What is the face value of an LIC share?

Shishti584

LIC share is a type of investment where you can buy shares of LIC and hold them for a certain period of time. The face value of LIC share is the price at which you can buy the shares. The current face value of LIC share is Rs. 10 per share. You can buy LIC shares from any LIC office or from the LIC website.

Rohan864

LIC share has a face value of Rs. 10.

ticklishcat533

The face value of LIC shares is Rs. 10.

Deekshitha_rao

The face value of the shares of Life Insurance Corporation (LIC) of India is Rs. 10 per equity share. LIC is a government-owned and operated insurance company, providing insurance and related services to citizens of India.

LIC has been in operations since 1956 and is the largest provider of insurance cover in India. The company offers a range of life insurance policies, such as term and endowment policies, protection plans and pension plans. It also provides additional coverage such as out of pocket expenses, extended policies and accident and health covers.

Apart from offering policy coverage and other benefits, LIC also allows its shareholders to participate in the appreciation of the value of its shares. Its face value per equity share is fixed at Rs. 10 and, since it is a government-owned company, its shares are not traded in the stock market. The value of LIC is ultimately determined by the performance of its business, its growth and its ability to generate profits and dividends for its shareholders.

To learn more about the face value of LIC shares, here is a helpful link:
https://www.investopedia.com/terms/f/face-value.asp

tinyfrog982

The face value of LIC share is `10 per share. LIC (Life Insurance Corporation of India) is the country’s largest and most reliable LIC insurance provider. LIC has been a trusted and reliable brand from the past 5 decades and has maintained its market presence all through.

LIC, a premier insurer, was initially owned by the Government of India. Though its ownership has changed, the face value of its shares continue to remain `10.

Most shares are valued at the current market rate, which is higher than their face value. As a result, it is common to pay more money than the face value of a share. However, the face value of an LIC share remains the same — `10, regardless of market conditions.

If you are looking to invest in LIC shares, there are a few things that you need to keep in mind. Firstly, the face value of the share will always remain at `10. Secondly, the amount of dividend that you receive annually is determined by the current market rate of the share. Lastly, you will have to pay taxes on the dividend amount that you receive.

Hope this helps!

whitesnake

The face value of LIC share is Rs. 10. LIC stands for Life Insurance Corporation of India, which is the largest insurance company in India. Its shares have been traded in the stock exchange since 1992. LIC's Shares are also included in the Nifty50 index, which is composed of the 50 largest stocks traded in the Indian stock markets. The face value of an LIC share is 10 rupees, and it traded at around 300 rupees in the NSE (National Stock Exchange) as of August 2020.