LIC’s growth perils curb stock’s valuation
Life Insurance Corp. of India Ltd (LIC) stock jumped over 7% on Wednesday to ₹936 despite its dull March quarter (Q4FY25) results. Perhaps, the Street’s focus shifted to the cheap valuation of the stock that trades at a price-to-earnings multiple of 12x, as per Bloomberg consensus FY26 estimates. LIC’s Q4 performance was far from inspiring….
