE India by market capitalization.
LIC of India Share Price
LIC of India Share Price is currently trading at Rs.
712.3
per stock &
LIC of India Technical Chart
the performance of the stock over last 3 months time frame is with consolidated price & now the opportunities to invest based on following stock fundamentals.
Similarly; LICI 52 week high price at Rs. 918.95/- & 52 week low price at 650/-
Why one should consider LIC of India Share Price
Following are the fundamental analysis of LIC of India Share Price will definitely make to think in one of the large cap companies of India for decent profits in a medium to long term investment horizon.
Fundamental Analysis of LIC of India Limited
| Market Capitalization | Rs. 454673 Crore | Return On Equity (ROE) | 45.27% |
| P/E Ratio (TTM) | 110.22 | EPS (TTM) | 6.52 |
| P/B Ratio | 40.1 | Dividend Yield | 0.21% |
| Industry P/E Ratio | 12.17 | Book Value | 17.93 |
| Debt to Equity | 0 | Face Value | 10 |
Financial Statement of LIC of India
| Yearly | Revenue | Profit | Net Worth |
| 2019 | 564,548.0 | 2,627.0 | 810.0 |
| 2020 | 625959.0 | 2710.0 | 1002.0 |
| 2021 | 686091.0 | 2974.0 | 6884.0 |
| 2022 | 724623.0 | 4125.0 | 11338.0 |
| 0 | 0.0 | 0.0 | 0.0 |
Shareholding Pattern of LIC of India
| Promoters | 96.51% |
| Retail Investors | 2.51% |
| Foreign Investors | 0.12% |
| Mutual Funds | 0.74% |
| Other Domestic Institutions | 0.12% |
LIC of India Limited
LIC of India (LICI) is a trust driven Govt insurance business company since year 1956 by helping the people in providing financial security to insurable persons in the country covering remote & rural areas and built a strong customer base of over 25 crore families by valuing their families associated with adequate financial coverage at affordable price.
Now LIC had 5 zonal offices, 33 divisional offices and 212 branch offices including its corporate office and functioning with 2048 fully computerized branch offices, 113 divisional offices, 8 zonal offices, 1381 satellite offices performing the seamless services to its policyholders as the insurance is a long term contract between insurance company & insured person which needs continual service support in between the policy tenure.
LIC is captures the majority of the stake in the insurance market & breaks it own records year on year in terms of new business acquisitions & crossed numerous milestones in its journey. Read more about LIC of India Limited company here from its official website.
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in LIC of India on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in LIC of India with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App ; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app to consider. Click here to open Demat account with 5paisa App.
References and Links:
- LIC of India stock chart: https://chartink.com/stocks/LICI.html
- About LIC of India company profile: https://licindia.in/Top-Links/about-us
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Happy investing for prosperity.
It take 30 long years to turn Rs. 1/- worth Rs. 1000/-, so start investing now.
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