The shares of SBI Life Insurance Company Ltd. opened today at Rs. 1,262.65, hit a record high of Rs. 1,304.70 on the NSE, and closed at Rs. 1,294.00 per share, an increase of 8.61% from the previous close of Rs. 1,191.45. The stock had hit a 52-week low of ₹1,003.50 on March 8, 2022, which means that after hitting a new high, it is currently trading 28.95% above the low. Brokerages HDFC Securities and Motilal Oswal are bullish on the stock after the company’s impressive first-quarter FY23 earnings. According to research by Value Research, SBI Life Insurance Company Ltd. is a debt-free company and brokerages expect the stock to hit a new high soon.