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Buy SBI Life Insurance Ltd For Target Rs.1,570 - Motilal Oswal Financial Services Maintains 20% growth and 28-30% VNB margin guidance * SBILIFE reported a slightly muted performance in 1QFY24. APE grew 4% YoY (in line), while VNB was flat YoY as margins contracted 290bp QoQ to 28.7%, due to product mix shifting towards ULIPs. PAT grew 45% YoY to INR3.8b (27% beat). * In terms of NBP, annuity saw a healthy growth of 102% YoY, while Non-Par savings declined 28% YoY in 1QFY24. Protection/ULIP segment saw modest growth of 11%/10% YoY. * We slightly lower our VNB margi...
Buy SBI Life Insurance Ltd For Target Rs.1,570 - Motilal Oswal Financial Services
Buy SBI Life Insurance Ltd For Target Rs.1,570 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
8/09/2023 3:00:52 PM
Stock of the day : Buy SBI Life Insurance Ltd For Target Rs.1425 - Religare Broking SBI Life Insurance Ltd * SBILIFE has been inching gradually higher and trading in a rising channel for the last more than one and half year. * It has rebound higher from its short term moving average .i.e. 10 EMA on the weekly chart. * Registered a breakout from small base with noticeable volumes and looks set to test upper end of the channel. * We thus advise creating fresh longs in the mentioned zone. Buy SBI Life Insurance Ltd CMP 1343.60; Range 1340-1345; SL 1...
Stock of the day : Buy SBI Life Insurance Ltd For Target Rs.1425 - Religare Broking
Stock of the day : Buy SBI Life Insurance Ltd For Target Rs.1425 - Religare Broking
Source: Religare Broking
8/09/2023 11:15:21 AM
FII selling streak caps Nifty upside Domestic equities held on to their positive stance despite mixed global cues. Nifty opened higher and remained in positive territory throughout the session to close with marginal gains of 81 points at 19598 levels, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Majority of the sectors ended in green with buying seen in IT & Pharma. Markets are likely to trade in a range ahead of RBI policy this week, he said. FIIs continued their selling streak for...
FII selling streak caps Nifty upside
FII selling streak caps Nifty upside
Source: IANS
8/08/2023 9:44:08 AM
Buy SBI Life Insurance Company For Target Rs.1650 - ICICI Securities Valuation attractive basis VNB growth/RoEV proposition SBI Life’s VNB decline of 1% YoY in Q1FY24 was driven by lower APE growth (4% YoY) and 153bps decline in VNB margin (Q1FY24 margin stood at 27.8%). The muted show is attributable to a combination of base effect and relative change in product mix, as per the management. While the management has maintained a volume growth/margin guidance of 20%/28-30%, we remain structurally positive on its distribution strength (parent bank APE gr...
Buy SBI Life Insurance Company For Target Rs.1650 - ICICI Securities
Buy SBI Life Insurance Company For Target Rs.1650 - ICICI Securities
Source: ICICI Securities
2/08/2023 12:12:20 PM
Buy SBI Life Insurance Ltd For Target Rs.1,644 - Religare Broking Ltd Healthy premium growth: SBI Life’s Q1FY24 gross premium income (GWP) increased by 19% YoY to Rs 135.6bn driven by renewal premium (RP) growth of 28% YoY and new business premium (NBP) growth of 11% YoY despite strong previous year growth. Annualized premium equivalent (APE) growth was moderate at 4% YoY as individual rated premium (IRP) remained muted with growth of 3% YoY. Growth in ULIP segment: The ULIP segment displayed healthy growth in Q1FY24 after the decline in the previous q...
Buy SBI Life Insurance Ltd For Target Rs.1,644 - Religare Broking Ltd
Buy SBI Life Insurance Ltd For Target Rs.1,644 - Religare Broking Ltd
Source: Religare Broking Ltd
29/07/2023 10:54:38 AM
Buy SBI Life Insurance Ltd For Target Rs.1,644 - Religare Broking Ltd Healthy premium growth: SBI Life’s Q1FY24 gross premium income (GWP) increased by 19% YoY to Rs 135.6bn driven by renewal premium (RP) growth of 28% YoY and new business premium (NBP) growth of 11% YoY despite strong previous year growth. Annualized premium equivalent (APE) growth was moderate at 4% YoY as individual rated premium (IRP) remained muted with growth of 3% YoY. Growth in ULIP segment: The ULIP segment displayed healthy growth in Q1FY24 after the decline in the previous q...
Buy SBI Life Insurance Ltd For Target Rs.1,644 - Religare Broking Ltd
Buy SBI Life Insurance Ltd For Target Rs.1,644 - Religare Broking Ltd
Source: Religare Broking Ltd
28/07/2023 4:26:31 PM
Buy SBI Life Insurance Ltd For Target Rs. 1,560- Emkay Global SBI Life reported a decent set of numbers in Q1FY24, with VNB of Rs8.72bn (-1% YoY; Emkay: Rs8.6bn) coming in line with our estimate, driven by slight miss on APE at Rs30.3bn (+4% YoY; Emkay: Rs30.9bn) and a minor beat on VNB margin at 28.8% (-1.4ppts YoY; Emkay: 28%). Operating assumption changes (FY23 vs FY22) partly offset the margin decline on account of the 9ppt YoY sharp decline in non-par savings in the product mix and the YoY decline in interest rates. Overall, Company continues to ke...
Buy SBI Life Insurance Ltd For Target Rs. 1,560- Emkay Global
Buy SBI Life Insurance Ltd For Target Rs. 1,560- Emkay Global
Source: Emkay Global Financial Services
26/07/2023 2:36:32 PM
SBI Life Insurance Company falls despite reporting 45% rise in Q1 net profit SBI Life Insurance Company is currently trading at Rs. 1290.35, down by 10.15 points or 0.78% from its previous closing of Rs. 1300.50 on the BSE. The scrip opened at Rs. 1294.95 and has touched a high and low of Rs. 1297.75 and Rs. 1274.65 respectively. So far 29207 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1339.55 on 08-Sep-2022 and a 52 week low of Rs. 1039.25 on 20-Mar-2023. Last one week high and low...
SBI Life Insurance Company falls despite reporting 45% rise in Q1 net profit
SBI Life Insurance Company falls despite reporting 45% rise in Q1 net profit
Source: Accord Fintech
26/07/2023 1:40:45 PM
Buy SBI Life Insurance Ltd For Target Rs.1,570 - Motilal Oswal Financial Services Premium growth in line; VNB margin miss Maintains 20% growth and 28-30% VNB margin guidance * SBILIFE reported a slightly muted performance in 1QFY24. APE grew 4% YoY (in line), while VNB was flat YoY as margins contracted 290bp QoQ to 28.7%, due to product mix shifting towards ULIPs. PAT grew 45% YoY to INR3.8b (27% beat). * In terms of NBP, annuity saw a healthy growth of 102% YoY, while Non-Par savings declined 28% YoY in 1QFY24. Protection/ULIP segment saw modest growth of 11%/...
Buy SBI Life Insurance Ltd For Target Rs.1,570 - Motilal Oswal Financial Services
Buy SBI Life Insurance Ltd For Target Rs.1,570 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
26/07/2023 12:34:04 PM
India`s ICICI Prudential posts jump in Q1 profit on investment gains India's ICICI Prudential Life Insurance reported a 33% jump in first-quarter profit on Tuesday, as gains in securities it invested in helped offset muted premium income growth. The insurer's profit after tax rose to 2.07 billion rupees ($25.24 million) in the quarter ended June 30, from 1.56 billion rupees a year ago, it said in an exchange filing. Investment income stood at 163.27 billion rupees compared to a loss of 84.96 billion rupees a year ago, due to increase in market va...
India`s ICICI Prudential posts jump in Q1 profit on investment gains
India`s ICICI Prudential posts jump in Q1 profit on investment gains
Source: Reuters
18/07/2023 3:00:29 PM
Buy SBI Life Insurance Ltd For Target Rs.1,330 - Religare Broking Ltd Summary: SBI is largest private insurer in terms of market cap and also has the largest market share in terms of APE and VNB. It has lowest operating cost ratio amongst its peers and is constantly improving (9.9% in FY20 to 8.6% in FY22) mainly due to its operating efficiencies and low commission cost. Leveraging bank’s network: SBI Life leverages on SBI Bank as its bancassurance partner which gives it access to large customer base and also helps penetrating in underpenetrated market...
Buy SBI Life Insurance Ltd For Target Rs.1,330 - Religare Broking Ltd
Buy SBI Life Insurance Ltd For Target Rs.1,330 - Religare Broking Ltd
Source: Religare Broking Ltd
14/07/2023 2:20:21 PM
Indian Bank launches e-BG and several other new digital services Indian Bank, launched new digital services under its ongoing digital transformation initiative “Project WAVE”. These new services were launched by Shri S.L Jain, MD & CEO, at Chennai, in the presence of Executive Directors of the Bank, Shri Imran Amin Siddiqui, Shri Mahesh Kumar Bajaj and Shri Ashutosh Choudhury, along with other Senior Officials of the Bank. In collaboration with National E-Governance Services Limited (NeSL), electronic bank guarantee (e-BG) service h...
Indian Bank launches e-BG and several other new digital services
Indian Bank launches e-BG and several other new digital services
Source: PR Agency
2/07/2023 4:05:34 PM
Indian REIT Nexus Malls rises 4% in trading debut, valued at $1.9 billion India's Nexus Select Trust rose nearly 4% in their trading debut on Friday, giving the Blackstone Inc-backed retail REIT a valuation of 157.56 billion rupees ($1.93 billion). The company, better known as Nexus Malls, saw its units rise to 104 rupees, compared to the 100-rupees-a-unit price of its initial public offering (IPO), in which it raised 32 billion rupees. The IPO, the first-ever by an Indian retail REIT, comes as public floats show signs of recovery after volatile markets a...
Indian REIT Nexus Malls rises 4% in trading debut, valued at $1.9 billion
Indian REIT Nexus Malls rises 4% in trading debut, valued at $1.9 billion
Source: Reuters
19/05/2023 11:13:21 AM
Quote on Outlook for LIC completing 1 year since IPO from Gaurang Shah, Geojit Financial Services Below View on Outlook for LIC completing 1 year since IPO By Gaurang Shah, Sr. Vice President at Geojit Financial Services   We had to BUY recommendation during the IPO Subscription and after that, we have a standalone recommendation to Buy with a long term time horizon and we believe there is a huge market as far as 'Insuring the Uninsured' is concerned. This will not only create opportunities for LIC but also for the other related entities like HDFC Life, ICICI ...
Quote on Outlook for LIC completing 1 year since IPO from Gaurang Shah, Geojit Financial Services
Quote on Outlook for LIC completing 1 year since IPO from Gaurang Shah, Geojit Financial Services
Source: PR Agency
16/05/2023 1:47:06 PM
Rise in Premium amount for Life Insurance is the biggest concern for consumers - Hansa Research`s CuES 2023 Report Hansa Research has recently released its much-awaited annual syndicated report, Insurance CuES 2023, which captures interesting insights about consumers’ perceptions and experiences with life insurance brands.   The report identifies three major barriers to customers’ life insurance purchasing decisions: behavioral biases/ perceived need, economic constraints/affordability, and perceived difficulty in a purchase. Affordability has become a more press...
Rise in Premium amount for Life Insurance is the biggest concern for consumers - Hansa Research`s CuES 2023 Report
Rise in Premium amount for Life Insurance is the biggest concern for consumers - Hansa Research`s CuES 2023 Report
Source: PR Agency
9/05/2023 11:45:37 AM
Buy SBI Life Insurance Ltd For Target Rs.1,600 - Yes securities Result Highlights * VNB margin: Calculated VNB margin for 4QFY23 rose 375bps QoQ and 457bps YoY to 31.5% (on effective tax rate basis) * VNB growth: VNB de-growth/growth was at -4.6%/29.7% QoQ/YoY where the strong YoY growth was driven by margin expansion * APE growth: New business APE de-growth/growth was at -16%/10.9% QoQ/YoY driven higher YoY by growth in individual savings Par and Non-par * Expense control: Expense ratio grew 24/36bps QoQ/YoY to 9.4%, QoQ moved higher by growth of 2...
Buy SBI Life Insurance Ltd For Target Rs.1,600 - Yes securities
Buy SBI Life Insurance Ltd For Target Rs.1,600 - Yes securities
Source: Yes Securities
27/04/2023 12:11:58 PM
SBI Life Insurance and Rajasthan Royals franchise unveils a larger-than-life helmet installation at Sawai Mansingh Stadium, Jaipur Jaipur: SBI Life Insurance, one of India's most trusted private life insurance companies in India and Rajasthan Royals the cricketing franchise from the state of Rajasthan, inaugurated an enormously larger-than-life ‘helmet’ installation at SawaiMansinghStadiumthe franchise’s home ground in Jaipur. The helmet installation, measuring an impressive 15 feet in height and 18 feet in width,prominently placed right at the entrance of the stadium is avisual treat for the v...
SBI Life Insurance and Rajasthan Royals franchise unveils a larger-than-life helmet installation at Sawai Mansingh Stadium, Jaipur
SBI Life Insurance and Rajasthan Royals franchise unveils a larger-than-life helmet installation at Sawai Mansingh Stadium, Jaipur
Source: PR Agency
19/04/2023 11:58:18 AM
Buy SBI Life Ltd For Target Rs.1,600 - Religare Broking Summary: SBI is largest private insurer in terms of market cap and also has the largest market share in terms of APE and VNB. It has lowest operating cost ratio amongst its peers and is constantly improving (9.9% in FY20 to 8.6% in FY22) mainly due to its operating efficiencies and low commission cost. Leveraging bank’s network: SBI Life leverages on SBI Bank as its bancassurance partner which gives it access to large customer base and also helps penetrating in underpenetrated market...
Buy SBI Life Ltd For Target Rs.1,600 - Religare Broking
Buy SBI Life Ltd For Target Rs.1,600 - Religare Broking
Source: Religare Broking
5/04/2023 3:44:45 PM
Buy SBI Life Ltd For Target Rs.1,600 - ICICI Securities Volume leadership continues to impress; Core ROEV likely to surpass 20% SBI Life Insurance Company (SBI Life) reported strong 9MFY23 performance with APE growth of 20% YoY, VNB growth of 44% YoY and VNB margin at 29.6% YoY. While there has been a sequential decline of 400bps in Q3FY23 margin due to increase in ULIP mix, we expect the overall business momentum to continue and result in a healthy core RoEV of more than 20% in FY23E/FY24E. Distribution advantage with the parent branch network...
Buy SBI Life Ltd For Target Rs.1,600 - ICICI Securities
Buy SBI Life Ltd For Target Rs.1,600 - ICICI Securities
Source: ICICI Securities Ltd
6/03/2023 10:57:18 AM
Budget Effect: About 15% premium impact on some private life insurers  Finance Minister Nirmala Sitharaman's Budget proposals have dealt double whammy for the life insurers and it would affect the topline growth of some private players, said Emkay Global Financial Services. In a research report, Emkay Global's insurance sector analysts Avinash Singh and Mahek Shah said the Rs 5 lakh cap is likely to affect growth of about 10 per cent premium base for HDFC Life Insurance and Max Life and about 5 per cent premium base for SBI Life Insurance and IC...
Budget Effect: About 15% premium impact on some private life insurers
Budget Effect: About 15% premium impact on some private life insurers
Source: IANS
2/02/2023 2:08:39 PM
Buy SBI Life Ltd For Target Rs. 1,675- Emkay Global As good as it gets SBI Life continued to report strong performance in H1FY23 and surprised with its 31% VNB margin versus our 28.8%, driving VNB to Rs21.2bn, 8% ahead of our estimates. The slowdown in APE growth in Q2 was largely known and had a strong base effect. Going ahead, management remains confident of delivering robust growth with margins stable around current levels. We believe SBI Life is on the right track with its powerful distribution channels firing up and delivering better-t...
Buy SBI Life Ltd For Target Rs. 1,675- Emkay Global
Buy SBI Life Ltd For Target Rs. 1,675- Emkay Global
Source: Emkay Global Financial Services Ltd
28/10/2022 1:48:28 PM
Buy SBI Life Insurance Ltd For Target Rs.1,500 - Motilal Oswal Financial Services APE growth muted; VNB margin expands further to 31.6% Persistency improves across cohorts * SBI Life Insurance (SBILIFE) posted a mixed 2QFY23 with APE clocking a 1% YoY decline (5% miss). However, VNB grew 24% YoY (4% beat) led by ~640bp YoY margin expansion to 31.6%. Shareholders’ PAT grew 53% YoY to INR3.8b. * Among segments, Annuity surged 86% YoY while Non-Par savings grew 121% YoY in 2QFY23. Growth in Protection business was modest at 10% YoY; however, along with ULIP bus...
Buy SBI Life Insurance Ltd For Target Rs.1,500 - Motilal Oswal Financial Services
Buy SBI Life Insurance Ltd For Target Rs.1,500 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
26/10/2022 9:31:46 AM
SBI Life Insurance Q2 net profit jumps 52.76% at Rs 376.74 cr The company reported standalone net profit of Rs 376.74 crore for the quarter ended September 30, 2022 as compared to Rs 246.62 crore in the same period last year, registering a year-on-year growth of 52.76 per cent. Net revenue of the company rose moderately by 12.39 per cent at Rs 16,477.26 crore in July-September quarter of this fiscal as against Rs 14,660.64 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 8.74 per cent to Rs 2...
SBI Life Insurance Q2 net profit jumps 52.76% at Rs 376.74 cr
SBI Life Insurance Q2 net profit jumps 52.76% at Rs 376.74 cr
Source: Dion Global Solutions Ltd
25/10/2022 3:54:35 PM
Buy SBI Life Insurance Company For Target Rs.1640 - ICICI Securities Strong volume and margin performance; better bancassurance lending structural advantage SBI Life Insurance Company (SBI Life) has reported strong H1FY23 performance with APE growth of 21.5% YoY, VNB growth of 53% YoY and record VNB margin at 31%. The company maintains an outlook of 25% APE growth in FY23 and may register better traction than peers in key product categories like protection and non-par guaranteed. We expect this business momentum to continue and result in healthy core RoEV o...
Buy SBI Life Insurance Company For Target Rs.1640 - ICICI Securities
Buy SBI Life Insurance Company For Target Rs.1640 - ICICI Securities
Source: ICICI Securities Ltd
25/10/2022 10:42:13 AM
India`s SBI Life Insurance posts 53% jump in Q2 profit as premiums rise India's SBI Life Insurance Co reported a 53% jump in second-quarter profit on Friday, helped by a rise in premiums and as its value of new business grew. Insurance penetration has traditionally been low in India, but that is slowly changing, especially as more people rushed to buy new policies after the pandemic. Profit rose to 3.77 billion Indian rupees ($45.5 million) in the three months ended Sept. 30, from 2.47 billion rupees a year earlier, the company said in an exchange filin...
India`s SBI Life Insurance posts 53% jump in Q2 profit as premiums rise
India`s SBI Life Insurance posts 53% jump in Q2 profit as premiums rise
Source: Reuters
22/10/2022 10:53:41 AM
SBI Life Insurance Company declines on reporting 14.93% fall in new premium income in September SBI Life Insurance Company is currently trading at Rs. 1192.45, down by 20.70 points or 1.71% from its previous closing of Rs. 1213.15 on the BSE. The scrip opened at Rs. 1201.15 and has touched a high and low of Rs. 1216.00 and Rs. 1186.35 respectively. So far 12258 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1339.55 on 08-Sep-2022 and a 52 week low of Rs. 1003.60 on 08-Mar-2022. Last one week high and low...
SBI Life Insurance Company declines on reporting 14.93% fall in new premium income in September
SBI Life Insurance Company declines on reporting 14.93% fall in new premium income in September
Source: Accord Fintech
13/10/2022 3:31:08 PM
Buy SBI Life Insurance Ltd For Target Rs.1,500 - Motilal Oswal Financial Services Strong all-round performance Shift in underlying product mix resulted in a spike in VNB margin * SBILIFE reported a robust 1QFY23 with APE growth of 80% YoY (7% beat) and a sharp jump of 132% YoY in VNB (28% beat). VNB margin spiked 665bp YoY to 30.4% while shareholders’ PAT grew 18% YoY to INR2.6b. * Strong momentum in APE was reflected across all product segments. However, non-par savings stole the limelight in 1QFY23 with a massive growth of 645% YoY. It now forms 28% of bus...
Buy SBI Life Insurance Ltd For Target Rs.1,500 - Motilal Oswal Financial Services
Buy SBI Life Insurance Ltd For Target Rs.1,500 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
7/09/2022 3:40:33 PM
Buy SBI Life Insurance Ltd For Target Rs.1,675 - Yes Securities SBIL rides on guaranteed business to surprise on margin Result Highlights * VNB margin: Calculated VNB margin for 1QFY23 rose 340bps QoQ and 689bps YoY to 30.3% (on effective tax rate basis) * VNB growth: VNB de-growth/growth was at –20.7%/131.6% QoQ/YoY where the robust YoY growth is due to low base effect * APE growth: New business APE de-growth/growth was at -29.6%/79% QoQ/YoY dragged sequentially due to seasonality of business * Expense control: Expense ratio increase...
Buy SBI Life Insurance Ltd For Target Rs.1,675 - Yes Securities
Buy SBI Life Insurance Ltd For Target Rs.1,675 - Yes Securities
Source: Yes Securities Ltd
6/09/2022 3:24:38 PM
Buy SBI Life Ltd For Target Rs. 1,710- Emkay Global Topnotch performance SBILIFE reported an impressive all-round performance in Q1FY23 with both growth and margins surprising positively. In terms of overall APE growth and retail protection APE growth, SBILIFE has bucked the trend of slowdown seen at peers. Driven by the exceptionally strong growth in non-par guaranteed saving products, VNB margins grew 6.7ppts YoY to 30.4%, while APE saw 79.0% YoY growth on a favorable base (3Y CAGR: 16.0%). The solid Q1 performance underscores the strengt...
Buy SBI Life Ltd For Target Rs. 1,710- Emkay Global
Buy SBI Life Ltd For Target Rs. 1,710- Emkay Global
Source: Emkay Global Financial Services Ltd
6/09/2022 2:01:24 PM
Buy SBI Life Ltd For Target Rs. 1,710 - Emkay Global Financial Services Ltd Topnotch performance SBILIFE reported an impressive all-round performance in Q1FY23 with both growth and margins surprising positively. In terms of overall APE growth and retail protection APE growth, SBILIFE has bucked the trend of slowdown seen at peers. Driven by the exceptionally strong growth in non-par guaranteed saving products, VNB margins grew 6.7ppts YoY to 30.4%, while APE saw 79.0% YoY growth on a favorable base (3Y CAGR: 16.0%). The solid Q1 performance underscores the strengt...
Buy SBI Life Ltd For Target Rs. 1,710 - Emkay Global Financial Services Ltd
Buy SBI Life Ltd For Target Rs. 1,710 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
1/09/2022 10:15:55 AM
Buy SBI Life Insurance Co. Ltd. For The Target Rs. 1,520 - Geojit Financial Strong performance, positive outlook SBI Life Insurance Company Limited, incorporated in 2001, is a joint venture between State Bank of India and BNP Paribas. It provides individual and group insurance plans, including traditional and unit-linked plans. Its products cover life, health, annuity, pension, and variable insurance • Gross written premium (GWP) grew 35.5% YoY to Rs. 11,349cr, mainly driven by 66.9% YoY growth in new business premium and 14.6% YoY rise in renewal premium ...
Buy SBI Life Insurance Co. Ltd. For The Target Rs. 1,520 - Geojit Financial
Buy SBI Life Insurance Co. Ltd. For The Target Rs. 1,520 - Geojit Financial
Source: Geojit Financial Services Ltd
5/08/2022 10:08:26 AM
SBI Life Insurance Q1 net profit up 17.79% at Rs 262.85 cr The company reported standalone net profit of Rs 262.85 crore for the quarter ended June 30, 2022 as compared to Rs 223.16 crore in the same period last year, registering a year-on-year growth of 17.79 per cent. Net revenue of the company rose substantially by 32.76 per cent at Rs 11,036.02 crore in April-June quarter of this fiscal as against Rs 8,312.55 crore in the corresponding period last year. During April-June quarter, operating expenses dropped by 71.94 per cent to Rs 4,377.64 cror...
SBI Life Insurance Q1 net profit up 17.79% at Rs 262.85 cr
SBI Life Insurance Q1 net profit up 17.79% at Rs 262.85 cr
Source: Dion Global Solutions Ltd
29/07/2022 9:18:59 AM
Buy SBI Life Insurance Ltd For Target Rs.1190 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy SBI Life Insurance Ltd For Target Rs.1190 - Religare Broking
Buy SBI Life Insurance Ltd For Target Rs.1190 - Religare Broking
Source: Religare Broking Ltd
15/07/2022 9:56:33 AM
SBI Life Insurance inks bancassurance pact with Paschim Banga Gramin Bank SBI Life Insurance Company has inked bancassurance pact with Paschim Banga Gramin Bank. Through this partnership all the branches of Paschim Banga Gramin Bank across West Bengal offer SBI Life’s range of protection, wealth creation, credit life, annuity and savings products, thereby increasing accessibility of life insurance solutions in the region. Bancassurance is an arrangement between a bank and an insurance company, as a part of which the latter can sell its products to the lend...
SBI Life Insurance inks bancassurance pact with Paschim Banga Gramin Bank
SBI Life Insurance inks bancassurance pact with Paschim Banga Gramin Bank
Source: Accord Fintech
1/07/2022 9:35:52 AM
Buy SBI Life Insurance Ltd For Target Rs.1,580 - Yes Securities Sluggish sequential growth and flattish margin YoY both transient phenomena Result Highlights VNB margin: Calculated VNB margin for 4QFY22 rose 140bps QoQ but declined 77bps YoY to 26.9% (on effective tax rate basis) VNB growth: VNB de-growth/growth was at -5.1%/0.9% QoQ/YoY held back by weak APE growth APE growth: New business APE growth was weak at -10.0%/3.8% QoQ/YoY dragged sequentially the third wave of Covid-19 Expense control: Expense ratio increased 127/104 bps QoQ/YoY ...
Buy SBI Life Insurance Ltd For Target Rs.1,580 - Yes Securities
Buy SBI Life Insurance Ltd For Target Rs.1,580 - Yes Securities
Source: Yes Securities Ltd
30/04/2022 10:50:25 AM
Key News - Bajaj Finserv Ltd, Bank of Maharashtra, SBI Life Insurance, Vedanta Limited, Radisson Hotels, Ltd By ARETE Securities Key News Bajaj Finserv reports 34% increase in Q4 net profit at Rs 1,346 crore Bajaj Finserv Ltd on Thursday reported a 37 per cent jump in its consolidated net profit at Rs 1,346 crore for the fourth quarter ended in March 2022. The company had posted a net profit of Rs 979 crore during the corresponding period of 2020-21 The consolidated income during the March 2022 quarter increased to Rs 18,862 crore, as against Rs 15,387 crore in the corresponding period of the previous financia...
Key News - Bajaj Finserv Ltd, Bank of Maharashtra, SBI Life Insurance, Vedanta Limited, Radisson Hotels, Ltd By ARETE Securities
Key News - Bajaj Finserv Ltd, Bank of Maharashtra, SBI Life Insurance, Vedanta Limited, Radisson Hotels, Ltd By ARETE Securities
Source: ARETE Securities Ltd
29/04/2022 10:31:05 AM
Buy SBI Life Insurance For Target Rs. 1400- Monarch Networth Stock had made bottom on 8 th March and since then it has making higher bottom formation on the daily chart. It has given a breakout from the resistance zone with strong volume support on 18 th April. It has also come out from the cloud resistance and Momentum indicator Stochastics is showing strength. Recommendation is to Buy in the range of 1140-1180 keeping Stop loss at 990 level and Target at 1300- 1400 levels. Daily Chart: Buy : SBI Life Insurance  : CMP...
Buy SBI Life Insurance For Target Rs. 1400- Monarch Networth
Buy SBI Life Insurance For Target Rs. 1400- Monarch Networth
Source: Monarch Networth Capital Ltd
18/04/2022 12:35:42 PM
Weekly Tech Picks - Bharat Electronics , SBI Life Insurance, Steel Authority of India Limited, Syngene International Limited By Axis Securities Bharat Electronics • On the weekly chart, the stock has decisively broken out its past eight months “Consolidation Range” (230- 195) on a closing basis indicating strong come back of bulls • This buying momentum was observed from 20, 50 and 100 day SMA and rebounded sharply Bharat Electronics Limited Weekly Tech Picks 08 April,2022 • With current week’s high (242) the stock has registered a new 52-week high which remains a bullish signal • The...
Weekly Tech Picks - Bharat Electronics , SBI Life Insurance, Steel Authority of India Limited, Syngene International Limited By Axis Securities
Weekly Tech Picks - Bharat Electronics , SBI Life Insurance, Steel Authority of India Limited, Syngene International Limited By Axis Securities
Source: Axis Securities Ltd
11/04/2022 10:45:22 AM
Key News - Ola Cabs, Wockhardt ,SBI Life Insurance, BlackRock, Tata AIA Life Insurance By ARETE Securities Key News Ola EV fire: Centre deputes team of experts to investigate case The Centre has decided to depute a team of independent experts to investigate incidents of Ola electric scooters catching fire, CNBC-TV18 reported - quoting government sources. The government sources said: “Centre has taken note of the incidents involving fires in electric vehicles; will probe them… Deputing independent experts to investigate cases of EVs catching fire.” Russia's Gazpro...
Key News - Ola Cabs, Wockhardt ,SBI Life Insurance, BlackRock, Tata AIA Life Insurance By ARETE Securities
Key News - Ola Cabs, Wockhardt ,SBI Life Insurance, BlackRock, Tata AIA Life Insurance By ARETE Securities
Source: ARETE Securities Ltd
29/03/2022 9:24:24 AM
SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO Shares of SBI Life Insurance Company and HDFC Life Insurance Company rose sharply on reports of a possible delay in the much-awaited initial public offering (IPO) of Life Insurance Corporation of India. SBI Life shares settled 5.7 per cent higher at Rs 1,120, whereas HDFC Life 7.0 per cent up at Rs 560. In an interview with Hindu BusinessLine, Union Finance Minister Nirmala Sitharaman said if "global considerations" warrant any delay, she wouldn't mind looking at it again....
SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO
SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO
Source: IANS
3/03/2022 9:58:04 AM
Buy SBI Life Insurance Ltd For Target Rs. 1400 - ICICI Direct Healthy premium growth; outlook optimistic… About the stock: SBI Life (SBIL) is among most dominant players in the Indian life insurance industry with strong distribution network, parentage, operating metrics. * Balanced product mix with focus on opex ratio ahead of industry * Strong parentage led distribution remains key catalyst   Q3FY22 Results: Healthy business traction, outlook optimistic. * Gross premium growth healthy at 31% YoY; NBP growth at 56% YoY *...
Buy SBI Life Insurance Ltd For Target Rs. 1400 - ICICI Direct
Buy SBI Life Insurance Ltd For Target Rs. 1400 - ICICI Direct
Source: ICICI Direct
4/02/2022 10:18:58 AM
Buy SBI Life Insurance Company Ltd For Target Rs.1285 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy SBI Life Insurance Company Ltd For Target Rs.1285 - Religare Broking
Buy SBI Life Insurance Company Ltd For Target Rs.1285 - Religare Broking
Source: Religare Broking Ltd
1/02/2022 10:35:12 AM
Buy SBI Life Insurance Company Ltd For Target Rs.1,540 - ICICI Securities Business momentum remains strong with available growth volume and margin levers SBI Life reported strong Q3FY22 performance with 30%/54% YoY APE/VNB growth in Q3FY22 along with stable VNB margin of 25.7%. However, the bigger takeaway is the combination of multiple levers ahead for volume and margin improvement, which include new products, pricing and improved distribution efficiency. We expect the business momentum to continue and should result in record high core RoEV of 18% in FY22E whic...
Buy SBI Life Insurance Company Ltd For Target Rs.1,540 - ICICI Securities
Buy SBI Life Insurance Company Ltd For Target Rs.1,540 - ICICI Securities
Source: ICICI Securities Ltd
31/01/2022 9:33:15 AM
Buy SBI Life Insurance Ltd For Target Rs.1,600 - Motilal Oswal Steady quarter, APE/VNB beat our estimates Agency channel witnessing strong momentum * SBILIFE reported a strong 3QFY22, with APE growth of 31% YoY and stellar VNB growth of 54% (10% beat). VNB margin stood broadly stable QoQ at 25.6%. Shareholders’ PAT grew 56% YoY to INR3.64b (20% beat). * Among segments, ULIP saw an APE growth of 28% YoY. Non-PAR/Protection grew better than its peers at 67%/27% YoY. Persistency improved across cohorts, with 13th month persistency at 87.2% (u...
Buy SBI Life Insurance Ltd For Target Rs.1,600 - Motilal Oswal
Buy SBI Life Insurance Ltd For Target Rs.1,600 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
26/01/2022 10:42:28 AM
Buy SBI Life Insurance Ltd For Target Rs.1,768 - Yes Securities SBIL pushes guaranteed business and controls cost to sustain margin Result Highlights * VNB margin: Calculated VNB margin for 3QFY22 declined 33bps QoQ but expanded 383bps YoY to 25.5% (on effective tax rate basis) * VNB growth: VNB growth was healthy at 13.6%/53.9% QoQ/YoY driven by VNB margin expansion YoY and healthy APE growth QoQ * APE growth: New business APE growth was also healthy at 15.1%/30.9% QoQ/YoY driven sequentially by Non-par savings, ULIPs and Groups savings * ...
Buy SBI Life Insurance Ltd For Target Rs.1,768 - Yes Securities
Buy SBI Life Insurance Ltd For Target Rs.1,768 - Yes Securities
Source: Yes Securities Ltd
24/01/2022 10:36:47 AM
Buy SBI Life Insurance Company Ltd For Target Rs.1,500 - ICICI Securities Tailwinds of volume and margin levers to drive growth SBI Life reported strong Q2FY22 performance with 41% / 78% YoY APE / VNB growth in Q2FY22 along with 180bps QoQ improvement in VNB margin to 25.8%. However, the bigger takeaway is the combination of multiple levers ahead for volume and margin improvement, which include new products, pricing and improved distribution efficiency. Stress on margin improvement as a strategy, guidance on increase in nonpar mix, and launch of new protection p...
Buy SBI Life Insurance Company Ltd For Target Rs.1,500 - ICICI Securities
Buy SBI Life Insurance Company Ltd For Target Rs.1,500 - ICICI Securities
Source: ICICI Securities
28/11/2021 5:01:30 PM
Buy SBI Life Insurance Ltd For Target Rs.1360 - ICICI Direct Steady premium growth; elevated claims impact PAT About the stock: SBI Life (SBIL) is among most dominant players in the Indian life insurance industry with strong distribution network, parentage, operating metrics. * Balanced product mix with focus on opex ratio ahead of industry * Strong parentage led distribution remains key catalyst   Q2FY22 Results: Steady business traction, outlook on claims optimistic. * Gross premium growth steady at 14% YoY; NBP growth at 17% Y...
Buy SBI Life Insurance Ltd For Target Rs.1360 - ICICI Direct
Buy SBI Life Insurance Ltd For Target Rs.1360 - ICICI Direct
Source: ICICI Direct
20/11/2021 11:05:54 AM
Buy SBI Life Insurance Ltd For Target Rs.1575 - Yes Securities Nimble pricing changes aid material margin expansion Result Highlights * VNB margin: Calculated VNB margin for 2QFY22 grew by 181bps QoQ and 595bps YoY to 25.9% (on effective tax rate basis) * VNB growth: VNB growth was healthy at 164%/91% QoQ/YoY driven by both VNB margin expansion and healthy APE growth * APE growth: New business APE growth was strong at 146%/47% QoQ/YoY driven by all-round growth across most key segments * Expense control: Expense ratio declined 182 bps QoQ ...
Buy SBI Life Insurance Ltd For Target Rs.1575 - Yes Securities
Buy SBI Life Insurance Ltd For Target Rs.1575 - Yes Securities
Source: Yes Securities Ltd
29/10/2021 11:18:58 AM