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SBI Life Insurance Company Ltd stays slippery

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Capital Market

SBI Life Insurance Company Ltd is quoting at Rs 785.1, down 0.83% on the day as on 13:29 IST on the NSE. The stock tumbled 5.26% in last one year as compared to a 5.13% rally in NIFTY and a 10.19% fall in the Nifty Financial Services index.

SBI Life Insurance Company Ltd fell for a fifth straight session today. The stock is quoting at Rs 785.1, down 0.83% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 11923.35. The Sensex is at 40559.17, down 0.09%.SBI Life Insurance Company Ltd has eased around 8.4% in last one month.Meanwhile, Nifty Financial Services index of which SBI Life Insurance Company Ltd is a constituent, has increased around 6.54% in last one month and is currently quoting at 11589.9, down 0.88% on the day. The volume in the stock stood at 7.3 lakh shares today, compared to the daily average of 17.61 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 787, down 0.68% on the day. SBI Life Insurance Company Ltd tumbled 5.26% in last one year as compared to a 5.13% rally in NIFTY and a 10.19% fall in the Nifty Financial Services index.

The PE of the stock is 54.93 based on TTM earnings ending June 20.

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First Published: Oct 13 2020 | 1:35 PM IST

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