LIC shares rise ahead of Q4 results; analyst urges caution
2 min readLife Insurance Corp. of India (LIC) shares climbed more than 1% in Thursday’s early trade, hitting ₹809 on the NSE, as traders geared up for the insurer’s Q4FY26 results due later today.
On May 21, 2026, LIC’s board will convene to review and sanction the audited standalone and consolidated statements for the quarter and fiscal year ending March 31 2026, and to discuss a possible final dividend for FY26.
The share opened at ₹808, rose to an intraday peak of ₹812, and was up ₹8.45 (about 1.06%) when this was written. Nonetheless, the longer‑term direction stays subdued: the price is down 5.25% year‑over‑year and about 17% under its 52‑week high of ₹980 reached in June 2025, having bounced from the 52‑week trough of ₹721.50 seen in April 2026.
Analysts forecast LIC’s Q4FY26 Value of New Business margin near 20.5%, supported by its ongoing shift toward non‑participating products. Emkay Global estimates roughly 13% quarterly APE increase, buoyed by solid Group‑segment performance and a low base, and projects a full‑year FY26 APE rise of about 15%.
Even with the pre‑result gain, Bonanza’s Senior Technical Research Analyst Virat Jagad urges caution. He observes that LIC is still in a downtrend, etching lower lows and lower highs, and stays beneath key EMAs. The RSI lingers around 50; Jagad says a clear break above that would hint at strengthening momentum. He sets a firm stop‑loss at ₹775 for current holders and warns the earnings release could provoke sharp swings.
Per SEBI insider‑trading rules, insiders’ trading window was shut from April 1 2026 and will resume on May 23 2026, i.e., 48 hours after the board session.
LIC’s market cap is about ₹5,11,692 crore. At midday Thursday, the order book displayed 61.37% sell‑side interest against 38.63% buy‑side, indicating wary sentiment before the results.
Published on May 21, 2026
