Jefferies keeps Buy rating for SBI Life stock at INR 2,500
Published on 10/08/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Jefferies maintained its Buy rating and INR 2,500 price target for SBI Life on October 7, 2026, according to Investing.com. The target keeps analyst attention on valuation while the stock trades close to its yearly low.
Premium growth reaches INR 4,035 crore
SBI Life reported first-year premium of INR 4,035 crore for September, up 10.40 percent year over year, NDTV Profit reported on October 8, 2026. That increase trailed the 20.60 percent expansion in total industry first-year premium to INR 48,781 crore, placing SBI Life's result in a broader growth market while showing a slower pace than the sector.
The premium figure is a monthly operating signal rather than a quarterly earnings measure. It therefore adds a near-term demand indicator to the July 2026 quarterly picture, while the analyst target provides a separate valuation reference.
Analyst target stays above NSE price
Investing.com listed Jefferies at Buy with a maintained INR 2,500 target dated October 7, 2026. The same page listed Goldman Sachs at Buy with an INR 2,170 target dated October 6, 2026, giving investors two current research benchmarks rather than one isolated estimate.
SBI Life Insurance operates in life insurance, offering individual and group products through a multi-channel distribution network, according to Investing.com. The business mix makes premium growth and product mix important measures alongside reported profit.
Shares sit 1.03 percent above yearly low
SBI Life traded at INR 1,670.00 on the NSE on October 8, 2026 at 3:15 p.m. IST, down 3.25 percent from the prior close of INR 1,726.10. The 52-week range was INR 1,652.90 to INR 2,132.00, putting the latest price 1.03 percent above the low, while market capitalization stood at INR 1.7 trillion.
SBI Life stock facts
- Company: SBI Life Insurance Company Limited
- Ticker: SBILIFE
- Primary exchange: NSE
- Primary exchange price: INR 1,670.00 on October 8, 2026 at 3:15 p.m. IST
- Change versus prior close: minus 3.25 percent
- Prior close: INR 1,726.10
- Market capitalization: INR 1.7 trillion as of October 8, 2026
- 52-week range: INR 1,652.90-2,132.00
- Sector / Industry: Financial Services / Insurance - Life
