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Life Insurance Corporation Of India
Buy, Hold or Sell?

Let's analyze Life Insurance Corporation Of India together

I guess you are interested in Life Insurance Corporation Of India. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Life Insurance Corporation Of India. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Life Insurance Corporation Of India (30 sec.)










1.2. What can you expect buying and holding a share of Life Insurance Corporation Of India? (30 sec.)

How much money do you get?

How much money do you get?
INR0.03
When do you have the money?
1 year
How often do you get paid?
83.3%

What is your share worth?

Current worth
INR131.07
Expected worth in 1 year
INR362.21
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR233.94
Return On Investment
25.2%

For what price can you sell your share?

Current Price per Share
INR928.65
Expected price per share
INR888.30 - INR1,045
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Life Insurance Corporation Of India (5 min.)




Live pricePrice per Share (EOD)
INR928.65
Intrinsic Value Per Share
INR-766.33 - INR766.41
Total Value Per Share
INR-635.26 - INR897.48

2.2. Growth of Life Insurance Corporation Of India (5 min.)




Is Life Insurance Corporation Of India growing?

Current yearPrevious yearGrowGrow %
How rich?$9.8b$5.5b$4.3b44.1%

How much money is Life Insurance Corporation Of India making?

Current yearPrevious yearGrowGrow %
Making money$4.8b$4.2b$585.3m12.0%
Net Profit Margin4.8%4.5%--

How much money comes from the company's main activities?

2.3. Financial Health of Life Insurance Corporation Of India (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Life Insurance Corporation Of India?

Welcome investor! Life Insurance Corporation Of India's management wants to use your money to grow the business. In return you get a share of Life Insurance Corporation Of India.

First you should know what it really means to hold a share of Life Insurance Corporation Of India. And how you can make/lose money.

Speculation

The Price per Share of Life Insurance Corporation Of India is INR928.65. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Life Insurance Corporation Of India.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Life Insurance Corporation Of India, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR131.07. Based on the TTM, the Book Value Change Per Share is INR57.79 per quarter. Based on the YOY, the Book Value Change Per Share is INR55.16 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.70 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Life Insurance Corporation Of India.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.770.1%0.770.1%0.680.1%0.330.0%0.290.0%
Usd Book Value Change Per Share0.690.1%0.690.1%0.660.1%0.310.0%0.260.0%
Usd Dividend Per Share0.010.0%0.010.0%0.020.0%0.030.0%0.020.0%
Usd Total Gains Per Share0.700.1%0.700.1%0.670.1%0.340.0%0.280.0%
Usd Price Per Share10.90-10.90-6.36-3.45-2.88-
Price to Earnings Ratio14.16-14.16-9.39-4.71-3.93-
Price-to-Total Gains Ratio15.66-15.66-9.43-12.55-12.55-
Price to Book Ratio6.99-6.99-7.29-2.86-2.38-
Price-to-Total Gains Ratio15.66-15.66-9.43-12.55-12.55-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.050935
Number of shares90
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.03
Usd Book Value Change Per Share0.690.31
Usd Total Gains Per Share0.700.34
Gains per Quarter (90 shares)62.6430.39
Gains per Year (90 shares)250.55121.56
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1324824110111112
2649549221222234
3974374331333356
41299099442444478
5151238124552555600
6181485149663666722
7211733174773778844
8241980199884889966
927222822499410001088
10302476250010511111210

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.01.083.3%5.00.01.083.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of Life Insurance Corporation Of India compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--57.78657.7860%55.164+5%25.930+123%21.844+165%
Book Value Per Share--131.067131.0670%73.281+79%47.048+179%39.443+232%
Current Ratio--0.8490.8490%1.018-17%46.068-98%66.563-99%
Debt To Asset Ratio--0.9840.9840%0.990-1%0.994-1%0.995-1%
Debt To Equity Ratio--63.24363.2430%98.029-35%916.618-93%1469.143-96%
Dividend Per Share--0.7000.7000%1.500-53%2.445-71%2.037-66%
Eps--64.68964.6890%56.912+14%27.977+131%24.180+168%
Free Cash Flow Per Share--40.08540.0850%84.794-53%65.536-39%57.441-30%
Free Cash Flow To Equity Per Share--33.08633.0860%83.294-60%-25.554+177%-22.078+167%
Gross Profit Margin--0.9860.9860%0.980+1%0.898+10%0.895+10%
Intrinsic Value_10Y_max--766.410--------
Intrinsic Value_10Y_min---766.326--------
Intrinsic Value_1Y_max--68.118--------
Intrinsic Value_1Y_min--10.100--------
Intrinsic Value_3Y_max--211.283--------
Intrinsic Value_3Y_min---44.733--------
Intrinsic Value_5Y_max--362.427--------
Intrinsic Value_5Y_min---181.428--------
Market Cap5873711428300.800+1%5794648925900.8005794648925900.8000%3379763852595.200+71%1834882555699.200+216%1529068796416.000+279%
Net Profit Margin--0.0480.0480%0.045+5%0.022+117%0.019+147%
Operating Margin--0.0040.0040%0.060-93%0.024-82%0.022-81%
Operating Ratio--0.0930.0930%0.935-90%0.799-88%0.502-82%
Pb Ratio7.085+1%6.9906.9900%7.292-4%2.856+145%2.380+194%
Pe Ratio14.356+1%14.16214.1620%9.389+51%4.710+201%3.925+261%
Price Per Share928.650+1%916.150916.1500%534.350+71%290.100+216%241.750+279%
Price To Free Cash Flow Ratio23.167+1%22.85522.8550%6.302+263%5.831+292%4.859+370%
Price To Total Gains Ratio15.878+1%15.66415.6640%9.430+66%12.547+25%12.547+25%
Quick Ratio--3.4033.4030%-2.902+185%-142.073+4276%-183.875+5504%
Return On Assets--0.0080.0080%0.008-2%0.004+108%0.003+137%
Return On Equity--0.4940.4940%0.779-36%1.080-54%1.577-69%
Total Gains Per Share--58.48658.4860%56.664+3%28.374+106%23.882+145%
Usd Book Value--9865052400.0009865052400.0000%5515646215.800+79%3541192301.500+179%2968792712.083+232%
Usd Book Value Change Per Share--0.6880.6880%0.656+5%0.309+123%0.260+165%
Usd Book Value Per Share--1.5601.5600%0.872+79%0.560+179%0.469+232%
Usd Dividend Per Share--0.0080.0080%0.018-53%0.029-71%0.024-66%
Usd Eps--0.7700.7700%0.677+14%0.333+131%0.288+168%
Usd Free Cash Flow--3017111720.0003017111720.0000%6382212367.288-53%4932765994.515-39%4323410527.096-30%
Usd Free Cash Flow Per Share--0.4770.4770%1.009-53%0.780-39%0.684-30%
Usd Free Cash Flow To Equity Per Share--0.3940.3940%0.991-60%-0.304+177%-0.263+167%
Usd Market Cap69897165996.780+1%68956322218.22068956322218.2200%40219189845.883+71%21835102412.821+216%18195918677.350+279%
Usd Price Per Share11.051+1%10.90210.9020%6.359+71%3.452+216%2.877+279%
Usd Profit--4868986150.0004868986150.0000%4283600874.000+14%2102496264.960+132%1817227028.633+168%
Usd Revenue--102427718470.000102427718470.0000%94828172243.000+8%88077523835.280+16%84593698496.067+21%
Usd Total Gains Per Share--0.6960.6960%0.674+3%0.338+106%0.284+145%
 EOD+4 -4MRQTTM+0 -0YOY+22 -145Y+24 -1210Y+24 -12

3.3 Fundamental Score

Let's check the fundamental score of Life Insurance Corporation Of India based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.356
Price to Book Ratio (EOD)Between0-17.085
Net Profit Margin (MRQ)Greater than00.048
Operating Margin (MRQ)Greater than00.004
Quick Ratio (MRQ)Greater than13.403
Current Ratio (MRQ)Greater than10.849
Debt to Asset Ratio (MRQ)Less than10.984
Debt to Equity Ratio (MRQ)Less than163.243
Return on Equity (MRQ)Greater than0.150.494
Return on Assets (MRQ)Greater than0.050.008
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Life Insurance Corporation Of India based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.242
Ma 20Greater thanMa 50933.055
Ma 50Greater thanMa 100988.894
Ma 100Greater thanMa 2001,030.282
OpenGreater thanClose925.000
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Life Insurance Corporation Of India

Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It offers insurance plans, including endowment, whole life, term insurance plans, money back, and term assurance plans, as well as riders comprising accidental death and disability benefit, critical illness benefit, and premium waiver benefit riders. The company also provides pension, unit linked, micro insurance, withdrawal, and health plans, as well as various group schemes. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-11-01 01:49:02.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is underpriced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Life Insurance Corporation Of India earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • A Net Profit Margin of 4.8% means that ₹0.05 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Life Insurance Corporation Of India:

  • The MRQ is 4.8%. The company is making a profit. +1
  • The TTM is 4.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.8%TTM4.8%0.0%
TTM4.8%YOY4.5%+0.2%
TTM4.8%5Y2.2%+2.6%
5Y2.2%10Y1.9%+0.3%
4.3.1.2. Return on Assets

Shows how efficient Life Insurance Corporation Of India is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • 0.8% Return on Assets means that Life Insurance Corporation Of India generated ₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Life Insurance Corporation Of India:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.8%0.0%
TTM0.8%YOY0.8%0.0%
TTM0.8%5Y0.4%+0.4%
5Y0.4%10Y0.3%+0.0%
4.3.1.3. Return on Equity

Shows how efficient Life Insurance Corporation Of India is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • 49.4% Return on Equity means Life Insurance Corporation Of India generated ₹0.49 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Life Insurance Corporation Of India:

  • The MRQ is 49.4%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 49.4%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ49.4%TTM49.4%0.0%
TTM49.4%YOY77.9%-28.4%
TTM49.4%5Y108.0%-58.6%
5Y108.0%10Y157.7%-49.6%
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4.3.2. Operating Efficiency of Life Insurance Corporation Of India.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Life Insurance Corporation Of India is operating .

  • Measures how much profit Life Insurance Corporation Of India makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • An Operating Margin of 0.4% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Life Insurance Corporation Of India:

  • The MRQ is 0.4%. The company is operating inefficient. -1
  • The TTM is 0.4%. The company is operating inefficient. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%0.0%
TTM0.4%YOY6.0%-5.6%
TTM0.4%5Y2.4%-2.0%
5Y2.4%10Y2.2%+0.2%
4.3.2.2. Operating Ratio

Measures how efficient Life Insurance Corporation Of India is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • An Operation Ratio of 0.09 means that the operating costs are ₹0.09 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Life Insurance Corporation Of India:

  • The MRQ is 0.093. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.093. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.093TTM0.0930.000
TTM0.093YOY0.935-0.842
TTM0.0935Y0.799-0.707
5Y0.79910Y0.502+0.298
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4.4.3. Liquidity of Life Insurance Corporation Of India.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Life Insurance Corporation Of India is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Life industry mean).
  • A Current Ratio of 0.85 means the company has ₹0.85 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Life Insurance Corporation Of India:

  • The MRQ is 0.849. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.849. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.849TTM0.8490.000
TTM0.849YOY1.018-0.169
TTM0.8495Y46.068-45.219
5Y46.06810Y66.563-20.495
4.4.3.2. Quick Ratio

Measures if Life Insurance Corporation Of India is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • A Quick Ratio of 3.40 means the company can pay off ₹3.40 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Life Insurance Corporation Of India:

  • The MRQ is 3.403. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.403. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.403TTM3.4030.000
TTM3.403YOY-2.902+6.304
TTM3.4035Y-142.073+145.475
5Y-142.07310Y-183.875+41.802
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4.5.4. Solvency of Life Insurance Corporation Of India.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Life Insurance Corporation Of India assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Life Insurance Corporation Of India to Insurance - Life industry mean.
  • A Debt to Asset Ratio of 0.98 means that Life Insurance Corporation Of India assets are financed with 98.4% credit (debt) and the remaining percentage (100% - 98.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Life Insurance Corporation Of India:

  • The MRQ is 0.984. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.984. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.984TTM0.9840.000
TTM0.984YOY0.990-0.005
TTM0.9845Y0.994-0.009
5Y0.99410Y0.995-0.001
4.5.4.2. Debt to Equity Ratio

Measures if Life Insurance Corporation Of India is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • A Debt to Equity ratio of 6,324.3% means that company has ₹63.24 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Life Insurance Corporation Of India:

  • The MRQ is 63.243. The company is unable to pay all its debts with equity. -1
  • The TTM is 63.243. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ63.243TTM63.2430.000
TTM63.243YOY98.029-34.786
TTM63.2435Y916.618-853.375
5Y916.61810Y1,469.143-552.525
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Life Insurance Corporation Of India generates.

  • Above 15 is considered overpriced but always compare Life Insurance Corporation Of India to the Insurance - Life industry mean.
  • A PE ratio of 14.16 means the investor is paying ₹14.16 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Life Insurance Corporation Of India:

  • The EOD is 14.356. Based on the earnings, the company is underpriced. +1
  • The MRQ is 14.162. Based on the earnings, the company is underpriced. +1
  • The TTM is 14.162. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.356MRQ14.162+0.193
MRQ14.162TTM14.1620.000
TTM14.162YOY9.389+4.773
TTM14.1625Y4.710+9.452
5Y4.71010Y3.925+0.785
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Life Insurance Corporation Of India:

  • The EOD is 23.167. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.855. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 22.855. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD23.167MRQ22.855+0.312
MRQ22.855TTM22.8550.000
TTM22.855YOY6.302+16.553
TTM22.8555Y5.831+17.024
5Y5.83110Y4.859+0.972
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Life Insurance Corporation Of India is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • A PB ratio of 6.99 means the investor is paying ₹6.99 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Life Insurance Corporation Of India:

  • The EOD is 7.085. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.990. Based on the equity, the company is overpriced. -1
  • The TTM is 6.990. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.085MRQ6.990+0.095
MRQ6.990TTM6.9900.000
TTM6.990YOY7.292-0.302
TTM6.9905Y2.856+4.134
5Y2.85610Y2.380+0.476
4.6.2. Total Gains per Share

2.4. Latest News of Life Insurance Corporation Of India

Does Life Insurance Corporation Of India still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Life Insurance Corporation Of India to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2024-10-22
10:41
Hyundai Motor India Makes Lackluster Debut After Record ListingRead
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-03-312021-03-312022-03-312023-03-312024-03-31
Accumulated Other Comprehensive Income  8,364,68058,325,43066,690,110-16,577,84550,112,265348,945,415399,057,680-400,979,280-1,921,600
Long-term Assets Other  -145,717,780110,977,521-34,740,259-966,536-35,706,795-2,660,539-38,367,3343,161,373,0343,123,005,700



6.2. Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets53,160,471,200
Total Liabilities52,331,475,200
Total Stockholder Equity827,468,700
 As reported
Total Liabilities 52,331,475,200
Total Stockholder Equity+ 827,468,700
Total Assets = 53,160,471,200

Assets

Total Assets53,160,471,200
Total Current Assets418,244,700
Long-term Assets52,742,226,500
Total Current Assets
Cash And Cash Equivalents 418,244,700
Short-term Investments 1,676,545,200
Net Receivables -418,820,200
Inventory 575,500
Total Current Assets  (as reported)418,244,700
Total Current Assets  (calculated)1,676,545,200
+/- 1,258,300,500
Long-term Assets
Property Plant Equipment 40,747,700
Long Term Investments 49,578,473,100
Intangible Assets 111,200
Long-term Assets Other 3,123,005,700
Long-term Assets  (as reported)52,742,226,500
Long-term Assets  (calculated)52,742,337,700
+/- 111,200

Liabilities & Shareholders' Equity

Total Current Liabilities492,567,000
Long-term Liabilities51,838,908,200
Total Stockholder Equity827,468,700
Total Current Liabilities
Accounts payable 17,239,800
Other Current Liabilities 475,327,200
Total Current Liabilities  (as reported)492,567,000
Total Current Liabilities  (calculated)492,567,000
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)51,838,908,200
Long-term Liabilities  (calculated)0
+/- 51,838,908,200
Total Stockholder Equity
Common Stock63,250,000
Retained Earnings 850,240,200
Accumulated Other Comprehensive Income -1,921,600
Other Stockholders Equity -84,099,900
Total Stockholder Equity (as reported)827,468,700
Total Stockholder Equity (calculated)827,468,700
+/-0
Other
Capital Stock63,250,000
Cash and Short Term Investments 418,244,700
Common Stock Shares Outstanding 6,324,998
Liabilities and Stockholders Equity 53,160,471,200
Net Debt -418,244,700
Net Invested Capital 827,468,700
Net Working Capital -74,322,300
Property Plant and Equipment Gross 84,801,100



6.3. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2024-03-312023-03-312022-03-312021-03-312020-03-312019-03-31
> Total Assets 
34,272,492,770
34,998,340,790
38,295,242,060
42,540,589,339
45,784,913,543
53,160,471,200
53,160,471,20045,784,913,54342,540,589,33938,295,242,06034,998,340,79034,272,492,770
   > Total Current Assets 
615,217,690
631,526,280
360,783,186
447,243,449
454,985,973
418,244,700
418,244,700454,985,973447,243,449360,783,186631,526,280615,217,690
       Cash And Cash Equivalents 
471,098,080
523,383,540
292,269,710
447,243,449
454,985,973
418,244,700
418,244,700454,985,973447,243,449292,269,710523,383,540471,098,080
       Short-term Investments 
143,402,730
117,973,420
305,400,660
1,026,390,906
1,251,498,955
1,676,545,200
1,676,545,2001,251,498,9551,026,390,906305,400,660117,973,420143,402,730
       Inventory 
716,880
683,960
733,830
725,331
634,000
575,500
575,500634,000725,331733,830683,960716,880
       Other Current Assets 
2,187,820,860
2,278,634,140
2,156,146,830
2,763,413,073
3,002,268,639
418,244,700
418,244,7003,002,268,6392,763,413,0732,156,146,8302,278,634,1402,187,820,860
   > Long-term Assets 
28,812,874,350
145,717,780
34,740,259
35,706,795
38,367,334
52,742,226,500
52,742,226,50038,367,33435,706,79534,740,259145,717,78028,812,874,350
       Property Plant Equipment 
110,997,940
110,726,720
34,466,270
35,706,795
38,367,334
40,747,700
40,747,70038,367,33435,706,79534,466,270110,726,720110,997,940
       Goodwill 
33,516,620
33,284,480
0
0
0
0
000033,284,48033,516,620
       Long Term Investments 
0
29,439,298,610
34,844,703,400
39,166,518,040
42,336,503,746
49,578,473,100
49,578,473,10042,336,503,74639,166,518,04034,844,703,40029,439,298,6100
       Intangible Assets 
1,161,690
1,706,580
273,990
211,976
153,966
111,200
111,200153,966211,976273,9901,706,5801,161,690
       Other Assets 
4,844,400,730
34,221,096,730
37,899,718,615
42,057,639,095
45,291,560,236
0
045,291,560,23642,057,639,09537,899,718,61534,221,096,7304,844,400,730
> Total Liabilities 
34,263,518,420
34,987,359,680
38,225,409,620
42,426,002,646
45,321,413,861
52,331,475,200
52,331,475,20045,321,413,86142,426,002,64638,225,409,62034,987,359,68034,263,518,420
   > Total Current Liabilities 
3,639,520
4,650,110
3,927,050
565,744,873
446,782,786
492,567,000
492,567,000446,782,786565,744,8733,927,0504,650,1103,639,520
       Short-term Debt 
2,782,300
3,868,550
3,140,120
0
0
0
0003,140,1203,868,5502,782,300
       Accounts payable 
3,639,520
4,650,110
3,927,050
103,569,814
71,025,144
17,239,800
17,239,80071,025,144103,569,8143,927,0504,650,1103,639,520
       Other Current Liabilities 
-3,639,520
-4,650,110
-3,927,050
462,175,059
375,757,642
475,327,200
475,327,200375,757,642462,175,059-3,927,050-4,650,110-3,639,520
   > Long-term Liabilities 
596,513,250
2,534,135,990
36,650
42,426,002,646
44,874,631,075
51,838,908,200
51,838,908,20044,874,631,07542,426,002,64636,6502,534,135,990596,513,250
       Other Liabilities 
0
31,596,628,640
37,394,175,594
41,710,764,199
0
0
0041,710,764,19937,394,175,59431,596,628,6400
> Total Stockholder Equity
8,096,740
10,018,270
68,839,680
113,383,263
462,328,678
827,468,700
827,468,700462,328,678113,383,26368,839,68010,018,2708,096,740
   Common Stock
1,000,000
1,000,000
1,000,000
63,249,977
63,249,977
63,250,000
63,250,00063,249,97763,249,9771,000,0001,000,0001,000,000
   Retained Earnings 
685,890
632,570
1,128,550
42,169,078
392,593,325
850,240,200
850,240,200392,593,32542,169,0781,128,550632,570685,890
   Accumulated Other Comprehensive Income 
6,389,830
8,364,680
66,690,110
50,112,265
399,057,680
-1,921,600
-1,921,600399,057,68050,112,26566,690,1108,364,6806,389,830
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
21,020
21,020
21,020
-105,419,055
-455,843,302
-84,099,900
-84,099,900-455,843,302-105,419,05521,02021,02021,020



6.4. Balance Sheets

Currency in INR. All numbers in thousands.




6.5. Cash Flows

Currency in INR. All numbers in thousands.




6.6. Income Statements

Currency in INR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue8,607,371,300
Cost of Revenue-0
Gross Profit8,607,371,3008,607,371,300
 
Operating Income (+$)
Gross Profit8,607,371,300
Operating Expense-797,261,600
Operating Income41,336,4007,810,109,700
 
Operating Expense (+$)
Research Development0
Selling General Administrative445,651,500
Selling And Marketing Expenses5,566,000
Operating Expense797,261,600451,217,500
 
Net Interest Income (+$)
Interest Income3,012,731,100
Interest Expense-1,278,800
Other Finance Cost-3,012,731,100
Net Interest Income-1,278,800
 
Pretax Income (+$)
Operating Income41,336,400
Net Interest Income-1,278,800
Other Non-Operating Income Expenses0
Income Before Tax (EBT)369,229,600-327,893,200
EBIT - interestExpense = 35,398,200
410,566,000
410,437,300
Interest Expense1,278,800
Earnings Before Interest and Taxes (EBIT)36,677,000370,508,400
Earnings Before Interest and Taxes (EBITDA)41,336,400
 
After tax Income (+$)
Income Before Tax369,229,600
Tax Provision-842,900
Net Income From Continuing Ops359,966,500368,386,700
Net Income409,158,500
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses8,255,820,400
Total Other Income/Expenses Net369,229,6001,278,800
 

Technical Analysis of Life Insurance Corporation Of India
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Life Insurance Corporation Of India. The general trend of Life Insurance Corporation Of India is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Life Insurance Corporation Of India's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Life Insurance Corporation Of India.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 980.12 < 991.00 < 1,045.

The bearish price targets are: 922.83 > 898.83 > 888.30.

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Life Insurance Corporation Of India Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Life Insurance Corporation Of India. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Life Insurance Corporation Of India Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Life Insurance Corporation Of India. The current macd is -18.26402339.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Life Insurance Corporation Of India price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Life Insurance Corporation Of India. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Life Insurance Corporation Of India price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Life Insurance Corporation Of India Daily Moving Average Convergence/Divergence (MACD) ChartLife Insurance Corporation Of India Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Life Insurance Corporation Of India. The current adx is 43.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Life Insurance Corporation Of India shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Life Insurance Corporation Of India Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Life Insurance Corporation Of India. The current sar is 898.04.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Life Insurance Corporation Of India Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Life Insurance Corporation Of India. The current rsi is 42.24. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Life Insurance Corporation Of India Daily Relative Strength Index (RSI) ChartLife Insurance Corporation Of India Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Life Insurance Corporation Of India. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Life Insurance Corporation Of India price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Life Insurance Corporation Of India Daily Stochastic Oscillator ChartLife Insurance Corporation Of India Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Life Insurance Corporation Of India. The current cci is -41.69202678.

Life Insurance Corporation Of India Daily Commodity Channel Index (CCI) ChartLife Insurance Corporation Of India Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Life Insurance Corporation Of India. The current cmo is -7.94213493.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Life Insurance Corporation Of India Daily Chande Momentum Oscillator (CMO) ChartLife Insurance Corporation Of India Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Life Insurance Corporation Of India. The current willr is -37.53869969.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Life Insurance Corporation Of India is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Life Insurance Corporation Of India Daily Williams %R ChartLife Insurance Corporation Of India Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Life Insurance Corporation Of India.

Life Insurance Corporation Of India Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Life Insurance Corporation Of India. The current atr is 22.16.

Life Insurance Corporation Of India Daily Average True Range (ATR) ChartLife Insurance Corporation Of India Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Life Insurance Corporation Of India. The current obv is 257,448,957.

Life Insurance Corporation Of India Daily On-Balance Volume (OBV) ChartLife Insurance Corporation Of India Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Life Insurance Corporation Of India. The current mfi is 39.60.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Life Insurance Corporation Of India Daily Money Flow Index (MFI) ChartLife Insurance Corporation Of India Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Life Insurance Corporation Of India.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-06-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-07-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-08-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-08-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-11STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-09-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-09-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-01STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Life Insurance Corporation Of India Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Life Insurance Corporation Of India based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.242
Ma 20Greater thanMa 50933.055
Ma 50Greater thanMa 100988.894
Ma 100Greater thanMa 2001,030.282
OpenGreater thanClose925.000
Total1/5 (20.0%)
Penke
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