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As SBI Life Insurance falls after results, should investors buy, sell or hold stock?

It reported a 26 percent year on year rise in net profit at Rs 672.15 crore for March quarter. Total income rose marginally by 2.5 percent to Rs 21,427.88 crore. Net premium income increased 12 percent to Rs 17,433.77 crore.

April 29, 2022 / 10:25 AM IST
SBI Life Insurance Company

SBI Life Insurance Company

SBI Life Insurance Company share price fell over four percent intraday on April 29 a day after the firm came out with March quarter earnings.

It reported a 26 percent year on year rise in net profit at Rs 672.15 crore.

Total income rose marginally by 2.5 percent to Rs 21,427.88 crore. Net premium income increased 12 percent to Rs 17,433.77 crore.

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