LIC stock surges 24.5% amid steady profit

Mumbai: Life Insurance Corporation of India (LIC) shares have shown strong momentum in recent weeks, gaining nearly 24.5 per cent from their 52-week low of Rs 715.35 to trade at Rs 890.60, according to data from BSE analytics.

The sharp rebound highlights renewed investor confidence in the country’s largest life insurer, supported by consistent earnings growth and strategic business expansion. Over the past few months, LIC’s stock performance has reflected its underlying stability.

While the stock showed marginal movement over shorter periods -- down 0.35 per cent in a week and 0.97 per cent in two weeks -- it recorded a 12.25 per cent gain over six months and nearly 49 per cent rise over three years, signalling long-term strength.

The uptrend comes on the back of solid quarterly results. In August, LIC reported a 3.91 per cent year-on-year (YoY) increase in its consolidated net profit for the April–June quarter of FY26, reaching Rs 10,957 crore compared to Rs 10,544 crore in the same period last fiscal.