Latest Updates on SBI Life insurance Company Share Price as of 08 May 2024
SBI Life insurance Company Share Price Today Updates: SBI Life insurance Company Stock Price History
SBI Life insurance Company witnessed a series of fluctuations in its stock price throughout the trading day on May 8, 2024. The company closed the day at a price of Rs 1450.15, marking a 1.39% decline from the previous day’s closing price. Investors closely monitored the stock’s performance as it experienced various price movements and updates.
Earlier in the day, at 10:15 AM IST, SBI Life insurance Company saw a modest gain of 0.93%, trading at Rs 1463.5. Despite a recent decline in returns, the stock showed resilience with a positive movement. Over the past month, the stock had witnessed a decline of -4.79% in returns, but the current uptick provided some relief to investors.
Furthermore, at 9:40 AM IST, the stock price surged above the 20-day Exponential Moving Average (EMA), reaching Rs 1463.0 with a 0.89% increase. This move indicated a positive momentum in the stock’s performance, surpassing the short-term moving average and attracting investor attention.
In addition, SBI Life insurance Company closed the previous trading day at Rs 1450.15 with a 3-month return of 2.49%. The stock exhibited steady growth over the past quarter, reflecting positive investor sentiment and market performance. Despite a weekly return of -2.23%, the company remained a key player in the insurance sector, maintaining investor interest.
Moreover, with a 6-month Beta of 0.6731, SBI Life insurance Company offered stability for investors in the short to medium term. The stock’s lower volatility compared to the market average made it an attractive option for those seeking a more stable investment opportunity.
Overall, SBI Life insurance Company’s stock price history on May 8, 2024, showcased a mix of fluctuations and positive movements, highlighting the company’s resilience and potential for growth. Investors remained optimistic about the stock’s performance, considering its strong returns over various time periods and stable trading patterns.