Life Insurance Corporation of India (LIC) shares gained more than 3% on August 11, 2026, despite the completion of a massive ₹32,000 crore Offer for Sale (OFS). The stock remained resilient after the OFS and stayed above the key ₹390 level, indicating positive investor sentiment. (Moneycontrol)
The OFS was priced at ₹383 per share for institutional investors and ₹373 for retail investors, representing a discount to the market price. Despite this large supply event, LIC shares did not break the ₹390 level and later traded around ₹405.40, up about 3% in the afternoon session. (Moneycontrol)
A strong Q1 FY27 performance also supported the stock. LIC reported a 23% year-on-year increase in net profit to ₹13,492 crore, compared with ₹10,987 crore in the same quarter last year.
The improvement was supported by strong group business and better margins, as LIC continued to focus on more profitable insurance products. The performance came despite increased competition in the life insurance sector.
Overall, the combination of strong quarterly earnings and the stock's ability to absorb the large OFS supply helped boost investor confidence in LIC.
Key Points
- 📈 Shares gained 3%+
- 💰 OFS size: ₹32,000 crore
- 🏦 Institutional OFS price: ₹383
- 👥 Retail OFS price: ₹373
- 📊 Q1 profit up 23% YoY
- 💵 Net profit: ₹13,492 crore
- 🔥 Stock held above ₹390 level (Moneycontrol)
LIC (Life Insurance Corporation of India) ke shares mein 11 August 2026 ko 3% se zyada ki tezi dekhi gayi. Yeh rally ek bade ₹32,000 crore OFS (Offer for Sale) ke complete hone ke baad aayi, jiske saath company ke strong Q1 FY27 results ne bhi investor sentiment ko support kiya.
OFS ke dauran institutional investors ke liye price ₹383 per share, jabki retail investors ke liye ₹373 per share rakha gaya tha. Itne bade share supply event ke bawajood LIC stock ne ₹390 ke important level ko hold kiya aur trading ke dauran around ₹405.40 tak pahunch gaya.
Company ke Q1 FY27 results bhi strong rahe. LIC ka net profit 23% YoY badhkar ₹13,492 crore ho gaya, compared with ₹10,987 crore in the same quarter last year.
Profit growth ko strong group business aur improved margins ka support mila. LIC ka focus higher-margin aur more profitable insurance products par bhi raha, jisse earnings performance ko boost mila.
Overall, strong Q1 earnings + massive OFS ko absorb karne ki stock ki ability ne LIC ke shares mein investor confidence ko strengthen kiya.
Key Points
- 📈 Shares 3%+ up
- 💰 OFS size: ₹32,000 crore
- 🏦 Institutional price: ₹383
- 👥 Retail price: ₹373
- 📊 Q1 profit 23% YoY up
- 💵 Net profit: ₹13,492 crore
- 🔥 Stock ne ₹390 level hold kiya