LIC Share Price Target Discussion on the projected share price of LIC from 2024 to 2030, starting from the current price of ₹1040.80, will be provided in detail in this post. Despite the latest downfall in the share price of LIC, the brokerage firm remains bullish on the stock and anticipates a pullback after a minor correction. Religare Broking has give LIC shares “Accumulate” rating, with a target of Rs 1,232.
LIC Share Price Target
LIC, founded in 1956, is a state-owned insurance and investment company in India that has been significant in the country’s insurance industry. The government of India fully owns LIC, and its shares are not publicly traded on stock exchanges like other companies. The projected LIC share prices are as follows: ₹1077.45 in 2024, ₹1012 in 2025, ₹942 in 2026, ₹1064.50 in 2027, ₹1112.70 in 2028, and ₹1232.00 by 2030.
LIC Share Price Target for 2024 is ₹1077.45, for 2025 is ₹1012, for 2026 is ₹942, for 2027 is ₹1064.50, for 2028 is ₹1112.70, and by 2030 is expected to reach ₹1232.00.
During its early years, LIC significantly contributed to the prosperity and financial security of millions of Indians while also generating profits. The company expanded its focus beyond profitability to emphasize social welfare and nation-building, leading to continuous growth. In 2024, LIC’s share price is expected to be around ₹1077.45 with a projected increase in investors and continuous growth of the company’s shares.
The LIC share price in 2025 is expected to experience significant growth, with a target of Rs ₹912. Anticipated increased demand for LIC in 2025 is likely to attract more investors, thereby driving up LIC’s price. The company has adapted to India’s changing economic landscape by embracing new technology, diversifying its product offerings, and introducing insurance plans tailored to customer needs and preferences. The target for LIC’s share price in 2025 is set at ₹1012 to facilitate further growth.
LIC Share Price Target 2025
Price
January 2025
₹1078.10
February 2025
₹1080.10
March 2025
₹1082.20
April 2025
₹1085.20
May 2025
₹1084.15
June 2025
₹1088.10
July 2025
₹1090.20
August 2025
₹1092.30
September 2025
₹1098.35
October 2025
₹1004.40
November 2025
₹1008.40
December 2025
₹1012
LIC Share Price Target 2025
₹1012
LIC Share Price Target 2026
The liberalization of the Indian economy in the 1990s disrupted LIC’s monopoly, leading the corporation to enhance its competitiveness through market-oriented strategies. This shift strengthened LIC’s position in the insurance sector, making it a major player then and continuing to be so today. The target for LIC’s share price is ₹942 in 2026 to support its future growth.
LIC Share Price Target 2026
Price
January 2026
₹913.60
February 2026
₹913.65
March 2026
₹916.50
April 2026
₹918.55
May 2026
₹919.70
June 2026
₹920.80
July 2026
₹922.00
August 2026
₹924.30
September 2026
₹928.35
October 2026
₹932.34
November 2026
₹935.56
December 2026
₹942
LIC Share Price Target 2026
₹942
LIC Share Price Target 2027
LIC faced a test of its resilience during the financial crisis in 2008. Despite the difficulties, LIC upheld its financial stability, navigated through the challenges, and emerged stronger in the following years. The projected LIC share price target is ₹1064.50 in 2027 to support its continued growth.
LIC has undergone notable advancements in the organization lately, such as declaring its initial public offering (IPO). This decision represented a shift from being entirely government-owned, creating opportunities for expansion and investment. Additionally, LIC has achieved favorable profits and experienced significant progress. The target share price for LIC is set at ₹1112.70 by 2028 to support future growth.
LIC Share Price Target 2028
Price
January 2028
₹1065.50
February 2028
₹1066.50
March 2028
₹1068.50
April 2028
₹1069.60
May 2028
₹1069.65
June 2028
₹1073.60
July 2028
₹1078.44
August 2028
₹1085.50
September 2028
₹1090.00
October 2028
₹1094.30
November 2028
₹1099.55
December 2028
₹1112.70
LIC Share Price Target 2028
₹1112.70
LIC Share Price Target 2029
Target price for LIC shares is set at ₹1142.70 for 2029 to drive additional growth.
LIC Share Price Target 2029
₹1142.70
LIC Share Price Target 2030
LIC continued to be a crucial player in India’s financial sector as it transitioned into the 21st century, dominating the insurance market with the largest market share. The company played a pivotal role in advancing both the insurance industry and contributing significantly to the growth of capital markets and infrastructure. Throughout this period, LIC maintained a consistent profitability, reflected in the continuous increase of its share price. The projected LIC share price target is ₹1232.00 by 2030, indicating a trajectory for further growth.
