LIC Stock Jumps After Q3 Performance Wins Over Investors
LIC Shares Rally 8% as Q3 Results Spark Fresh Buying Interest: Shares of Life Insurance Corporation of India (LIC) jumped up to 8% on February 6 after the company announced strong Q3 results. The stock hit an intraday high of ₹907.50 on the BSE.
LIC reported a 17.4% year-on-year rise in consolidated net profit to ₹12,930 crore for the October–December 2025 quarter. Net premium income also grew 17.4% to ₹1.26 lakh crore, while total income increased to ₹2.34 lakh crore. New business premium rose to ₹10,605 crore in Q3, compared with ₹7,285 crore a year ago.
The government currently holds a 96.5% stake in LIC. The company’s market capitalisation stands at over ₹5.71 lakh crore. The stock has gained 50% in the past three years and trades within a 52-week range of ₹715.35 to ₹980.05.
LIC CEO R. Doraiswamy said the government plans to reduce its stake to 10% by FY27, with the timing and mode of sale OFS or QIP to be decided later.
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