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Life Insurance Corporation of India is currently trading at Rs. 602.85, up by 9.30 points or 1.57% from its previous closing of Rs. 593.55 on the BSE.

The scrip opened at Rs. 604.00 and has touched a high and low of Rs. 615.65 and Rs. 600.95 respectively. So far 246005 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 841.00 on 30-May-2022 and a 52 week low of Rs. 530.20 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 615.65 and Rs. 562.20 respectively. The current market cap of the company is Rs. 383800.86 crore.

The promoters holding in the company stood at 96.50%, while Institutions and Non-Institutions held 0.98% and 2.52% respectively.

Life Insurance Corporation of India has reported over 5-fold jump in its net profit at Rs 13,427.81 crore for fourth quarter (Q4) ended March 31, 2023 as compared to Rs 2,371.55 crore for the same quarter in the previous year. However, net premium income of the company decreased by 8.34% at Rs 131,761.11 crore for Q4FY23 as compared to Rs 143,745.92 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 5-fold jump in its net profit at Rs 13,190.79 crore for fourth quarter ended March 31, 2023 as compared to Rs 2,409.40 crore for the same quarter in the previous year. However, net premium income of the company decreased by 8.28% at Rs 132,223.21 crore for Q4FY23 as compared to Rs 144,158.84 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 9-fold jump in its net profit at Rs 36,397.39 crore as compared to Rs 4,043.12 crore for the previous year. Net premium income of the company increased by 10.90% at Rs 474,004.61 crore for year under review as compared to Rs 427,419.21 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported over 8-fold jump in its net profit at Rs 35,996.65 crore as compared to Rs 4,124.71 crore for the previous year. Net premium income of the company increased by 10.82% at Rs 475,956.88 crore for year under review as compared to Rs 429,500.77 crore for year ended March 31, 2022.