SBI Life Insurance coverage shares: Purchase SBI Life Insurance coverage Firm, goal worth Rs 1570: Motilal Oswal
SBI Life Insurance coverage Firm Ltd., included within the yr 2000, is a Giant Cap firm (having a market cap of Rs 132644.47 Crore) working in Monetary Providers sector.
SBI Life Insurance coverage Firm Ltd. key Merchandise/Income Segments embody Premiums Earned and Different Working Income for the yr ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2023, the corporate reported a Standalone Complete Earnings of Rs 28816.16 Crore, up 3.27 % from final quarter Complete Earnings of Rs 27904.00 Crore and up 3.92 % from final yr similar quarter Complete Earnings of Rs 27728.46 Crore. Firm reported internet revenue after tax of Rs 380.19 Crore in newest quarter.
Promoter/FII Holdings
Promoters held 55.44 per cent stake within the firm as of 30-Sep-2023, whereas FIIs owned 26.17 per cent, DIIs 14.27 per cent.
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