2025-10-16 02:32:49 pm | Source: Motilal Oswal Financial Services ltd
Buy HDFC Life Insurance Ltd for the Target Rs. 910 by Motilal Oswal Financial Services Ltd
* APE growth is expected to remain in double digits YoY.
* On a YoY basis, VNB margin is expected to dip, led by a loss in GST input credit on policies.
* Product mix likely to tilt towards traditional products over ULIPs.
* The share of HDFC Bank in the distribution mix and the outlook ahead will be critical monitorables.
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