Risk factor
Low price volatility
Profitability factor
Greatly undervalued vs peers
About
Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides individual products, including participating insurance products; and non-participating products comprising savings insurance, term insurance, health insurance, annuity and pension, and unit-linked insurance products; special products for women and children, micro insurance products; and riders, an add-on covers to the base policy to facilitate additional benefits linked to the accident, critical illness, and death and premium waiver benefit. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.
Target Price
The average target price of LICI.NS is 991 and suggests 145% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc