Kotak Securities has buy call on SBI Life Insurance Company with a target price of Rs 1200.The current market price of SBI Life Insurance Company is Rs 1175.5. Kotak Securities recommended to keep stop loss at Rs 1149.
SBI Life Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 117510.05 Crore) operating in Financial Services sector.
SBI Life Insurance Company key Products/Revenue Segments include Premiums Earned and Other Operating Revenue for the year ending 31-Mar-2022.
For the quarter ended 31-03-2023, the company has reported a Standalone Total Income of Rs 21310.74 Crore, down -20.57 % from last quarter Total Income of Rs 26829.77 Crore and down -1.64 % from last year same quarter Total Income of Rs 21666.15 Crore. Company has reported net profit after tax of Rs 776.85 Crore in latest quarter.
The company’s top management includes Mr.Dinesh Kumar Khara, Mr.Mahesh Kumar Sharma, Ms.Usha Sangwan, Dr.Tejendra Mohan Bhasin, Mr.Narayan K Seshadri, Mr.Deepak Amin, Mr.Shobinder Duggal, Mr.Ashwini Kumar Tewari. Company has R Devendra Kumar & Associates as its auditors. As on 31-03-2023, the company has a total of 100 Crore shares outstanding.