1815.3000 4.90 (0.27%)
NSE Oct 13, 2025 15:31 PM
Volume: 409.8K
 

1815.30
0.27%
ICICI Securities Limited
SBI Life Insurance Company (SBI Life) reported strong 9MFY23 performance with APE growth of 20% YoY, VNB growth of 44% YoY and VNB margin at 29.6% YoY. While there has been a sequential decline of 400bps in Q3FY23 margin due to increase in ULIP mix, we expect the overall business momentum to continue and result in a healthy core RoEV of more than 20% in FY23E/FY24E.
SBI Life Insurance Company Ltd. is trading above its 200 day SMA of 1671.2
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