360 ONE sets INR 2,380 target for SBI Life stock

Published on 10/13/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

New business rose 29.40 percent in Q1 fiscal 2027. SBI Life stock stands at INR 1,687.20 on October 13, 2026, up 0.38 percent versus INR 1,680.80.

360 ONE Capital Research set a INR 2,380 target for SBI Life on October 2, 2026.
Value of new business rose 29.40 percent year over year in the first quarter of fiscal 2027.
SBI Life stock stood at INR 1,687.20 on October 13, 2026, up 0.38 percent versus INR 1,680.80.
The stock traded at 65.07 times earnings, with market capitalization of INR 1.7 trillion.

SBI Life stock, life insurance, analyst target, valuation, NSE, BSE Sensex, Illustration mit AI erstellt.

On October 2, 2026, 360 ONE Capital Research set a target price of INR 2,380 for SBI Life and cited retail annualized premium growth, agency productivity and non-SBI bancassurance expansion. The Economic Times reported the research view. SBI Life last stood at INR 1,687.20 on the NSE on October 13, 2026 at 3:28 p.m. IST, up 0.38 percent versus the INR 1,680.80 close of October 12, 2026.

First quarter growth stays visible

Value of new business rose 29.40 percent year over year to INR 14.1 billion in the first quarter of fiscal 2027, while annualized premium equivalent increased 35.50 percent to INR 53.8 billion. AxisDirect reported the figures on August 7, 2026, and said the value of new business margin was 26.20 percent, down from 27.40 percent a year earlier.

Stock stays near yearly low

The NSE quote was INR 34.30 above the 52-week low of INR 1,652.90 and INR 444.80 below the 52-week high of INR 2,132.00 on October 13, 2026. That places the stock 20.86 percent below its 52-week high and 2.08 percent above its 52-week low.

Valuation and next results date

SBI Life had market capitalization of INR 1.7 trillion and a price-to-earnings ratio of 65.07 on October 13, 2026. Investing.com lists October 28, 2026 as the next earnings date.

Comparison with peers

SBI Life: plus 0.38 percent, P/E 65.07, market capitalization INR 1.7 trillion
HDFC Life (NSE, INR): plus 0.13 percent, P/E 61.20, market capitalization INR 1.2 trillion
ICICI Prudential Life (NSE, INR): minus 3.54 percent, P/E 38.27, market capitalization INR 648.0 billion

Price remains above the yearly low

At INR 1,687.20 on October 13, 2026 at 3:28 p.m. IST, SBI Life was 0.38 percent above the INR 1,680.80 close of October 12, 2026 and 20.86 percent below its 52-week high.

Market context: Market report BSE Sensex.