Sbi Life Share Price Target 2024, 2025, 2030, 2040, 2050
SBI Life Insurance Company Limited is an Indian company that offers a number of life insurance plans. It was started in October 2000 and registered with the Insurance Regulatory and Development Authority of India in March 2001.
As part of the SBI group, it is the company’s base customer. The company works hard to make insurance available to everyone in India.
What is Sbi Life Insurance Company Ltd NSE: SBILIFE?
Contents
- 1 What is Sbi Life Insurance Company Ltd NSE: SBILIFE?
- 2 Sbi Life Share Price Target Tomorrow
- 3 Sbi Life Share Price Target 2024
- 4 Sbi Life Share Price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2040
- 7 Share Price Target 2050
- 8 Should I Buy Sbi Life Stock?
- 9 Sbi Life Insurance Company Ltd Earning Results
- 10 Is Sbi Life Stock Good to Buy? (Bull case & Bear case)
- 11 Conclusion
- 12 FAQs
SBI Life Insurance Company Limited is a part of the SBI which mainly offers live insurance. The company helps millions of families across India, offering different types of insurance products, including Savings, Protection, Pension, and Health plans for both individuals and groups. Many different types of insurance are provided by the company including Health plans for both individuals and groups, Pensions, Savings and more. They have a market capital of Rs. 20 billion and a paid-up capital of Rs. 10 billion.
The stock was at its all-time high price on 3rd September 2024 at ₹1890, and after that, it dropped to its previous support at ₹1814 and consolidated till now, currently, the price is trading near the support and is expected to touch its resistance after the reaction. So for tomorrow, it looks to give you a positive trend.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2024 | -54 | +69 |
It is a top private life insurance provider in India, supported by the State Bank of India. The company offers a variety of products and services, including individual and group life insurance, different types of pension plans, accident and disability insurance, health insurance, and micro insurance. They also provide unit-linked and variable insurance products. SBI Life has a large distribution network that includes individual agents, brokers, corporate agents, banking partners, and insurance facilitators, making it easy to reach many customers. Currently, its stock is at its all-time high price and is expected to rise more at the end of the year and we can expect its share price target of ₹2310 in 2024.
In 2024, its price would be between ₹1350 to ₹2310 according to technical analysis and people’s sentiments.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2024 | 1350 | 2310 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1350 | 1490 |
February | 1390 | 1560 |
March | 1450 | 1566 |
April | 1410 | 1518 |
May | 1370 | 1471 |
June | 1300 | 1500 |
July | 1457 | 1780 |
August | 1660 | 1873 |
September | 1800 | 1940 |
October | 1750 | 2104 |
November | 2089 | 2227 |
December | 2198 | 2310 |
The company’s solid network gives the company confidence that it will quickly gain new customers. Because people trust SBI, it’s easier for it to sell its insurance plans. The company is also known for offering new, easy-to-understand insurance plans that meet customer needs, which attract clients. They plan to reach more markets, especially in rural areas, it is increasing its management team and working with new agents and brokers. This will help them attract more clients. By the year 2025, its price target would be ₹2611.
As per the experts, its price would be between ₹2300 to ₹2611 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 2300 | 2611 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2300 | 2347 |
February | 2338 | 2358 |
March | 2368 | 2386 |
April | 2370 | 2410 |
May | 2391 | 2453 |
June | 2411 | 2478 |
July | 2447 | 2491 |
August | 2468 | 2510 |
September | 2483 | 2545 |
October | 2507 | 2576 |
November | 2537 | 2590 |
December | 2576 | 2611 |
The company is focusing more on digital changes to grow its insurance business faster. The company is using machine learning and artificial intelligence to improve its online services, which helps attract new customers regularly. As the company continues to invest in technology, we can expect to see a lot more new customers in the coming years. This focus on innovation will likely help the company grow and connect better with its clients. So in the year 2030, its price would be ₹3511 as per our analysis.
In the year 2030, its price would be between ₹3117 to ₹3511.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 3117 | 3511 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3117 | 3168 |
February | 3138 | 3157 |
March | 3160 | 3188 |
April | 3155 | 3214 |
May | 3190 | 3312 |
June | 3228 | 3367 |
July | 3284 | 3393 |
August | 3300 | 3416 |
September | 3376 | 3428 |
October | 3397 | 3458 |
November | 3426 | 3478 |
December | 3490 | 3511 |
When you look at the insurance industry as a whole, there is a lot of room to grow. In India, fewer people have insurance compared to other countries. However, as more people become aware of insurance, companies are likely to get benefits. The government is also promoting different insurance products through new ads to help the industry grow, which is raising public awareness. So as per long term view this company probably grow more. In 2040, its stock price target would be ₹9122.
By 2040, its price would be between ₹8000 to ₹9122 as per the expert’s comments.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 8000 | 9122 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 8000 | 8128 |
February | 8057 | 8207 |
March | 8125 | 8268 |
April | 8198 | 8345 |
May | 8259 | 8400 |
June | 8360 | 8468 |
July | 8390 | 8529 |
August | 8501 | 8588 |
September | 8523 | 8689 |
October | 8591 | 8850 |
November | 8780 | 8911 |
December | 8878 | 9122 |
If you look at its past then it has many ups and downs. In some past years, it made much profit but it couldn’t handle the expenses properly resulting in losses. But as time passed its management team got stronger, and they got the overall idea from their experience. At the current time, the company showing good profits and having very less debt. At present time people are aware of insurance plans and this company is expected to rise in future. In the year 2050, its share price target would be ₹17122 as per our expert team.
In the year 2050, its stock price probably be between ₹15571 to ₹17122.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 15571 | 17122 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 15571 | 15653 |
February | 15621 | 15712 |
March | 15700 | 15925 |
April | 15870 | 16102 |
May | 15978 | 16254 |
June | 16080 | 16312 |
July | 16212 | 16458 |
August | 16321 | 16782 |
September | 16511 | 16810 |
October | 16580 | 16920 |
November | 16741 | 17010 |
December | 16960 | 17122 |
Should I Buy Sbi Life Stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2024 | 1350 | 2310 |
2025 | 2300 | 2611 |
2030 | 3117 | 3511 |
2040 | 8000 | 9122 |
2050 | 15571 | 17122 |
The company is very stable financially, since its past it generates profit every year. The management believes that this growth will keep going in the future. Also, the company has no debt, which is very good for its future growth. The company also has a growing cash reserve, which gives it the flexibility to expand when needed. It’s clear that SBI Life wants to make the most of the growth in India’s insurance market soon.
Sbi Life Insurance Company Ltd Earning Results
Mcap Full | 1,81,693.90 |
TTQ (Lakh) | 0.13 |
Face Value | 10.00 |
ROE | – |
CEPS (TTM) | – |
EPS (TTM) | – |
Operating Margin | 2.34% |
Profit Margin | 1.43% |
Earnings Growth (YOY Quarterly) | +4.39% |
Revenue (TTM) | 1,31,999.05 Crore |
Net Income (TTM) | +1,893.78 Crore |
Beta | 0.59 |
Is Sbi Life Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- The company has shown continuous growth in revenue and profits over the years.
- The company has no debt, allowing it to invest in growth without worrying about paying back loans.
- The insurance market in India is expanding quickly, and SBI Life is in a good position to benefit from this growth.
- This company is a well-known brand, which can help attract new customers and keep existing ones.
- The company is building up its cash, giving it the ability to invest in new opportunities in the future.
- It is improving its online business and expanding its reach, making it easier for customers to access its services.
Bear Case:
- The insurance industry is very competitive, with many companies trying to get more customers.
- Being part of the State Bank of India group means its performance can be influenced by the overall health of the bank.
- Like any investment, there is a risk of losing money, and just because a stock has done well in the past doesn’t mean it will continue to do so.
Conclusion
In this article, we have discussed the SBI Life Company. We have explained about the company’s work, its financial condition, its stock condition and the future of the company. If any individual wants to invest in this stock then this article can clear all doubt as we have mentioned many points by which you can decide your decision.