SBI Life Insurance Share Price History & Return (2017 To 2024)
Show Table of Contents
Table of Contents
- 1: SBI Life Insurance Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About SBI Life Insurance
- 3: SBI Life Insurance Recent Performance
- 4: SBI Life Insurance Share Price Chart From 2017 to 2024
- 5: SBI Life Insurance Share Price History Table From 2017 to 2024
- 6: Analyzing the Impact of Investing in SBI Life Insurance
- 6.1: SBI Life Insurance Share Returns In Last 5 Years
- 6.2: SBI Life Insurance Share VS FD (Normal) VS FD (Compounding)
SBI Life Insurance Share Highlights
As of Fri 28 Jun 2024, SBI Life Insurance Share price is ₹1,491.94 which is ₹77.40 below 52-week high of ₹1,569.34 and ₹240.29 above 52-week low of ₹1,251.65
52-Week High Low
- SBI Life Insurance 52-Week High is ₹1,569.34 occured on Fri 01 Mar 2024
- SBI Life Insurance 52-Week Low is ₹1,251.65 occured on Thu 03 Aug 2023
All Time High
- The all-time high or the highest price that SBI Life Insurance shares have ever touched was ₹1,569.35 and this occurred on Fri 01 Mar 2024.
- The highest closing price at which SBI Life Insurance shares have ever closed was ₹1,564.95 recorded on Thu 29 Feb 2024.
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Short Info About SBI Life Insurance
SBI Life: A Life Insurance Company with a Bankable Reputation
Planning ahead of time so that the family doesn’t face any problems in future is common in every home. When it comes to life, due to its unpredictable nature, one needs help from outside. Life insurance is a contract of trust between the policyholder and the insurance company, and trust can be placed only on reputable companies. SBI Life Insurance Company Ltd. is one of India’s leading life insurance providers, with decades-old trust built by SBI.
October 2000: SBI Life Insurance Company Ltd. was incorporated.
September 2017: It was listed on the Indian stock market
SBI and BNP Paribas Cardif (France) formed a strategic partnership to form SBI Life. Various indices have SBI Life as its part, such as the Nifty 50, Nifty Financial Services, etc. The company has won several awards for its excellence in customer service, product innovation, corporate governance, and social responsibility.
Its business is not limited to life insurance for individuals and groups. It is also involved in pension, micro insurance, bancassurance, etc.
Now that we have a quick overview let’s dive into the captivating share price history of SBI Life Insurance Company Ltd.
SBI Life Insurance Recent Performance
Over the past 25 trading days, the value of SBI Life Insurance's stock has increased by ₹55.69 (+3.88%). On 24 May 2024, its one share was worth ₹1436.25 and by 28 Jun 2024, the value jumped to ₹1491.94. During this period it created a highest high of ₹1498.80 and lowest low of ₹1307.69.
Below Image represents line chart of daily close price of SBI Life Insurance, helping you visualize how the price has changed day by day.
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SBI Life Insurance Share Price Chart From 2017 to 2024
SBI Life Insurance Share Price History Table From 2017 to 2024
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| Year | SBI Life Insurance | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2017 | ₹693.60 | - | ↑ ₹705 ↓ ₹628 |
| 2018 | ₹596.45 | -14.1% | ↑ ₹774 ↓ ₹487 |
| 2019 | ₹961.80 | 61.2% | ↑ ₹1030 ↓ ₹510 |
| 2020 | ₹904.25 | -6% | ↑ ₹1019 ↓ ₹520 |
| 2021 | ₹1196.25 | 32.2% | ↑ ₹1273 ↓ ₹838 |
| 2022 | ₹1231.60 | 2.9% | ↑ ₹1339 ↓ ₹1003 |
| 2023 | ₹1432.60 | 16.3% | ↑ ₹1491 ↓ ₹1054 |
| 2024 | ₹1491.94 | 4.1% | ↑ ₹1498 ↓ ₹1450 |
Analyzing the Impact of Investing in SBI Life Insurance
SBI Life Insurance Shares price in the year 2017 was ₹693.60. If you had invested ₹10,000 in SBI Life Insurance Shares in 2017, in 7 years, your investment would have grown to ₹21,510 by the end of 2024. This represents a positive return of 115.1% from 2017 to 2024, with a compound annual growth rate (CAGR) of 11.5%.
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Also Read: SBI Year Wise Share Price History From IPO to 2024
SBI Life Insurance Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹1,498.8 and lowest was: ₹510
- SBI Life Insurance Shares price in 2019 was ₹961.8
- By 2024, its share price rose to ₹1,491.94
- It gave a positive return of over 55% with a CAGR of 9.1% over the last 5 years
- If you had invested ₹10,000 in SBI Life Insurance in 2019 then in 5 years, your investment would have grown to ₹15,511 by 2024, which is 1.55 times of your initial investment.
SBI Life Insurance Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | SBI Life Insurance Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2017 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹21,436.96 | ₹14,200 | ₹15,036.3 |
[Click/Touch on line to show data]
For more insights into SBI Life Insurance, explore these additional resources:-
- SBI Life Insurance Price Target Tomorrow
- SBI Life Insurance Price Long Term Target
- SBI Life Insurance Dividend History
Reference:
- SBI Life SBI Life – About company
- Wikipedia SBI Life – Wiki
- Economic Times SBI LIfe company history
