Friday, 07 August 2026 · World
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EUROS The World Financial Report
Nº 27 Friday, 07 August 2026 · World Edition
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LIC gains 3% after Q1 earnings. Here's what Morgan Stanley and Motilal Oswal recommend

Markets-Economic Times · 2h ago · 🇮🇳 India
LIC gains 3% after Q1 earnings. Here's what Morgan Stanley and Motilal Oswal recommend

LIC shares rose 2.5% after the state-owned insurer reported a 23% year-on-year jump in Q1 standalone net profit to Rs 13,492 crore, while net premium income grew 7% to Rs 1.27 lakh crore. LIC also retained its leadership in the domestic life insurance market, with a 60.1% share of first-year premium income, according to IRDAI data.

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