2025-04-04 02:50:49 pm | Source: Motilal Oswal Financial Services Ltd
Buy HDFC Life Ltd For Target Rs. 840 by Motilal Oswal Financial Services Ltd
* APE growth to moderate, led by weakness in credit life and benign ULIPs
* VNB growth/VNB margin to improve, led by product mix and full benefits of IRR changes
* Solvency to improve led by INR10b debt raise
* Counter share at HDFC Bank and guidance for FY26 will be key monitorables.
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