HDFC Life Insurance Company gains on launching sustainable equity fund
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HDFC Life Insurance Company is currently trading at Rs. 629.70, up by 2.60 points or 0.41% from its previous closing of Rs. 627.10 on the BSE.
The scrip opened at Rs. 627.10 and has touched a high and low of Rs. 630.90 and Rs. 616.85 respectively. So far 33653 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 775.65 on 02-Sep-2021 and a 52 week low of Rs. 619.35 on 24-Jan-2022.
Last one week high and low of the scrip stood at Rs. 666.00 and Rs. 619.35 respectively. The current market cap of the company is Rs. 132991.44 crore.
The promoters holding in the company stood at 53.77%, while Institutions and Non-Institutions held 36.53% and 9.70% respectively.
HDFC Life Insurance Company has launched its Sustainable Equity Fund, currently available with HDFC Life Click 2 Wealth, a unit-linked product. The Company is committed to industry-leading ESG standards that help shape a sustainable future for the communities they serve and create long-term value for all stakeholders.
This Sustainable Equity Fund promotes Environmental, Social, and Governance (ESG) principles and will invest in stocks that form part of benchmark ESG indices or in stocks of companies with high ESG scores. This ESG score is calculated based on internal analysis, public disclosures, and ratings by external agencies.
HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.
