LIC Q3 Results: The net premium income for the third quarter rose 5% year-on-year to Rs 1.17 lakh crore, compared with Rs 1.11 lakh crore in the corresponding quarter of previous year. First year premium for the reporting quarter fell 13% to Rs 8,429 crore. It was Rs 9,725 crore a year ago. Income from investments jumped 12% year-on-year to Rs 95,267 crore.
The stock hit an all-time high of ₹900 as the company s market capitalisation rose to ₹5.64 lakh crore, crossing the listing day market value of ₹5.53 lakh crore.