QUICK TAKE: ANALYSTS BULLISH ON SBI LIFE

Shares of SBI Life have moved in the ~1,100-1,150 range for nearly a month. In a recent note after their e-conference event, Edelweiss Securities said, business momentum remains strong in July and August led by all product segments. Edelweiss expects current Covid reserves to be adequate for heightened claims. Maintained a Buy rating, its target price is ~1,600