SBI Life Insurance Company Ltd share Price

SBI Life Insurance, established in 2000, provides life insurance services to more than a million customers. The organisation has a diversified product range, including family and individual plans. It also provides protection, pension, and health services. The company has 990 offices around India with more than 20,000 employees. SBI Life Insurance is a large-cap company and has its registered and corporate office in Mumbai, Maharashtra.

On 10 February 2023, the market capitalisation of the company was Rs 1,18,403 crore. It reported a total income of Rs 26,829.77 crore at the end of December 2022. The company is listed on the Bombay Stock Exchange with the code 540719 and on the National Stock Exchange (NSE) with the code SBILIFE. 

Dinesh Kumar Khara is the chairman of the company. Mahesh Kumar Sharma, Ashwini Kumar Tewari, Deepak Amin, Narayan K Seshadri, and Shobinder Duggal are some of the other directors, and Sangramjit Sarangi is the chief financial officer of the company. S K Patodia & Associates, S C Bapna & Associates, and R Devendra Kumar & Associates are its auditors.

On 10 February 2023, SBI Life Insurance Company’s share price on Rs 1,183.05 on BSE and Rs 1,183.35 on the NSE. The share price touched a 52-week high of Rs 1,340.35 and a 52-week low of Rs 1,003.50. Its three-month return to investors was -4.46%%, while its one-month return was -9.17%.

The promoters of SBI Life Insurance have a stake of 55.45% in the company, while non-institutional investors have a stake of 4.53%. Domestic institutional investors and foreign institutional investors have a consolidated stake of 40% in the company. 

The company reported consolidated sales of Rs 82,985.43 for the quarter ended March 2022. The operating profit of the company for the quarter ended March 2022 was 729.51. For the quarter ended 31 December 2023, the company reported a standard total income of Rs 20,681 crore. This figure is up 29.4% from the same period last year but down 3.24% from the previous quarter. 

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