SBI Life Insurance Company is trading at RS. 1844.00, up by 12.05 points or 0.66% from its previous close of RS. 1831.95 on the BSE.
The stock opened at RS. 1827.00 and has touched an intraday high of RS. 1840.00 and a low of RS. 1819.25. So far, 23,210 shares have been traded on the counter.
A BSE group 'A' stock with a face value of RS. 10, SBI Life has recorded a 52-week high of RS. 1935.00 on September 3, 2024, and a 52-week low of RS. 1373.15 on February 1, 2025. Over the past week, the scrip's high and low stood at RS. 1857.10 and RS. 1782.00, respectively. The company's current market capitalization is RS. 184197.09 crore.
The promoter holding in the company stands at 55.37%, while institutional and non-institutional investors hold 40.58% and 4.05%, respectively.
In a major development, SBI Life has entered into a strategic corporate agency partnership with AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank. The partnership aims to strengthen insurance penetration by supporting the Government’s 'Insurance for All by 2047' initiative, especially targeting underserved and emerging markets across the country.
As part of this alliance, AU SFB will offer SBI Life’s broad range of life insurance products—including protection, savings, investments, child plans, money-back schemes, and retirement solutions—through its extensive network of over 2,505 banking touchpoints in 21 states and 4 union territories. The collaboration aims to deliver a seamless banking and insurance experience for customers seeking financial security and long-term planning options.
SBI Life Insurance Company is engaged in the business of life insurance and annuity services.