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    Buy SBI Life, target price Rs 1150: Motilal Oswal

    Synopsis

    SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 98336.97 Crore) operating in Financial Services sector.

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    Promoters held 60.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 25.8 per cent, DIIs 7.1 per cent and public and others 6.5 per cent.
    Motilal Oswal has buy call on SBI Life Insurance Company with a target price of Rs 1150. The current market price of is Rs 965.1. Time period given by analyst is one year when SBI Life Insurance Company Ltd. price can reach defined target.

    SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 98336.97 Crore) operating in Financial Services sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 1446.43 Crore, up 498.29 % from last quarter Total Income of Rs 241.76 Crore and up 58.68 % from last year same quarter Total Income of Rs 911.52 Crore. Company reported net profit after tax of Rs 532.38 Crore in latest quarter.

    Did you Know?

    Stock score of SBI Life Insurance Company Ltd moved down by 2 in a month.

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    Promoter/FII Holdings
    Promoters held 60.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 25.8 per cent, DIIs 7.1 per cent and public and others 6.5 per cent.
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