SBI Life Insurance Company Ltd share Price Today

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. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

SBI Life Insurance Company share price as on 19 Apr 2024 is Rs. 1447.55. Over the past 6 months, the SBI Life Insurance Company share price has increased by 6.72% and in the last one year, it has increased by 26.36%. The 52-week low for SBI Life Insurance Company share price was Rs. 1090.6 and 52-week high was Rs. 1569.4.