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SBI Life Insurance gains on signing corporate agency agreement with Repco Home Finance

SBI Life Insurance Company is currently trading at Rs. 794.65, up by 3.30 points or 0.42% from its previous closing of Rs. 791.35 on the BSE.

The scrip opened at Rs. 790.00 and has touched a high and low of Rs. 804.00 and Rs. 787.55 respectively. So far 26747 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 862.40 on 20-Aug-2019 and a 52 week low of Rs. 487.00 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 825.00 and Rs. 787.55 respectively. The current market cap of the company is Rs. 79550.00 crore.

The promoters holding in the company stood at 67.30%, while Institutions and Non-Institutions held 25.56% and 7.13% respectively.

SBI Life Insurance has signed a corporate agency agreement with city-based Repco Home Finance (RHFL) to offer the company’s range of products to RHFL customers. According to the agreement, the partnership would see over 148 branches and 27 satellite centres of RHFL spread across the country to offer SBI Life Insurance products to its customers.

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