LIC – Life Insurance Corporation of India
| Name | Life Insurance Corporation of India |
| Sector | Insurance |
| Capitalization | Large Cap |
| Buy/Sell | Overvalued |
| Peer Comparision | Click here |
Should you buy as per the technical Analysis?
LIC or life insurance corporation of India is one such stock that drained the investor’s IPO allotment money in the drains. The company is govt. owned and into insurance sector. We do not see it as a profit oriented company as the primary reason for the firm is to benefit the general Indian mass. That being said, if you are a committed investor to make wealth here, we would advise you to skip on this company and look elsewhere, preferably in the private sector.
Should you buy as per the Fundamental Analysis?
Life Insurance Corporation of India scores decent on the fundamental scale, its not a bad company to consider for swing trades. But, its advised to stay away despite the good fundamentals to not fall in trap of investments in slow growth companies for sake of additional 2% gains in quick time. Check out our list for the best banking stocks here.
Taking a closer look into Life Insurance Corporation of India.
It’s evident that the company is fairly undervalued for the growth rate it has been exhibiting and for its strong financial position.
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