SBI Life Insurance shares soared 9.5% in early trade, leading Nifty 50 gainers, trading at ₹1,707 on the NSE by 9:30 AM on April 25, 2025.
The stock hit a high of ₹1,762 after a marginal net profit rise to ₹813.51 crore in Q4 FY25, despite a 5% drop in net premium income to ₹23,860.71 crore.
APE grew 9% YoY to ₹21,420 crore, and VNB rose 7% to ₹5,950 crore.
Analysts from Nuvama, Nomura, and Motilal Oswal maintained a buy rating, with target prices between ₹1,800 and ₹2,000, citing strong VNB and growth potential.
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