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SBI Life Insurance Company Ltd Rises for Third Straight Session

SBI Life Insurance Company is one of India's leading life Insurance companies.

On National Stock Exchange, SBI Life Insurance Company Ltd is quoting at Rs 1,295, up 2.04%. The stock is up 5.36% in the last year compared to a 0.53% jump in Nifty and a 1.46% jump in the Nifty Energy index.

On 09 January 2023, SBI Life Insurance Company Ltd rose for a third straight session. The stock is quoted at Rs 1,295, up 2.04%. The benchmark Nifty is up around 1.34% on the day, quoting at 18,099.45. The Sensex is at 60,771.32, up 1.45%. SBI Life Insurance Company Ltd gained about 2.52% in December 2022.

Meanwhile, the Nifty Energy index, of which SBI Life Insurance Company Ltd is a constituent, has gained around 2.9% in 2022. The volume in the stock stood at 6.5 lakh shares on Monday compared to the daily average of 9.14 lakh shares in the previous month.

The stock’s benchmark in the January futures contract is Rs 1,299.6, up 1.81% on the day. SBI Life Insurance Company Ltd is up 5.36% in 2022 compared to a 0.53% jump in Nifty and a 1.46% jump in the Nifty Energy index.

As on September 2022, the PE of the stock is 75.88 based on TTM earnings.

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