LIC share price jumps 20% in six months. Can insurance behemoth’s stock cross ₹1,000 mark soon?
LIC share price: Shares of India’s largest insurer, Life Insurance Corporation of India (LIC), which debuted in 2022, have had a turbulent period on Dalal Street. While still struggling to reclaim its IPO price of ₹949, LIC stock has gained 20% in six months, raising hopes of a further rally.
LIC share price ended 1% higher at ₹883.65 on the BSE today. The large-cap insurer and market leader has a 63.51% market share in first-year premium income (FYPI) as of Q1 FY26. This includes a 38.76% share in the individual business segment and a dominant 76.54% share in the group business, which is significantly ahead of private players such as HDFC Life and ICICI Prudential.
