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The largecap bank stock, which has rallied nearly 10% in the last year, remains the top favourite of brokerages, with Kotak Institutional Equities saying the performance thus far shows the bank can consistently trade at best-in-class multiples.

SBI Life Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 129287.37 Crore) operating in Financial Services sector.

ChatGPT is still a pre-trained generator i.e., it requires training. Eventually, it will learn to identify its mistakes and evolve, bringing it closer to human consciousness (sans imagination; well, hopefully!). So far, we have only seen this in sci-fi movies. But AI is now here, and it will likely take the centre stage in many endeavours that hitherto were firmly in the humanoid domain. Things are changing and we better adapt ourselves to work alongside, rather than fight it.

Promoters held 0.0 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 18.7 per cent and 1.87 per cent, respectively.

“We are confident in our understanding of the current methodology and rule out its inclusion in this review,” said Abhilash Pagaria, head - of alternative and quantitative research at Nuvama Wealth, in a report on Monday.According to Nuvama Wealth, until the merger got completed and fresh shares were credited to the shareholders, NSE considered L&T Infotech as an independent entity.

Liquidity continues to be strong with cash balances at Rs 3,029 crore as of December 31, 2022. The company has one of the most substantial balance sheets among its peers with a large headroom to pursue value accretive growth opportunities, the company informed through an official filing.

Yes Bank CEO Prashant Kumar on Saturday said that the bank will challenge the high court’s decision while adding that there is no compulsion on the bank to pay interest on or redeem its AT- 1 bonds. He said this while speaking with analysts on Saturday soon after the announcing quarterly results.

ETMarkets.com found that FIIs consistently increased their stakes in 134 stocks from the BSE smallcap index in the first three quarters of FY23 (June 2022-December 2022).

A total of 8,985 shares changed hands on the counter till 01:38PM (IST).

The stock traded at a P/E multiple of 35.36, while the price-to-book value ratio stood at 6.89.