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Sommario:LIC (NS:) stock surged by 7% today thereby reclaiming the market cap mark of Rs 5 lakh crore. It als
LIC (NS:) stock surged by 7% today thereby reclaiming the market cap mark of Rs 5 lakh crore. It also touched its 52-week high price of Rs 800. Now it is not too far from its IPO pricing of Rs 949.
According to InvestingPro+:
Strong earnings should allow management to continue dividend payments: Its dividend coverage ratio is better than its peers
Liquid assets exceed short-term obligations
However, there are some negatives of LIC that investors should be aware of, according to InvestingPro+:
RSI suggests the stock is in overbought territory
Suffers from weak gross profit margins
Net income is expected to drop this year
Trading at a high Price / Book multiple
Disclaimer:
Le opinioni di questo articolo rappresentano solo le opinioni personali dell’autore e non costituiscono consulenza in materia di investimenti per questa piattaforma. La piattaforma non garantisce l’accuratezza, la completezza e la tempestività delle informazioni relative all’articolo, né è responsabile delle perdite causate dall’uso o dall’affidamento delle informazioni relative all’articolo.
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