Life Insurance Corporation of India (LIC), incorporated in 1956, is a Small Cap company operating in the Financial Services sector. IIFL has recommended buying LIC with a target price of Rs 710. The current market price of LIC is Rs 680.8. IIFL suggests keeping a stop loss at Rs 660. LIC’s key products/revenue segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments, and Other Operating Revenue. For the quarter ended 30-06-2023, LIC reported a Consolidated Total Income of Rs 189604.30 Crore, down -5.64 % from the last quarter. The company has a net profit after tax of Rs 8651.18 Crore in the latest quarter. Promoters hold 96.5% stake in the company, while FIIs own 0.08% and DIIs 0.71%. Please consult your financial adviser before making any investment decisions.