NEW DELHI: Shares of
SBI Life Insurance Company Ltd. traded 0.15 per cent up in Thursday's trade at 11:22AM (IST). Around 13,806 shares changed hands on the counter.
The counter opened at Rs 759.95 and touched an intraday high and low of Rs 770.45 and Rs 750.65, respectively, in the session so far. The stock of SBI Life Insurance Company Ltd. quoted a 52-week high of Rs 1030.0 and a 52-week low of Rs 520.0.
Total market cap of the SBI Life Insurance Company Ltd. stood at Rs 76132.0 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 920.92 crore for the quarter ended 31-Mar-2020, up 240.15 per cent from previous quarter's Rs 270.74 crore and up 104.16 per cent from the year-ago quarter's Rs 451.07 crore.
The net profit for latest quarter stood at Rs 530.67 crore, up 15.95 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 4.45 per cent stake in the company, while foreign institutional investors held 25.87 per cent and the promoters 57.6 per cent.
Valuation ratio
According to
BSE data, the stock traded at a price-to-earnings multiple of 53.53 and a price-to-book ratio of 10.05. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
SBI Life Insurance Company Ltd. belongs to the Insurance - Life industry.