SBI Life Results Highlights
Net Premium Income 128.58B Rupees Vs 101.12B (YOY)
Net Profit 3B Rupees Vs 1.3B (YOY); Est 3.8B
Impact on SBI Life
The company posted good numbers but lower than street expectations.
The stock has given a sharp reversal from lower levels and formed a bullish candle on the charts. Major support around 765 and resistance around 790. Traders can buy on dips around 775 for upside gain for the day. Break and close above 790 will test 800-810 levels in upcoming sessions.
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