SBI Life Insurance Company Ltd.

BSE: 540719 | NSE: SBILIFE
Large Cap | Insurance
2069.70
-13.35 (-0.64%)
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SBI Life Insurance falls despite reporting 13% rise in Q4 net profit

Date: 27-04-2018

SBI Life Insurance Company is currently trading at Rs. 757.00, down by 5.35 points or 0.70% from its previous closing of Rs. 762.35 on the BSE.

The scrip opened at Rs. 759.95 and has touched a high and low of Rs. 774.75 and Rs. 742.80 respectively. So far 33087 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 774.75 on 27-Apr-2018 and a 52 week low of Rs. 628.50 on 08-Nov-2017.

Last one week high and low of the scrip stood at Rs. 774.75 and Rs. 711.25 respectively. The current market cap of the company is Rs. 75695.00 crore.

The promoters holding in the company stood at 84.10%, while Institutions and Non-Institutions held 8.85% and 7.05% respectively.

The company has reported rise of 13.44% in its net profit after tax at Rs 381.21 crore for the quarter ended March 31, 2018, as compared to Rs 336.05 crore for the same quarter in the previous year. Net premium income of company increased by 25.74% at Rs 9,236.70 crore for the quarter under review as compared Rs 7,346.05 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 20.50% in its net profit after tax at Rs 1,150.38 crore as compared to Rs 954.65 crore for the same period in the previous year. Net premium income of company increased 20.66% at Rs 25,160.07 crore for year under review as compared to Rs 20,852.45 crore for the period ended March 31, 2017.