Top Market Experts Mayuresh Joshi And Osho Krishan's Positive Outlook On LIC | LIC Shares

Market experts Mayuresh Joshi and Osho Krishan express optimism regarding LIC stock following its strong Q3 earnings. As of 9:15 am on Thursday, February 9th, the stock has surged nearly 3%. LIC reported a notable 49% year-on-year rise in net profit for the December quarter of FY2024, totaling ₹9,444.4 crore compared to ₹6,334.2 crore in the same period last year. This improvement primarily stems from increased net income from investments and a growth in net premium income. The insurer's net premium income expanded by 4.6% to ₹1.17 trillion, up from ₹1.11 trillion in Q3 FY24. Watch the experts' opinion on LIC.