SBI Optimal Equity and Emergent AIFs buy shares from promoter Neha Bansal at ₹402 apiece, joining Radhakishan Damani among investors betting on eyewear retailer's upcoming listing
At 10 AM, SBI Life share price continued to trade in the northward direction, up 3.37 per cent at ₹1,902.60 per share. By comparison, BSE Sensex was trading 0.57 per cent higher at 84,695.60 levels.
This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place
The confusion whether the likely 5 per cent GST rate on insurance premiums will make the policies cheaper or not has worried investors
TVS Motors stock has broken out of a consolidation zone on the daily chart with a strong bodied bullish candle and higher than average traded volumes.
However, private insurers reported premium growth, indicating a mix of higher-value policies
Stocks to buy today: Motilal Oswal's Chandan Taparia decodes how to trade Nifty, Bank Nifty; recommends three stocks to buy today
Stocks to Buy Today, May 29: Canara Bank share price, Hudco share price, and SBI Life share price have given fresh break out on charts and are poised for upside
Technical chart suggests that near-term bias for SBI Life is likely to remain upbeat as long as the stock trades above ₹1,663 levels; check target price, key resistance levels here
SBI Life share price: In its fourth quarter ended March 31, 2025, SBI Life reported a net profit of ₹813.51 crore as compared to ₹810.8 crore in the year-ago period
The net premium income of the life insurer slipped by 5 per cent year-on-year (Y-o-Y) to ₹23,860.71 crore in the reporting quarter
SBI Life's net premium income fell about 5% to Rs 23,861 crore as single premiums dropped nearly 73% while first-year premiums rose about 7%
The insurer's standalone profit more than doubled to 3.86 billion rupees ($45 million) for the quarter ended March 31. Its quarterly net premium income grew 11% to 16.37 billion rupees
At the current market price, SBI Life Insurance Company has a dividend yield of 1.8 per cent
The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25, compared to 27.4 per cent in the corresponding period a year ago.
Reliance has formed a triple bottom pattern near the Rs 1230 zone, accompanied by bullish divergence on the RSI daily chart, signalling a potential trend reversal
The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25
According to the latest data, HDFC Life distributes 65 per cent of its insurance policies through banking channels, followed by SBI Life (60 per cent), Max Life (52 per cent), and ICICI Prudential
In rupee terms, SBI's gross advances in its international book grew by 11.56 per cent year-on-year (Y-o-Y) to Rs 5.88 trillion
Following the company's Q2 earnings, SBI Life Insurance managing director and chief executive officer (MD&CEO) Amit Jhingran spoke on the road ahead for the company