LIC Shares Gain 3% After Strong Q1 Earnings; Brokerages Offer Recommendations

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finance

7 August 2026 at 1:54 pm

LIC Shares Gain 3% After Strong Q1 Earnings; Brokerages Offer Recommendations

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Summary

LIC shares gained 2.5% after the company reported a 23% year-on-year increase in Q1 standalone net profit to Rs 13,492 crore and a 7% rise in net premium income. The insurer maintained its leadership in the domestic life insurance market with a 60.1% share.

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