Many people from all across the country are looking for LIC Share Price Target 2022. After the company launched its IPO and we all know that it was one of the most awaited IPO in India. Due to this now all the investors want to know about its share price prediction in upcoming years. If you are also curious to know all the things then you have reached the correct place.
In this article, we will cover all the possible details related to LIC Share Price Target 2022. So if you want to know all the details like Its share price predictions, Details about the company then just read this article till the end and all your curiosity will be solved.
LIC Share Price Target 2022: All You Need To Know
It is an Indian insurance and investment corporation headquartered in the city of Mumbai, India. It is under the ownership of the Government of India. LIC stands for Life Insurance company of India which stands for Life Insurance Corporation Of India it was established on 1 September 1956 and then the government of India passed an act and then nationalise this organization.
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Life Insurance Corporation of India had a total life fund of ₹28.3 trillion. The total value of sold policies in the year 2018–19 is ₹21.4 million. Life Insurance Corporation of India settled 26 million claims in 2018–19. It has 290 million policyholders. This insurance company has given a lot of profits to its policyholders and also to its agents. Now the government is planning to raise some money.
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LIC Share Price Target 2022
In the current situation, it is hard to predict the share price of any company because the market is so volatile and many investors have lost their money because of the current ongoing crises in the world like Srilanka financial crisis, Russia -Ukraine war, Afghanistan Issue and much more reason which has affected the world financially. Many companies are unable to trade.
However many experts are suggesting that we will see a hike in the share price of LIC because the insurance sector will see rapid growth and LIC is the biggest company in this sector so it will get more benefits. In IPO the share price was launched around 902 to 949 ruppes. It will be interesting to see how its share price is going to perform in upcoming years.
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Conclusion
Here we are concluding this article, We hope that you find all the information related to LIC Share Price Target 2022. We always provide all the information from the official source and we really hope that we have cleared all your doubts but if you have any queries left in your mind regarding LIC Share Price Target 2022 then you can ask your doubts and we will be back to you as soon as possible.
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