Brokerage radar: Nomura on SBI Life
29 Jan, 2024 11:06 IST|Sakshi Post
Nomura on SBI Life
Good performance amid tough environment
Maintain Buy with increased TP of Rs.1,700
SBI Life has maintained its leadership position among private players, with market share of 15%
Well-entrenched for growth in FY25, given significant cross-sell opportunities for SBI customers
Solvency ratio of 209% is also comfortable
See the company’s APE/VNB to grow at 15%/13% CAGRs for FY23-26e
User Rating:
Rate the movie:
(0/5)
