SBI Life Insurance Company soras on reporting 36% rise in Q1 net profit
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SBI Life Insurance Company is currently trading at Rs. 1680.00, up by 45.90 points or 2.81% from its previous closing of Rs. 1634.10 on the BSE.
The scrip opened at Rs. 1649.45 and has touched a high and low of Rs. 1683.80 and Rs. 1648.45 respectively. So far 11914 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,683.80 on 25-Jul-2024 and a 52 week low of Rs. 1251.30 on 03-Aug-2023.
Last one week high and low of the scrip stood at Rs. 1683.80 and Rs. 1579.65 respectively. The current market cap of the company is Rs. 163667.67 crore.
The promoters holding in the company stood at 55.41%, while Institutions and Non-Institutions held 40.60% and 3.99% respectively.
SBI Life Insurance Company has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 36.34% rise in its net profit at Rs 519.52 crore for the quarter under review as compared to Rs 381.04 crore for the same quarter in the previous year. Net premium income of the company increased by 15.27% at Rs 15105.48 crore for Q1FY25 as compared Rs 13104.49 crore for the corresponding quarter previous year.
SBI Life Insurance Company is carrying on business of life insurance and annuity.
