LIC gets 'buy' from Motilal Oswal, target at Rs 830 suggests 20% potential upside - Economic Times

The brokerage has a price target of Rs 830 on the stock based on 0.8 times FY24 EV, as it expects gradual margin recovery and diversification in the business mix. This is even as LIC's high sensitivity to equity market volatility remains an overhang, the brok…

NEW DELHI: has initiated coverage on Life Insurance Corporation (LIC) with a 'buy' rating as it finds valuation at 0.7 times FY24E EV reasonable. The brokerage has a price target of Rs 830 on the st… [+2362 chars]

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