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    Buy SBI Life Insurance Company, target price Rs 1360: Emkay Global

    Synopsis

    SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 108995.52 Crore) operating in Financial Services sector.

    Buy SBI LifeAgencies
    Promoters held 55.45 per cent stake in the company as of 31-Dec-2022, while FIIs owned 25.09 per cent, DIIs 14.93 per cent.
    Emkay Global has buy call on SBI Life Insurance Company with a target price of Rs 1360. The current market price of SBI Life Insurance Company is Rs 1090.6.

    SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 108995.52 Crore) operating in Financial Services sector.

    SBI Life Insurance Company Ltd. key Products/Revenue Segments include Premiums Earned and Other Operating Revenue for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 31-12-2022, the company reported a Standalone Total Income of Rs 26829.77 Crore, down -3.24 % from last quarter Total Income of Rs 27728.46 Crore and up 29.73 % from last year same quarter Total Income of Rs 20681.58 Crore. Company reported net profit after tax of Rs 304.13 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 55.45 per cent stake in the company as of 31-Dec-2022, while FIIs owned 25.09 per cent, DIIs 14.93 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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