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Add HDFC Life Insurance Ltd For Target Rs.720 - Yes Securities Result Highlights * VNB margin: Calculated post-merger VNB margin de-grew by -307bps QoQ (comparable) but grew 111bps YoY (comparable) to 26.2% * VNB: The post-merger VNB de-growth was -59.6% QoQ (comparable), aided by de-growth in APE and deterioration in VNB margin * APE: The post-merger APE was Rs 23,280 mn down by -54.9 QoQ (comparable) but up by 12.8% YoY (comparable) * Expense control: Post-merger Expense ratio decreased -82bps QoQ to 19.9% as opex ratio decreased -86bps Q...
Add HDFC Life Insurance Ltd For Target Rs.720 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.720 - Yes Securities
Source: HDFC Life Insurance
31/07/2023 12:58:33 PM
Buy HDFC Life Insurance Company Limited Target Rs. 779 - Religare Broking Stable top-line growth; expansion continues: HDFC Life premium income growth in Q1FY24 remained moderate and in line with expectations at 17% YoY which was driven by single premium growth of 24% YoY. Net commission costs increased as the focus remains on increasing the agency network and expanding geographically. Annualized Premium Equivalent (APE) increased by 13% YoY which was driven by increase in individual APE growth of 12% YoY. Value of new business (VNB) growth was decent at 18% YoY as...
Buy HDFC Life Insurance Company Limited Target Rs. 779 - Religare Broking
Buy HDFC Life Insurance Company Limited Target Rs. 779 - Religare Broking
Source: Religare Broking Ltd
25/07/2023 2:20:48 PM
HDFC Life Insurance Company surges on reporting 15% rise in Q1 consolidated net profit HDFC Life Insurance Company is currently trading at Rs. 654.50, up by 7.25 points or 1.12% from its previous closing of Rs. 647.25 on the BSE. The scrip opened at Rs. 651.05 and has touched a high and low of Rs. 660.10 and Rs. 647.00 respectively. So far 66682 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 690.90 on 13-Jul-2023 and a 52 week low of Rs. 457.95 on 16-Mar-2023. Last one week high and low of the s...
HDFC Life Insurance Company surges on reporting 15% rise in Q1 consolidated net profit
HDFC Life Insurance Company surges on reporting 15% rise in Q1 consolidated net profit
Source: Accord Fintech
24/07/2023 3:01:55 PM
Buy HDFC Life Insurance Company Limited Target Rs. 614 - Religare Broking Summary: HDFC Life Insurance is India’s third largest life insurer with a new business premium market share of 7.2% as on February-23. The company has performed consistently as premium grew at a CAGR growth of 19% for FY17-FY22. It gains from the strong brand name and also HDFC Bank as its Bancassurance partner while having access to the strong distribution network and diverse customer base. Product mix: The Company has a favorable product mix as participating funds formed 30% of the...
Buy HDFC Life Insurance Company Limited Target Rs. 614 - Religare Broking
Buy HDFC Life Insurance Company Limited Target Rs. 614 - Religare Broking
Source: Religare Broking Ltd
14/07/2023 2:14:25 PM
HDFC Life Insurance Company gains on reporting 32% rise in new business premium during May HDFC Life Insurance Company is currently trading at Rs. 588.10, up by 6.50 points or 1.12% from its previous closing of Rs. 581.60 on the BSE. The scrip opened at Rs. 582.05 and has touched a high and low of Rs. 588.85 and Rs. 582.05 respectively. So far 10324 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 620.70 on 06-Jan-2023 and a 52 week low of Rs. 457.95 on 16-Mar-2023. Last one week high and low of the s...
HDFC Life Insurance Company gains on reporting 32% rise in new business premium during May
HDFC Life Insurance Company gains on reporting 32% rise in new business premium during May
Source: Accord Fintech
12/06/2023 10:52:30 AM
HDFC Life Insurance climbs despite reporting 28% fall in Q4 consolidated net profit HDFC Life Insurance Co is currently trading at Rs. 529.00, up by 10.75 points or 2.07% from its previous closing of Rs. 518.25 on the BSE. The scrip opened at Rs. 517.85 and has touched a high and low of Rs. 530.00 and Rs. 516.05 respectively. So far 102653 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 620.70 on 06-Jan-2023 and a 52 week low of Rs. 457.95 on 16-Mar-2023. Last one week high and low of the scri...
HDFC Life Insurance climbs despite reporting 28% fall in Q4 consolidated net profit
HDFC Life Insurance climbs despite reporting 28% fall in Q4 consolidated net profit
Source: Accord Fintech
28/04/2023 1:39:30 PM
Buy HDFC Life Insurance For Target Rs 614 - Religare Broking Summary: HDFC Life Insurance is India’s third largest life insurer with a new business premium market share of 7.2% as on February-23. The company has performed consistently as premium grew at a CAGR growth of 19% for FY17-FY22. It gains from the strong brand name and also HDFC Bank as its Bancassurance partner while having access to the strong distribution network and diverse customer base. Product mix: The Company has a favorable product mix as participating funds formed 30% of th...
Buy HDFC Life Insurance For Target Rs 614 - Religare Broking
Buy HDFC Life Insurance For Target Rs 614 - Religare Broking
Source: Religare Broking
5/04/2023 3:39:26 PM
Indias LIC plans investment exposure caps post Adani share rout The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group comapnies. After the Adani group lost over $100 billion in valuation post scathing allegations by U.S.-based Hindenburg Research, state-run LIC was criticized for having over $4 billion exposure to companies from the group. LIC, the country's largest domestic ins...
Indias LIC plans investment exposure caps post Adani share rout
Indias LIC plans investment exposure caps post Adani share rout
Source: Reuters
24/03/2023 12:33:30 PM
Add HDFC Life Insurance Ltd For Target Rs.680 - Yes Securities HDFL achieving margin neutrality ahead of time Result Highlights * VNB margin: Calculated post-merger VNB margin was at 26.8% (non- comparable) as against pre-merger VNB margin of 28.3% in 2QFY23 * VNB: The post-merger VNB was Rs 8,750 mn (non-comparable) as against pre- merger VNB of Rs 6,940mn in 3QFY22 and Rs 7,480mn in 2QFY23 * APE: The post-merger APE was Rs 32,600 mn (non-comparable) as against pre- merger APE of Rs 25,970mn in 3QFY22 and Rs 26,450mn in 2QFY23 * Expense c...
Add HDFC Life Insurance Ltd For Target Rs.680 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.680 - Yes Securities
Source: Yes Securities Ltd
2/03/2023 1:58:20 PM
Weekly Tech Picks: HDFC Life Insurance Company Ltd, Power Finance Corporation Ltd, Balkrishna industries Ltd, H G Infra Engineering Ltd By Axis Securities HDFC Life Insurance Company Ltd. • HDFCLIFE Ltd. on the weekly chart has decisively broken out above the “Symmetrical Triangular pattern” with strong bullish candle. • The breakout is accompanied with an increase in volume confirming participation at breakout level. • Stock is forming a higher high-low on 6 January, 2023• Stock is forming a higher high-low on the daily chart. This formation indicates a positive uptrend. • The weekly strength in...
Weekly Tech Picks: HDFC Life Insurance Company Ltd, Power Finance Corporation Ltd, Balkrishna industries Ltd, H G Infra Engineering Ltd By Axis Securities
Weekly Tech Picks: HDFC Life Insurance Company Ltd, Power Finance Corporation Ltd, Balkrishna industries Ltd, H G Infra Engineering Ltd By Axis Securities
Source: Axis Securities Ltd
9/01/2023 11:20:27 AM
YEARENDER: Composite insurance licence regime may trigger M&A activity: HDFC Life CFO Niraj Shah The Central governments decision to issue composite insurance licences (insurers who can sell both life and general insurance policies) may increase a potential for merger and acquisition (M&A) activity in the sector, said a senior official of HDFC Life Insurance Company. He also said the proposed regulation on composite licences may result in expanding business lines for insurers. "HDFC Life completed the merger with Exide life in 2022. We do believe that there is enough growt...
YEARENDER: Composite insurance licence regime may trigger M&A activity: HDFC Life CFO Niraj Shah
YEARENDER: Composite insurance licence regime may trigger M&A activity: HDFC Life CFO Niraj Shah
Source: IANS
28/12/2022 2:32:46 PM
HDFC Life Insurance inches up on reporting 19% rise in Q2 consolidated net profit HDFC Life Insurance Co is currently trading at Rs. 534.60, up by 1.15 points or 0.22% from its previous closing of Rs. 533.45 on the BSE. The scrip opened at Rs. 533.40 and has touched a high and low of Rs. 536.50 and Rs. 532.25 respectively. So far 4950 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 725.00 on 15-Nov-2021 and a 52 week low of Rs. 497.30 on 08-Mar-2022. Last one week high and low of the scrip s...
HDFC Life Insurance inches up on reporting 19% rise in Q2 consolidated net profit
HDFC Life Insurance inches up on reporting 19% rise in Q2 consolidated net profit
Source: Accord Fintech
27/10/2022 10:07:14 AM
Neutral HDFC Life Insurance Ltd For Target Rs. 600 - Motilal Oswal Financial Services Ltd Premium growth tepid; VNB in line aided by margin expansion Persistency ratio continues to improve * HDFC Life Insurance (HDFCLIFE) reported 6% YoY growth in total premium in 2QFY23, led by 23% YoY growth in renewal premium while new business premium saw a contraction of 7% YoY. * VNB rose 10% YoY (in line) with 170bp YoY expansion in VNB margin to 28.3% on a pre-merger basis. Consolidated VNB margin was 26.2% in 1HFY23.  * APE grew 4% YoY to INR26.5b (5% miss) in 2...
Neutral HDFC Life Insurance Ltd For Target Rs. 600 - Motilal Oswal Financial Services Ltd
Neutral HDFC Life Insurance Ltd For Target Rs. 600 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
26/10/2022 11:26:12 AM
Add HDFC Life Insurance Ltd For Target Rs.630 - Yes Securities VNB margin rises sequentially despite caution on retail protection Result Highlights * VNB margin: Calculated and comparable, ex-merger VNB margin expanded by 149bps QoQ and 170bps YoY to 28.3% * VNB growth: Ex-merger VNB growth was 46.7%/10.3% QoQ/YoY, where the YoY growth was aided by improvement in VNB margin * APE growth: Ex-merger new business APE growth was 38.9%3.7% QoQ/YoY, driven YoY by Non-par savings and Annuity business * Expense control: Post-merger Expense ratio d...
Add HDFC Life Insurance Ltd For Target Rs.630 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.630 - Yes Securities
Source: Yes Securities Ltd
25/10/2022 12:40:03 PM
HDFC Life Insurance Company gains on completing Exide Life merger HDFC Life Insurance Co is currently trading at Rs. 523.85, up by 0.95 points or 0.18% from its previous closing of Rs. 522.90 on the BSE. The scrip opened at Rs. 523.00 and has touched a high and low of Rs. 526.00 and Rs. 518.90 respectively. So far 1132058 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 725.00 on 15-Nov-2021 and a 52 week low of Rs. 497.30 on 08-Mar-2022. Last one week high and low of the scri...
HDFC Life Insurance Company gains on completing Exide Life merger
HDFC Life Insurance Company gains on completing Exide Life merger
Source: Accord Fintech
17/10/2022 12:53:01 PM
HDFC Life Insurance rises on getting nod to merge Exide Industries arm with itselfs HDFC Life Insurance Co is currently trading at Rs. 549.55, up by 2.90 points or 0.53% from its previous closing of Rs. 546.65 on the BSE. The scrip opened at Rs. 552.90 and has touched a high and low of Rs. 556.65 and Rs. 543.00 respectively. So far 1985245 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 759.60 on 17-Sep-2021 and a 52 week low of Rs. 497.30 on 08-Mar-2022. Last one week high and low of the scri...
HDFC Life Insurance rises on getting nod to merge Exide Industries arm with itselfs
HDFC Life Insurance rises on getting nod to merge Exide Industries arm with itselfs
Source: Accord Fintech
19/09/2022 2:31:57 PM
Add HDFC Life Insurance Ltd For Target Rs.640 - Yes Securities Negative economic variance erodes EV on sequential basis Result Highlights * VNB margin: Calculated VNB margin de-grew by -257bps QoQ but grew 65bps YoY to 26.8% ? VNB growth: VNB de-growth/growth was -43%/25% QoQ/YoY, where the YoY growth was aided by strong growth in APE and improvement in VNB margin * APE growth: New business APE de-growth/growth was -37.6%/22% QoQ/YoY, driven YoY by Par, Non-par saving, Annuity and Group business * Expense control: Expense ratio rose 199bps/23...
Add HDFC Life Insurance Ltd For Target Rs.640 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.640 - Yes Securities
Source: Yes Securities Ltd
20/07/2022 11:46:16 AM
HDFC Life Insurance Company gains on rolling out 'Cardiac Risk Assessment at Home' HDFC Life Insurance Co is currently trading at Rs. 562.05, up by 4.05 points or 0.73% from its previous closing of Rs. 558.00 on the BSE. The scrip opened at Rs. 560.00 and has touched a high and low of Rs. 563.80 and Rs. 558.85 respectively. So far 23328 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. 497.30 on 08-Mar-2022. Last one week high and low of the scrip ...
HDFC Life Insurance Company gains on rolling out 'Cardiac Risk Assessment at Home'
HDFC Life Insurance Company gains on rolling out 'Cardiac Risk Assessment at Home'
Source: Accord Fintech
24/06/2022 2:57:05 PM
HDFC Life Insurance Company trades in green on raising Rs 350 crore via NCDs HDFC Life Insurance Co is currently trading at Rs. 554.95, up by 3.10 points or 0.56% from its previous closing of Rs. 551.85 on the BSE. The scrip opened at Rs. 551.85 and has touched a high and low of Rs. 559.80 and Rs. 549.70 respectively. So far 36591 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. 497.30 on 08-Mar-2022. Last one week high and low of the scrip ...
HDFC Life Insurance Company trades in green on raising Rs 350 crore via NCDs
HDFC Life Insurance Company trades in green on raising Rs 350 crore via NCDs
Source: Accord Fintech
23/06/2022 3:26:45 PM
HDFC Life Insurance Company allots NCDs aggregating Rs 350 crore HDFC Life Insurance Company has allotted 3500 unsecured, rated, listed, subordinated, redeemable, fully paid-up, non-convertible debentures, each having a face value of Rs 10,00,000 lakh for an aggregate nominal value of Rs 350 crore for cash, at par, in dematerialised form, on private placement basis on 22 June 2022.
HDFC Life Insurance Company allots NCDs aggregating Rs 350 crore
HDFC Life Insurance Company allots NCDs aggregating Rs 350 crore
Source: Dion Global Solutions Ltd
22/06/2022 1:36:15 PM
HDFC Life Insurance surges on getting nod to raise Rs 350 crore via NCDs HDFC Life Insurance Co is currently trading at Rs. 557.15, up by 5.90 points or 1.07% from its previous closing of Rs. 551.25 on the BSE. The scrip opened at Rs. 548.05 and has touched a high and low of Rs. 558.50 and Rs. 546.25 respectively. So far 33083 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. 497.30 on 08-Mar-2022. Last one week high and low of the scrip ...
HDFC Life Insurance surges on getting nod to raise Rs 350 crore via NCDs
HDFC Life Insurance surges on getting nod to raise Rs 350 crore via NCDs
Source: Accord Fintech
20/06/2022 11:21:41 AM
Key News - Larsen & Toubro Infotech, Adani Wilmar Ltd, Indian Hume Pipe Ltd, HDFC Life Insurance Company Ltd, Cipla Ltd, PTC India Ltd By ARETE Securities Key News L&T Infotech-Mindtree merger likely by December, says LTI COO The amalgamation process of Larsen & Toubro Infotech (LTI) and Mindtree is likely to be completed by December, and during this period, both the companies will continue to operate independently, a senior official said. The two subsidiaries of Larsen & Toubro had last month announced a megamerger to create an efficient and scaled-up IT services provider, exceeding USD 3.5 billion in combined revenue. &n...
Key News - Larsen & Toubro Infotech, Adani Wilmar Ltd, Indian Hume Pipe Ltd, HDFC Life Insurance Company Ltd, Cipla Ltd, PTC India Ltd By ARETE Securities
Key News - Larsen & Toubro Infotech, Adani Wilmar Ltd, Indian Hume Pipe Ltd, HDFC Life Insurance Company Ltd, Cipla Ltd, PTC India Ltd By ARETE Securities
Source: ARETE Securities Ltd
20/06/2022 9:25:45 AM
Weekly Tech Picks - TVS Motor Company Ltd, HDFC Life Insurance Company Ltd, Voltamp Transformers Ltd, HDFC Bank By Axis Securities TVS Motor Company Limited * On the daily chart, the stock has formed an “inverse head and shoulder” indicating a short term trend reversal * This breakout is accompanied with huge volumes indicating increased participation * In addition, the stock has confirmed higher tops and bottoms * The stock is well placed above its 20, 50 , 100 and 200 SMA which reconfirmed bullish trend * The daily and weekly strength indicator RSI is in bullish mode along...
Weekly Tech Picks - TVS Motor Company Ltd, HDFC Life Insurance Company Ltd, Voltamp Transformers Ltd, HDFC Bank By Axis Securities
Weekly Tech Picks - TVS Motor Company Ltd, HDFC Life Insurance Company Ltd, Voltamp Transformers Ltd, HDFC Bank By Axis Securities
Source: Axis Securities Ltd
30/05/2022 9:37:54 AM
India's $2.7 billion LIC IPO subscribed 67% on first day MUMBAI  -Life Insurance Corp's (LIC) $2.7 billion IPO, India's largest public issue, was subscribed 67% on the first day of bidding, even as a surprise rate hike by the central bank roiled markets. Investors bid for 108.7 million shares on Wednesday, compared with the total 162.1 million shares on offer, with the portions reserved for employees and policyholders already oversubscribed, exchange data showed https://www.nseindia.com/market-data/issue-information?symbol=LICI&...
India's $2.7 billion LIC IPO subscribed 67% on first day
India's $2.7 billion LIC IPO subscribed 67% on first day
Source: Reuters
4/05/2022 8:15:06 PM
Add HDFC Life Insurance Ltd For Target Rs. 605 - Yes Securities Individual Protection makes a comeback on sequential basis Result Highlights VNB margin: Calculated VNB margin grew by 263bps QoQ and 238bps YoY to 29.4% VNB growth: VNB growth was 29.0%/15.2% QoQ/YoY significantly outpacing the growth in APE APE growth: New business APE growth was 17.4%/5.8% QoQ/YoY driven, sequentially by Par, Non-par protection, ULIP and Annuity business Expense control: Expense ratio rose 43bps/63bps QoQ/YoY to 17% as opex ratio rose 27bps/93bps QoQ/YoY ...
Add HDFC Life Insurance Ltd For Target Rs. 605 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs. 605 - Yes Securities
Source: Yes Securities Ltd
27/04/2022 10:48:27 AM
Key News - HDFC Life Insurance, Make in India, Zee Learn, Adani Group Ltd By ARETE Securities Key News HDFC Life's net profit jumps 12% to Rs 357 cr; VNB margins at 29.3% Private sector life insurer, HDFC Life, reported a 12.6 per cent jump in net profit to Rs 357 crore in the January–March quarter (Q4FY22), from Rs 317 crore in the year ago period as the impact of Covid on profits has started to wane. Its new business margins expanded 240 basis points year-on-year (YoY) to 29.3 per cent in Q4FY22 from 26.9 per cent in the year-ago period. For the full year (FY22), ...
Key News - HDFC Life Insurance, Make in India, Zee Learn, Adani Group Ltd By ARETE Securities
Key News - HDFC Life Insurance, Make in India, Zee Learn, Adani Group Ltd By ARETE Securities
Source: ARETE Securities Ltd
27/04/2022 9:43:34 AM
Neutral HDFC Life Insurance Ltd For Target Rs. 650 - Motilal Oswal In line result; VNB margin stood robust Persistency trends steady HDFCLIFE reported a 11% YoY growth in premium, led by a 16% growth in renewal premium and an 8% growth each in single/first-year premium. Persistency trends remain steady, with 13th/61st month persistency improving 200bp/500bp YoY to 92%/58%. Shareholder’s PAT grew 12% YoY to INR3.6b (in line). VNB growth stood at 15% YoY (~8% beat), with VNB margin expanding to 29.4% (+263bp QoQ). EVOP grew 19% YoY in FY22 (16.6...
Neutral HDFC Life Insurance Ltd For Target Rs. 650 - Motilal Oswal
Neutral HDFC Life Insurance Ltd For Target Rs. 650 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
27/04/2022 9:35:09 AM
Buy HDFC Life Insurance Ltd For Target Rs.670 - Emkay Global Insurance stock underperformance unjustified; growth outlook and franchise strength overlooked  The material underperformance of life insurance stocks relative to the broader market in the last six months has been puzzling, given that the major challenges relating to second Covid wave losses and reinsurance price hikes are already known. Even after accounting for the recent softness in monthly new business volumes, the changes in fundamentals will not be enough to explain this. The im...
Buy HDFC Life Insurance Ltd For Target Rs.670 - Emkay Global
Buy HDFC Life Insurance Ltd For Target Rs.670 - Emkay Global
Source: Emkay Global Financial Services Ltd
6/04/2022 12:14:50 PM
Buy HDFC Life Insurance Ltd For Target Rs. 800 - ICICI Direct Healthy growth; outlook on growth optimistic… About the stock: HDFC Life is among the most dominant players in the Indian life insurance industry with a strong distribution network, parentage, operating metrics. * Balanced product mix with focus on non-par, protection & annuity business * Industry leading VNB margins of over 25%   Q3FY22 Results: Business traction healthy, lower investment income impacts PAT * Gross premium grew at a healthy pace of 27% YoY t...
Buy HDFC Life Insurance Ltd For Target Rs. 800 - ICICI Direct
Buy HDFC Life Insurance Ltd For Target Rs. 800 - ICICI Direct
Source: ICICI Direct
4/02/2022 9:14:37 AM
Buy HDFC Life Insurance Company Ltd For Target Rs.756 - ICICI Securities More balanced product mix and execution trackrecord remain key differentiators We believe HDFC Life is well on track to record more than Rs25bn VNB and close to Rs100bn APE in FY22E. This would imply 24% VNB CAGR over last 5 years (FY17-22E). More balanced product mix than peers, well-entrenched distribution mix, more than 15% growth potential in APE, possibility of improving VNB margins, and >18% steady-state operating RoEV remain safe long-term investment thesis on HDFC Life.  ...
Buy HDFC Life Insurance Company Ltd For Target Rs.756 - ICICI Securities
Buy HDFC Life Insurance Company Ltd For Target Rs.756 - ICICI Securities
Source: ICICI Securities Ltd
31/01/2022 10:17:35 AM
Add HDFC Life Insurance Ltd For Target Rs.731 - Yes Securities HDFL adjusts protection retention and adds annuity product to manage margin Result Highlights * VNB margin: Calculated VNB margin grew by 22bps QoQ and 30bps YoY to 26.7% * VNB growth: VNB growth was 2.7%/21.8% QoQ/YoY slightly outpacing the growth in APE * APE growth: New business APE growth was 1.8%/20.4% QoQ/YoY driven, sequentially, by Non-par savings, ULIP and group business * Expense control: Expense ratio rose 33 bps QoQ but declined 192 bps YoY to 16.6% as opex ratio ro...
Add HDFC Life Insurance Ltd For Target Rs.731 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.731 - Yes Securities
Source: Yes Securities Ltd
26/01/2022 10:19:53 AM
HDFC Life Insurance Company gains on launching sustainable equity fund 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 s...
HDFC Life Insurance Company gains on launching sustainable equity fund
HDFC Life Insurance Company gains on launching sustainable equity fund
Source: Accord Fintech
25/01/2022 12:23:47 PM
Neutral HDFC Life Insurance Ltd For Target Rs.730 - Motilal Oswal Steady growth in premium; VNB margin stable Persistency improves across cohorts * HDFCLIFE reported ~28% YoY growth in premium, led by 40%/19% YoY growth in single/first year premium. Persistency trends improved across cohorts, with 13th/61st month persistency improving 100bp QoQ each to 92%/57%. Shareholders’ PAT grew 3% YoY to INR2.74b (10% miss). * VNB growth stood at 22% YoY (~11% beat), with VNB margin coming broadly in line at 26.7%. EVOP grew 18.6% YoY in 9MFY22 (16.2% g...
Neutral HDFC Life Insurance Ltd For Target Rs.730 - Motilal Oswal
Neutral HDFC Life Insurance Ltd For Target Rs.730 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
24/01/2022 12:35:16 PM
HDFC Life posts lower net of Rs 850 crore for 9 months Private life insurer HDFC Life Insurance Company Ltd on Friday said it closed the nine month period ended December 31, 2021 with a lower net profit of about Rs 850 crore on an increased premium income of about Rs 31,106 crore. The company also said its Board approved the amalgamation of its wholly-owned subsidiary Exide Life Insurance Company Ltd with itself and the legal formalities for this have begun. In a regulatory filing, HDFC Life said it closed the nine month period ending Decem...
HDFC Life posts lower net of Rs 850 crore for 9 months
HDFC Life posts lower net of Rs 850 crore for 9 months
Source: IANS
21/01/2022 5:34:42 PM
HDFC Life Insurance Company trades higher on completing acquisition of Exide Life Insurance Company HDFC Life Insurance Company is currently trading at Rs. 649.95, up by 1.15 points or 0.18% from its previous closing of Rs. 648.80 on the BSE. The scrip opened at Rs. 652.75 and has touched a high and low of Rs. 659.20 and Rs. 646.40 respectively. So far 16959 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. 627.00 on 20-Dec-2021. Last one week high and low of the s...
HDFC Life Insurance Company trades higher on completing acquisition of Exide Life Insurance Company
HDFC Life Insurance Company trades higher on completing acquisition of Exide Life Insurance Company
Source: Accord Fintech
3/01/2022 11:02:38 AM
HDFC Life completes acquisition of Exide Life HDFC Life Insurance Company Limited (HDFC Life) on Saturday announced the completion of the acquisition of Exide Life Insurance Company Limited (Exide Life), subsequent to receiving all relevant regulatory approvals. Effective Saturday, Exide Life will operate as a wholly-owned subsidiary of HDFC Life. Pursuant to the agreement, there was a cash pay-out of Rs 726 crore and 8,70,22,222 equity shares at an issue price of Rs 685 per share were allotted to Exide Industries Limited (Exide Indus...
HDFC Life completes acquisition of Exide Life
HDFC Life completes acquisition of Exide Life
Source: IANS
2/01/2022 9:27:56 AM
2022 to see disciplined, market segmented underwriting by life insurers A disciplined underwriting of risks by proper segmentation largely compelled by reinsurers, reduced Covid-19 intensity owing to vaccination programme -- adults and in the 15-18 groups -- and increased awareness about insurance protection, retirement planning are going to be the business drivers for life insurers in 2022, said senior industry officials. The year is also expected to see one of the Asian life insurance giant Life Insurance Corporation of India (LIC) tapping the market with an...
2022 to see disciplined, market segmented underwriting by life insurers
2022 to see disciplined, market segmented underwriting by life insurers
Source: IANS
1/01/2022 4:39:35 PM
HDFC Life Insurance gains on entering into bancassurance tie-up with South Indian Bank HDFC Life Insurance Co is currently trading at Rs. 642.00, up by 2.65 points or 0.41% from its previous closing of Rs. 639.35 on the BSE. The scrip opened at Rs. 640.35 and has touched a high and low of Rs. 642.25 and Rs. 639.00 respectively. So far 19693 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. 627.00 on 20-Dec-2021. Last one week high and low of the scrip ...
HDFC Life Insurance gains on entering into bancassurance tie-up with South Indian Bank
HDFC Life Insurance gains on entering into bancassurance tie-up with South Indian Bank
Source: Accord Fintech
28/12/2021 2:40:35 PM
Buy HDFC Life Insurance Company Ltd For Target Rs.850 - ICICI Direct Steady growth; outlook on growth optimistic… About the stock: HDFC Life is among the most dominant players in the Indian life insurance industry with a strong distribution network, parentage, operating metrics. * Balanced product mix with focus on non-par and protection business * Industry leading VNB margins of over 25%   Q2FY22 Results: Business traction healthy, elevated claims impact earnings. * Gross premium grew at a healthy pace of 14% YoY to | 11632 crore...
Buy HDFC Life Insurance Company Ltd For Target Rs.850 - ICICI Direct
Buy HDFC Life Insurance Company Ltd For Target Rs.850 - ICICI Direct
Source: ICICI Direct
18/11/2021 10:10:50 AM
Buy HDFC Life Insurance Company Ltd For Target Rs.740 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Above views are of the author and not of the website kindly read disclaime
Buy HDFC Life Insurance Company Ltd For Target Rs.740 - Religare Broking
Buy HDFC Life Insurance Company Ltd For Target Rs.740 - Religare Broking
Source: Religare Broking Ltd
15/11/2021 11:43:44 AM
Buy HDFC Life Insurance Ltd For Target Rs.880 - Emkay Global Robust performance HDFC Life’s H1FY22 results were robust against the backdrop of excess mortality reserve (EMR), led by Rs6bn charge in H1 (Rs5.4bn in Q1FY22). Since HDFC Life’s monthly new business numbers were already known, the key monitorables in the results were VNB margin, EV growth, Covid-19 claims development and future guidance.   * Good result despite Covid-19 second wave: HDFCLIFE reported 23% YoY growth in APE in H1FY22 to Rs41.1bn and 30% YoY growth ...
Buy HDFC Life Insurance Ltd For Target Rs.880 - Emkay Global
Buy HDFC Life Insurance Ltd For Target Rs.880 - Emkay Global
Source: Emkay Global Financial Services
29/10/2021 10:11:17 AM
Large Cap : Buy HDFC Life Insurance Company Ltd For Target Rs.790 - Geojit Financial Small dip in PAT as claims remain high HDFC Life Insurance Co. Ltd, a joint venture between HDFC Ltd. and Standard Life Aberdeen, provides insurance services and was listed on BSE on 17th November 2017. The issuer offers protection for life, health, properties and automobile, amongst others. * Moderate growth in Gross premium income +14.2% YoY pulled up by Renewal premium (+16.8% YoY) and First year premium (+24.0% YoY). Single premium account saw muted growth of 7.7% YoY. * New busi...
Large Cap : Buy HDFC Life Insurance Company Ltd For Target Rs.790 - Geojit Financial
Large Cap : Buy HDFC Life Insurance Company Ltd For Target Rs.790 - Geojit Financial
Source: Geojit Financial Services Ltd
28/10/2021 11:06:22 AM
Add HDFC Life Insurance Company Ltd For Target Rs.776 - Yes Securities HDFL focuses on areas other than retail protection for margin sustenance Result Highlights * VNB margin: Calculated VNB margin grew by 23bps QoQ and 87bps YoY to 26.5%. * VNB growth: VNB growth was healthy at 64.9%/23.6% QoQ/YoY broadly mirroring the growth in APE * APE growth: New business APE growth was strong at 63.4%/19.5% QoQ/YoY driven by all segments, barring Individual Protection * Expense control: Expense ratio declined 38 bps QoQ but rose 108 bps YoY to 16.3% as opex ...
Add HDFC Life Insurance Company Ltd For Target Rs.776 - Yes Securities
Add HDFC Life Insurance Company Ltd For Target Rs.776 - Yes Securities
Source: Yes Securities Ltd
25/10/2021 10:59:58 AM
HDFC Life closes first half with lower PAT of Rs 577 cr Private insurance major HDFC Life Insurance Company Ltd closed the first half of the current fiscal with a net profit of about Rs 577 crore, down from Rs 777 crore logged during previous year corresponding period, MD and CEO Vibha Padalkar said on Friday. She also said the company is in discussions with re-insurers on rate revision and a decision on it is expected to happen by the end of this year. The process of merging Exide Life Insurance is progressing well, she added. Announcing th...
HDFC Life closes first half with lower PAT of Rs 577 cr
HDFC Life closes first half with lower PAT of Rs 577 cr
Source: IANS
23/10/2021 9:20:18 AM
Stock Idea - HDFC Life Insurance Company Limited By Choice Broking On a daily Chart, the stock has given a breakout of 745 level and made a life-time high at 775 on 2nd Sept 2021. But it showed profit booking from the top and made a low around 689, which is, 61.8% RL of its previous up move which indicated bounce-back movementin the counter. The stock has formed a "Bullish Hammer” candlestick pattern, which occurs at the bottom of the downtrend and indicates areversal movein the prices. Moreover, the price has pulled up after taking support a...
Stock Idea - HDFC Life Insurance Company Limited By Choice Broking
Stock Idea - HDFC Life Insurance Company Limited By Choice Broking
Source: Choice Broking
19/10/2021 2:46:58 PM
Buy HDFC Life Insurance Company Ltd Target Rs.765 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Above views are of the author and not of the website kindly read disclaimer
Buy HDFC Life Insurance Company Ltd Target Rs.765 - Religare Broking
Buy HDFC Life Insurance Company Ltd Target Rs.765 - Religare Broking
Source: Religare Broking Ltd
30/09/2021 10:59:40 AM
Indian insurance sector: Shakeout or promoter exits to happen? Mixed views were expressed by insurance industry officials to whether a shakeout or promoter exits in the Indian insurance sector are on the cards, as HDFC Life Insurance Company Ltd on Friday announced the acquisition of Exide Life Insurance Company Ltd for Rs 6,687 crore. "As regards the life insurance sector, the storyboard is clear. The insurers have limited products (endowment, money back), lower internal rate of return (IRR) in endowment policies and disinterest on the part of l...
Indian insurance sector: Shakeout or promoter exits to happen?
Indian insurance sector: Shakeout or promoter exits to happen?
Source: IANS
4/09/2021 12:00:05 PM
Add HDFC Life Insurance Ltd For Target Rs.783 - Yes Securities Our view – The rationale for Exide Life acquisition seems to make reasonable sense We participated in the Conference Call hosted by HDFC Life Insurance’s (HDFL) top management and gleaned several takeaways. Some of the key takeaways include (1) Rationale for the acquisition seems largely sensible and includes the following key reasons (a) HDFC Life is focused on diversifying sourcing mix, especially agency force and the acquisition of Exide Life will add about 40% to agency-dri...
Add HDFC Life Insurance Ltd For Target Rs.783 - Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.783 - Yes Securities
Source: Yes Securities Ltd
3/09/2021 12:46:29 PM