2025-01-25 11:08:45 am | Source: Motilal Oswal Financial Services Ltd
Buy HDFC Life Ltd For Target Rs. 140 by Motilal Oswal Financial Services Ltd
* New business premium to maintain growth momentum, driven by the Annuity and Par segments.
* VNB margins are likely to expand QoQ with robust VNB growth.
* Improvement in persistency ratio and commentary on growth outlook are the key monitorables.
* The share of HDFC Bank in the distribution mix and the outlook ahead will be critical monitorables.
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