LIC shares fall 4% as Q2 VNB misses estimates; APE growth remains weak
Life Insurance Corporation reported results.
· Business Standard Mkts
LIC reported a 20.12 per cent year-on-year (Y-o-Y) rise in net profit at ₹12,076 crore for the second quarter of financial year…
The analysis
Life Insurance Corporation reported ₹12,076 crore, with movement of 4% and 20.12% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.4% on the day at ₹394.00, and has returned +1.7% over three months. It sits 15% below its 52-week high. The insurance sector has moved -9.1% over the same period, so Life Insurance Corporation is running 10.8 points ahead of its peers.
For Life Insurance Corporation, the question is how much of this is already reflected in the price and how much re-rates the insurance peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Life Insurance Corporation (LIC) (LICI), in Insurance.
- Over three months: Life Insurance Corporation (LIC) +1.7% against Insurance -9.1% (10.8 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Life Insurance Corporation (LIC)LICI · Insurance | ₹394.00 | -3.4% | +1.0% | +1.7% | -14.7% | 1.5× | — |
Insurance
1M -0.7% · 3M -9.1%
Life Insurance Corporation (LIC)
Financial Services
1M -0.2% · 3M -10.2%
Prices as of 6 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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