LIC Share Price History & Returns (2022 To 2024)

Show Table of Contents

Table of Contents

• 1: LIC Share Highlights
• 1.1: 52-Week High Low
• 1.2: All Time High
• 2: Short Info About LIC
• 3: LIC Recent Performance
• 4: LIC Share Price Chart From 2022 to 2024
• 5: LIC Share Price History Table From 2022 to 2024
• 6: Analyzing the Impact of Investing in LIC
• 6.1: LIC Share Returns In Last 5 Years
• 6.2: LIC Share VS FD (Normal) VS FD (Compounding)

LIC Share Highlights

As of Fri 28 Jun 2024, LIC Share price is ₹988.75 which is ₹186.25 below 52-week high of ₹1,175 and ₹391.41 above 52-week low of ₹597.34

52-Week High Low

• LIC 52-Week High is ₹1,175 occured on Fri 09 Feb 2024
• LIC 52-Week Low is ₹597.34 occured on Thu 26 Oct 2023

All Time High

• The all-time high or the highest price that LIC shares have ever touched was ₹1,175 and this occurred on Fri 09 Feb 2024.
• The highest closing price at which LIC shares have ever closed was ₹1,105.25 recorded on Thu 08 Feb 2024.

Short Info About LIC

LIC: The Insurance Giant that Never Stops Growing

The life insurance business is just around 2 centuries old in India. Several individual companies managed the life insurance business for more than 140 years. Many went bankrupt, which made the Government of India nationalise the life insurance sector. Life Insurance Corporation of India was created by an Act passed by the Parliament in June 1956.

1956: LIC was incorporated, wholly owned by the Government of India
2022: It got listed on the Indian stock market.

Over 243+ insurance companies and provident societies were merged to form LIC, which became the sole life insurance provider in the country. LIC operates in various industries and categories, such as life insurance, health insurance, pension plans, etc. Various indices have LIC as their constituent, such as Nifty 50, Nifty PSE, etc.

With a strength of 13 Lakh+ agents, it has ensured that it reaches India’s remotest location. Considering the behemoth size of the company, it has spread its reach to Fiji, Mauritius, the United Kingdom, Singapore, etc.

There is not much information about its share price as it was listed in 2022. Let’s dive into the share price history of Life Insurance Corporation of India to see the price change since its listing.

LIC Recent Performance

Over the past 25 trading days, the value of LIC's stock has decreased by ₹41.00 (-3.98%). On 24 May 2024, its one share was worth ₹1029.75 and by 28 Jun 2024, the value dropped to ₹988.75. During this period it created a highest high of ₹1085.00 and lowest low of ₹880.04.

Below Image represents line chart of daily close price of LIC, helping you visualize how the price has changed day by day.

LIC Share Price Chart From 2022 to 2024

LIC Share Price History Table From 2022 to 2024

Year	LIC	YOY Chg%	↑High - ↓Low
2022	₹684.60	-	↑ ₹817 ↓ ₹588
2023	₹832.50	21.6%	↑ ₹843 ↓ ₹530
2024	₹988.75	18.7%	↑ ₹1014 ↓ ₹985

Analyzing the Impact of Investing in LIC

Investment amount:
Started in	20222023

Also Read: Indian Oil Year Wise Share Price History From IPO to 2024

LIC Share Returns In Last 5 Years

LIC Share VS FD (Normal) VS FD (Compounding)

You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.

• Shares: Units of ownership in a company can benefit from its profits or losses.
• FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
• Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.

To help you make a well-informed decision, we have prepared a handy table that compares the returns of LIC Share with both FD choices over time.

Investment amount:
Started in	202220232024
FD interest rate:

[Click/Touch on line to show data]

For more insights into LIC, explore these additional resources:-

• LIC Price Target Tomorrow
• LIC Price Long Term Target
• LIC Dividend History

Reference:

• NSE LIC share price
• Wikipedia Life Insurance Corporation of India – Wiki
• LIC of India LIC of India company history

 

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