LIC Soars 8% on Strong Q3 Results, Kaynes Tech Falls as Profit Misses Estimates

• Life Insurance Corporation of India (LIC) shares jumped 8% after reporting a 17% YoY rise in Q3 FY26 net profit to Rs 12,930 crore.
• LIC's net premium income increased over 17% YoY, and its solvency ratio improved to 2.19% in Q3 FY26.
• Kaynes Technology India's shares fell nearly 8% after its Q3 FY26 net profit of Rs 76.64 crore missed estimates, despite a 15% YoY rise.
• Analysts from JM Financial, Motilal Oswal, and Emkay Global reiterated 'BUY' ratings for LIC, citing strong growth and improved margins.
• Kaynes Tech's profit miss was attributed to muted growth in the industrial segment and weaker margins by ICICI Securities and JP Morgan.