SBI Life falls 6.5% as Carlyle Group cuts stake via block deal
Updated : November 19, 2019 12:25 PM IST
At 11.33 am, SBI Life Insurance Co ltd shares quoted at Rs 943.95, down by 5.6 percent.
So far this year, SBI Life shares have returned nearly 58 percent to its investors, while the one-year return on the stock is more than 66 percent.
The block deal price was a steep discount of over 5 percent from its Monday's closing price of Rs 1,000.05.
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