Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Life Insurance Corporation of India (LIC) is a leading provider of life insurance solutions, operating across India, Fiji, Mauritius, and the United Kingdom. Its comprehensive individual offerings feature both participating policies and a variety of non-participating plans, including savings, term, health, annuity, pension, and unit-linked insurance products. LIC also offers specialized coverage tailored for women and children, along with micro-insurance options. To augment base policies, the company provides riders that deliver supplementary benefits for events such as accidents, critical illnesses, death, and premium waivers. Furthermore, LIC extends its services to groups with products like group term insurance, group savings insurance, group savings pension plans, and group annuity schemes. The company was founded in 1956 and maintains its principal executive offices in Mumbai, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.
Target Price
The average target price of LICI.NS is 553 and suggests 34.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in