📰 LIC Shares Jump Over 4% Post Strong Q2 Results; Brokerages Turn Bullish with Up to 24% Upside Targets
#LIC #Q2Results #StockMarket #LifeInsurance #MotilalOswal #JMFinancial #HDFCSecurities Shares of Life Insurance Corporation of India (LIC) jumped over 4% on November 7, hitting ₹933.10 per share, after the company reported strong Q2FY26 earnings and received positive commentary from major brokerages. LIC reported a standalone net profit of ₹10,053.39 crore for Q2FY26, up 32% YoY from ₹7,620.86 crore in the same quarter last year. Net premium income grew 5.5% YoY to ₹1.26 lakh crore, while the solvency ratio improved to 2.13 (vs. 1.98 last year). The insurer’s AUM rose 3.3% YoY to ₹57.23 lakh crore. HDFC Securities: HDFC Securities said LIC beat estimates with 3% YoY growth in APE and 12% YoY growth in VNB. The brokerage maintained an ‘Add’ rating, revising its target price to ₹1,065 (19% upside). Emkay Global: Emkay retained an ‘Add’ rating with a target price of ₹1,100, factoring in a 2% rise in APE and 50 bps improvement in VNB margins. Bernstein: Bernstein maintained a ‘Market Perform’ rating with a target of ₹1,070, stating minimal impact from GST-related margin adjustments. 📊 Stock Performance LIC shares have gained over 3% in the past week, 18% in six months, and 3.5% so far in 2025. The stock currently trades at a P/E ratio of ~12, reflecting improving fundamentals and growing investor confidence.

















