India's LIC gains on bonus shares issue

Life Insurance of India

15/04/2026 04:53

** Shares of Life Insurance Corp of India LIFI.NS climb 3.4% to 830.90 rupees

** India's top insurer approves issue of bonus shares in 1:1 ratio

** Stock up 11.3% since April 7 when it first announced bonus issue plans

** Avg rating of 21 analysts on LIC at "buy"; median PT is 1,100 rupees - LSEG compiled data

** YTD, stock down 3.4%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.Tandon@thomsonreuters.com; 8800437922;))