LIC Shares Soar 7% After Strong Q3 Results, Net Profit Jumps 17.4%

• LIC shares surged over 7% to Rs 901.50 on February 6 following robust Q3 results.
• Net consolidated profit for Dec 2025 quarter rose 17.4% year-on-year to Rs 12930.44 crore.
• Net premium income also increased by 17.4% to Rs 125988.15 crore.
• Government plans to reduce its stake in LIC to 10% by FY 2026-27, potentially via OFS or QIP.
• Brokerages like Citi, ICICI Securities, and Motilal Oswal maintain 'Buy' ratings with increased target prices.