AgenciesRelated
Chandan Taparia of Motilal Oswal Securities has sell call on SBI Life Insurance Company Ltd. with a target price of Rs 1020. The current market price of SBI Life Insurance Company Ltd. is Rs 1054.25. Time period given by analyst is Intra Day 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 105449.87 Crore) operating in Financial Services sector.
SBI Life Insurance Company Ltd. key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent and Profit/Loss on Sale/Redemption of Investments for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Standalone Total Income of Rs 391.52 Crore, up 4.01 % from last quarter Total Income of Rs 376.41 Crore and up 61.95 % from last year same quarter Total Income of Rs 241.76 Crore. Company reported net profit after tax of Rs 364.06 Crore in latest quarter.
Investment Rationale
Stock has been making lower lows from the last five weeks and broke its support zones
Promoter/FII Holdings
Promoters held 55.69 per cent stake in the company as of 31-Dec-2021, while FIIs owned 24.47 per cent, DIIs 12.01 per cent.
SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 105449.87 Crore) operating in Financial Services sector.
SBI Life Insurance Company Ltd. key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent and Profit/Loss on Sale/Redemption of Investments for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Standalone Total Income of Rs 391.52 Crore, up 4.01 % from last quarter Total Income of Rs 376.41 Crore and up 61.95 % from last year same quarter Total Income of Rs 241.76 Crore. Company reported net profit after tax of Rs 364.06 Crore in latest quarter.
Investment Rationale
Stock has been making lower lows from the last five weeks and broke its support zones
Promoter/FII Holdings
Promoters held 55.69 per cent stake in the company as of 31-Dec-2021, while FIIs owned 24.47 per cent, DIIs 12.01 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead More News on
(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.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by