LIC India Share Price Target 2024-2050: Long-term Forecast & Analysis

LIC India Limited is an Indian multinational Central Public sector life insurance company. It is India’s largest insurance company as well as the largest institutional investor. LIC India is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

This detailed post will explore LIC India’s share price targets from 2024 to 2050. We will use various technical analysis approaches to provide long-term forecasts and predict targets up to 2050.

Overview of LIC India Limited

LIC stands for Life Insurance Corporation of India. It started its operations as a corporate firm after the LIC Act came into effect in July 1956. LIC of India was formed by merging 154 life insurance companies, 16 foreign companies, and 75 provident companies.

Company Name	LIC India Limited
Industry	Insurance
Founded	1956
Country	India
Official Website	https://licindia.in/

LIC India Share Price Targets: 2024 to 2050 Snapshot

Projected LIC India share price targets are estimated to reach ₹1,341 in 2024, ₹1,867 in 2025, ₹2,395 in 2026, ₹2,923 in 2027, ₹3,448 in 2028, ₹4,003 in 2029, ₹4,580 in 2030, ₹17,288 in 2040, and ₹65,261 by 2050.

Year	Minimum Price	Maximum Price
2024	₹ 1,095	₹ 1,341
2025	₹ 1,342	₹ 1,867
2026	₹ 1,869	₹ 2,395
2027	₹ 2,397	₹ 2,923
2028	₹ 2,927	₹ 3,448
2029	₹ 3,452	₹ 4,003
2030	₹ 3,945	₹ 4,580
2040	₹ 14,208	₹ 17,288
2050	₹ 51,172	₹ 65,261

2024: Steady Growth Phase

In 2024, LIC India’s share price is expected to continue its steady growth, with a projected range between ₹1,095 and ₹1,341. This reflects the company’s strong market presence and steady financial performance, as well as investor confidence in its long-term potential.

2025: Stronger Market Position

By 2025, LIC India’s share price is forecasted to rise further, reaching between ₹1,342 and ₹1,867. This growth can be attributed to the company’s expanding market share and increased premiums from its insurance products, reinforcing its position as the market leader.

2026: Continued Expansion

In 2026, LIC India is expected to maintain its upward trajectory, with share prices ranging from ₹1,869 to ₹2,395. This period is likely to see continued expansion in its product offerings and customer base, driving further revenue and profit growth.

2027: Scaling New Heights

The share price in 2027 is projected to range between ₹2,397 and ₹2,923. This phase marks a period where LIC India is expected to solidify its dominance in the insurance sector, with sustained growth driven by its vast distribution network and strong brand loyalty.

2028: Building on Success

In 2028, LIC India’s share price is expected to range between ₹2,927 and ₹3,448. This growth phase reflects the company’s ability to capitalize on its extensive market reach and the increasing demand for insurance products in India.

2029: Accelerating Growth

By 2029, the share price is projected to be between ₹3,452 and ₹4,003. The company’s growth is likely to accelerate as it continues to innovate and expand its services, meeting the evolving needs of its customers.

2030: Robust Performance

In 2030, LIC India’s share price is forecasted to range from ₹3,945 to ₹4,580. This period is characterized by robust financial performance, driven by strong policyholder returns and effective cost management.

2040: Significant Value Appreciation

By 2040, LIC India’s share price is projected to reach a substantial range between ₹14,208 and ₹17,288. This significant value appreciation reflects decades of compounded growth, market leadership, and consistent profitability.

2050: Long-Term Investment Potential

Looking ahead to 2050, LIC India’s share price is expected to soar, with a projected range between ₹51,172 and ₹65,261. This long-term target underscores the potential of LIC India as a powerful investment vehicle, benefiting from its unparalleled market presence and the compounding effects of sustained growth over the decades.

LIC India Share Price Target 2024

If we look at the monthly forecast share price of LIC India Limited, the bullish sentiment is likely to continue. According to technical data, by the end of this year, the share price for LIC India is expected to reach a maximum of ₹1,341.

Months	Minimum Price	Maximum Price
September 2024	₹ 1,095	₹ 1,108
October 2024	₹ 1,104	₹ 1,117
November 2024	₹ 1,119	₹ 1,209
December 2024	₹ 1,226	₹ 1,341

• The initial price target for LIC India Limited in 2024 is estimated to be ₹1,108.
• However, by the end of 2024, the price target is anticipated to rise to ₹1,341 driven by bullish market trends.

LIC India Share Price Target 2025

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹1,412 with a maximum potential value of ₹1,867 per share.

Months	Minimum Price	Maximum Price
January 2025	₹ 1,342	₹ 1,412
February 2025	₹ 1,416	₹ 1,456
March 2025	₹ 1,387	₹ 1,448
April 2025	₹ 1,407	₹ 1,445
May 2025	₹ 1,428	₹ 1,521
June 2025	₹ 1,491	₹ 1,517
July 2025	₹ 1,512	₹ 1,594
August 2025	₹ 1,596	₹ 1,618
September 2025	₹ 1,621	₹ 1,636
October 2025	₹ 1,631	₹ 1,645
November 2025	₹ 1,648	₹ 1,730
December 2025	₹ 1,746	₹ 1,867

• The initial price target for LIC India Limited in 2025 is estimated to be ₹1,412.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹1,517.
• However, by the end of 2025, the price target is expected to reach ₹1,867 considering bullish market trends.

LIC India Share Price Target 2026

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹1,937 with a maximum potential value of ₹2,395 per share.

Months	Minimum Price	Maximum Price
January 2026	₹ 1,869	₹ 1,937
February 2026	₹ 1,942	₹ 1,984
March 2026	₹ 1,913	₹ 1,978
April 2026	₹ 1,933	₹ 1,973
May 2026	₹ 1,957	₹ 2,048
June 2026	₹ 2,019	₹ 2,046
July 2026	₹ 2,037	₹ 2,122
August 2026	₹ 2,124	₹ 2,146
September 2026	₹ 2,148	₹ 2,163
October 2026	₹ 2,159	₹ 2,171
November 2026	₹ 2,173	₹ 2,266
December 2026	₹ 2,272	₹ 2,395

• The initial price target for LIC India Limited in 2026 is estimated to be ₹1,937.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹2,046.
• However, by the end of 2026, the price target is expected to reach ₹2,395 considering bullish market trends.

LIC India Share Price Target 2027

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹2,462 with a maximum potential value of ₹2,923 per share.

Months	Minimum Price	Maximum Price
January 2027	₹ 2,397	₹ 2,462
February 2027	₹ 2,467	₹ 2,512
March 2027	₹ 2,440	₹ 2,508
April 2027	₹ 2,460	₹ 2,500
May 2027	₹ 2,484	₹ 2,575
June 2027	₹ 2,547	₹ 2,574
July 2027	₹ 2,565	₹ 2,648
August 2027	₹ 2,650	₹ 2,674
September 2027	₹ 2,674	₹ 2,691
October 2027	₹ 2,686	₹ 2,697
November 2027	₹ 2,699	₹ 2,792
December 2027	₹ 2,797	₹ 2,923

• The initial price target for LIC India Limited in 2027 is estimated to be ₹2,462.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹2,574.
• However, by the end of 2027, the price target is expected to reach ₹2,923 considering bullish market trends.

LIC India Share Price Target 2028

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹2,992 with a maximum potential value of ₹3,448 per share.

Months	Minimum Price	Maximum Price
January 2028	₹ 2,927	₹ 2,992
February 2028	₹ 2,994	₹ 3,039
March 2028	₹ 2,968	₹ 3,033
April 2028	₹ 2,998	₹ 3,028
May 2028	₹ 3,010	₹ 3,102
June 2028	₹ 3,074	₹ 3,100
July 2028	₹ 3,100	₹ 3,176
August 2028	₹ 3,178	₹ 3,202
September 2028	₹ 3,204	₹ 3,218
October 2028	₹ 3,213	₹ 3,226
November 2028	₹ 3,227	₹ 3,324
December 2028	₹ 3,331	₹ 3,448

• The initial price target for LIC India Limited in 2028 is estimated to be ₹2,992.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹3,100.
• However, by the end of 2028, the price target is expected to reach ₹3,448 considering bullish market trends.

LIC India Share Price Target 2029

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹3,520 with a maximum potential value of ₹4,003 per share.

Months	Minimum Price	Maximum Price
January 2029	₹ 3,452	₹ 3,520
February 2029	₹ 3,522	₹ 3,566
March 2029	₹ 3,496	₹ 3,562
April 2029	₹ 3,521	₹ 3,554
May 2029	₹ 3,538	₹ 3,630
June 2029	₹ 3,601	₹ 3,629
July 2029	₹ 3,624	₹ 3,704
August 2029	₹ 3,704	₹ 3,712
September 2029	₹ 3,754	₹ 3,767
October 2029	₹ 3,790	₹ 3,810
November 2029	₹ 3,823	₹ 3,856
December 2029	₹ 3,942	₹ 4,003

• The initial price target for LIC India Limited in 2029 is estimated to be ₹3,520.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹3,629.
• However, by the end of 2029, the price target is expected to reach ₹4,003 considering bullish market trends.

LIC India Share Price Target 2030

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹4,010 with a maximum potential value of ₹4,580 per share.

Months	Minimum Price	Maximum Price
January 2030	₹ 3,945	₹ 4,010
February 2030	₹ 4,028	₹ 4,110
March 2030	₹ 3,991	₹ 4,086
April 2030	₹ 4,031	₹ 4,080
May 2030	₹ 4,049	₹ 4,141
June 2030	₹ 4,130	₹ 4,137
July 2030	₹ 4,168	₹ 4,192
August 2030	₹ 4,213	₹ 4,246
September 2030	₹ 4,270	₹ 4,310
October 2030	₹ 4,311	₹ 4,359
November 2030	₹ 4,349	₹ 4,412
December 2030	₹ 4,484	₹ 4,580

• The initial price target for LIC India Limited in 2030 is estimated to be ₹4,010.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹4,137.
• However, by the end of 2030, the price target is expected to reach ₹4,580 considering bullish market trends.

LIC India Share Price Target 2040

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹15,137 with a maximum potential value of ₹17,288 per share.

Months	Minimum Price	Maximum Price
January 2040	₹ 14,208	₹ 15,137
February 2040	₹ 14,506	₹ 15,516
March 2040	₹ 14,376	₹ 15,423
April 2040	₹ 14,519	₹ 15,401
May 2040	₹ 14,585	₹ 15,632
June 2040	₹ 14,876	₹ 15,617
July 2040	₹ 15,010	₹ 15,824
August 2040	₹ 15,175	₹ 16,030
September 2040	₹ 15,380	₹ 16,269
October 2040	₹ 15,526	₹ 16,456
November 2040	₹ 15,665	₹ 16,655
December 2040	₹ 16,150	₹ 17,288

• The initial price target for LIC India Limited in 2040 is estimated to be ₹15,137.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹15,617.
• However, by the end of 2040, the price target is expected to reach ₹17,288 considering bullish market trends.

LIC India Share Price Target 2050

Based on technical data, the minimum target share price for LIC India is anticipated to be ₹57,143 with a maximum potential value of ₹65,261 per share.

Months	Minimum Price	Maximum Price
January 2050	₹ 51,172	₹ 57,143
February 2050	₹ 52,246	₹ 58,571
March 2050	₹ 51,776	₹ 58,220
April 2050	₹ 52,294	₹ 58,138
May 2050	₹ 52,529	₹ 59,010
June 2050	₹ 53,580	₹ 58,951
July 2050	₹ 54,062	₹ 59,735
August 2050	₹ 54,657	₹ 60,512
September 2050	₹ 55,394	₹ 61,414
October 2050	₹ 55,921	₹ 62,120
November 2050	₹ 56,418	₹ 62,872
December 2050	₹ 58,167	₹ 65,261

• The initial price target for LIC India Limited in 2050 is estimated to be ₹57,143.
• With favorable market conditions, the mid-year price target for LIC India Ltd. could reach ₹58,951.
• However, by the end of 2050, the price target is expected to reach ₹65,261 considering bullish market trends.

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Recommendations: Invest in LIC India Limited stock or sell it?

Investing in a company with strong financial performance, solid cash flow, stable growth, and a strong reputation in the industry is always a wise choice. LIC India Limited is a prime example, being a well-established brand in the insurance sector.

As India’s largest insurance provider, LIC holds a dominant market share of over 66% in new business premiums. The company offers a range of insurance products, including participating and non-participating options.

Given the scale of the insurance industry, no competitor matches LIC’s reach and influence. As individual savings and insurance awareness grow, the sector is poised for long-term success, with LIC standing to benefit significantly as the market leader.

Our forecasts also indicate that LIC’s stock could experience substantial growth, making it an attractive option for both short-term and long-term investors.

Analysts consistently recommend LIC as a strong long-term investment. However, it’s essential to conduct your own research and analysis before making any investment decisions. Trading and investing involve considerable risk, so consulting a financial expert is advisable.

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