Pending — not yet graded
Bullish on SBI Life Insurance Company with a target price of ₹2,600 per share, implying a 49% upside. Despite a slowdown in APE growth in FY25 and early FY26, Jefferies anticipates acceleration to a 15% CAGR, driven by the SBI channel's recovery, agent recruitment opportunities, and expansion of non-par and par savings policies. SBI Life is a top pick in the life insurance space.

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%

SBIBullishCalled 01 Sep 2026
Verdict:PENDING

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