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State-owned Life Insurance Corporation (LIC) has seen its shares surge, outperforming rivals like HDFC Life and ICICI Prudential Life. LIC's strategic investments in India's growth sectors, such as infrastructure, have paid off handsomely.

LIC Stock Price Performance Over Past Year Over the past year, LIC's stock price has soared nearly 79 per cent, climbing from Rs 620 on July 18, 2023, to Rs 1,109.15 as of Tuesday, according to stock exchange data. HDFC Life Share PriceIn comparison, HDFC Life has struggled, posting a negative return. Its stock price dropped from Rs 666.55 a year ago to Rs 646.55 on Tuesday. ICICI Prudential Life Insurance Share PriceICICI Prudential Life Insurance Co, on the other hand, delivered a modest return of 12 per cent, with its stock price rising from Rs 582 on July 18, 2023, to Rs 654.10 on July 16, 2024. SBI Life Insurance Share PriceSBI Life Insurance also performed well, with its shares rising from Rs 1,314 to Rs 1,621.20 over the past year, delivering a 23 per cent return.

SBI Share PriceSBI, benefiting from its higher exposure to the infrastructure sector, saw its stock gain 48 per cent, increasing from Rs 592 to Rs 880.95 on Tuesday. Other Bank Share PriceIn contrast, private sector banks like HDFC Bank, Kotak Mahindra Bank, ICICI Bank, and Axis Bank experienced gains ranging from -3 per cent to 24 per cent.

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