IGI Logo

SBI Life Insurance Company is currently trading at Rs. 1431.40, up by 8.15 points or 0.57% from its previous closing of Rs. 1423.25 on the BSE.

The scrip opened at Rs. 1433.50 and has touched a high and low of Rs. 1435.30 and Rs. 1423.80 respectively. So far 8683 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1571.55 on 29-Feb-2024 and a 52 week low of Rs. 1130.20 on 04-May-2023.

Last one week high and low of the scrip stood at Rs. 1476.15 and Rs. 1413.00 respectively. The current market cap of the company is Rs. 143229.59 crore.

The promoters holding in the company stood at 55.42%, while Institutions and Non-Institutions held 40.57% and 4.01% respectively.

SBI Life Insurance Company has reported 4.37% rise in its net profit at Rs 810.80 crore for fourth quarter ended March 31, 2024 as compared to Rs 776.85 crore for the same quarter in the previous year. Net premium income of the company increased by 26.23% at Rs 25,116.47 crore for Q4FY24 as compared Rs 19,896.92 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 10.07% rise in its net profit at Rs 1,893.78 crore as compared to Rs 1,720.57 crore for the previous year. Net premium income of the company increased by 21.04% at Rs 80,587.10 crore for year under review as compared to Rs 66,581.00 crore for year ended March 31, 2023.