Kolkata: Public sector insurer LIC has attracted eyeballs on D Street with robust Q2 results. On Thursday, November 6 the company announced Q2 numbers with a standalone PAT of Rs 10,053.39 crore, which marks a 32% year-on-year jump from the level of Rs 7,620.86 crore reported in the same quarter last year. The company’s net premium income grew 5.5% (y-o-y) to Rs 1.26 lakh crore in the same quarter. Asset quality for funds of policyholders also went up. The company’s assets under management also rose by 3.31% to touch Rs 57.23 lakh crore.

LIC target price by Motilal Oswal

Target price: Rs 1,080

Motilal Oswal highlighted in its report that LIC’s net premium income in 2QFY26 stood at Rs 1.3 lakh crore — a rise of 5% compared to Q2FY25. Renewal premiums increased by the same rate of 5% to

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