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Diwali Picks 2024 By Prabhudas Lilladher Capital Large Cap: HDFC Life Insurance Market Cap: INR 1,54,099 crore | CMP: INR 716 * Expect high-teens VNB growth with rangebound margins, leveraging multiple products and channels * The company remains on track for a 17% VNB and EVOP CAGR, with a 17% medium-term operating RoEV * H2 will be eventful, reflecting impact of revised surrender value guidelines, momentum in ULIPs and rate cut towards the end of the year * Strong growth in new business premiums expected, driven by new la...
Diwali Picks 2024 By Prabhudas Lilladher Capital
Diwali Picks 2024 By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 09:16:28 am
Stock Picks : HDFC Life Insurance Company Ltd and Lupin Ltd By ICICI Direct HDFC Life Insurance Company Ltd Buy HDFC Life Insurance Company Ltd @ 724-726 Target 733.50 Stop Loss 720.40   Lupin Ltd Buy Lupin Ltd @ 2090-2094 Target 2073.00 Stop Loss 2104.50   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : HDFC Life Insurance Company Ltd and Lupin Ltd By ICICI Direct
Stock Picks : HDFC Life Insurance Company Ltd and Lupin Ltd By ICICI Direct
Source: HDFC Securities
2024-10-24 10:39:42 am
Stock Picks : HDFC Life Insurance Company Ltd And Tata Steel Ltd By ICICI Direct HDFC Life Insurance Company Ltd Buy HDFC Life Insurance Company Ltd @ 740-742 Target 749.50 Stop Loss 736.70   Tata Steel Ltd Buy Tata Steel Ltd @ 154-155 Target 156.50 Stop Loss 153.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : HDFC Life Insurance Company Ltd And Tata Steel Ltd By ICICI Direct
Stock Picks : HDFC Life Insurance Company Ltd And Tata Steel Ltd By ICICI Direct
Source: ICICI Direct
2024-10-21 10:20:57 am
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 793 - Religare Broking HDFC Life Insurance Ltd * HDFCLIFE is seen with steady uptrend & strong setup with support above 50&100EMA. * Stock recently witnessed double bottom support formation and decisive rebound from the 50 EMA and rising trend line. * Continuously in its steady uptrend, forming higher-highs and Expect the positive tone to continue. * Traders are recommended to accumulate and trade in the above mentioned range.   Buy HDFC Life Insurance Ltd CMP 742.4...
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 793 - Religare Broking
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 793 - Religare Broking
Source: Religare Broking
2024-10-21 10:12:25 am
HDFC Life Insurance moves up on reporting 15% rise in Q2 consolidated net profit HDFC Life Insurance is currently trading at Rs. 727.50, up by 13.10 points or 1.83% from its previous closing of Rs. 714.40 on the BSE. The scrip opened at Rs. 720.05 and has touched a high and low of Rs. 731.05 and Rs. 715.05 respectively. So far 108354 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 760.95 on 03-Sep-2024 and a 52 week low of Rs. 511.10 on 04-Jun-2024. Last one week high and low of the scrip s...
HDFC Life Insurance moves up on reporting 15% rise in Q2 consolidated net profit
HDFC Life Insurance moves up on reporting 15% rise in Q2 consolidated net profit
Source: Accord Fintech
2024-10-16 11:14:42 am
HDFC Life Insurance Co. - Q2FY25 Results by Manish Chowdhury, Head of Research, StoxBox HDFC Life Insurance Co. Ltd. H1FY25 First Cut - Strong new business growth; VoNB margin remains a concern * The individual annual premium equivalent (APE) during H1FY25 recorded a growth of 31% YoY to Rs 5,864 crores, while the total APE rose 25% YoY to Rs. 6,724 crores. The topline growth can be attributed to a rise in the number of policies sold and a balanced product mix. * Profit after Tax rose to Rs. 911 crores in H1FY25, up 15% YoY. * Assets Under Management (AUM) increased to Rs. ...
HDFC Life Insurance Co. - Q2FY25 Results by Manish Chowdhury, Head of Research, StoxBox
HDFC Life Insurance Co. - Q2FY25 Results by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-10-15 06:14:20 pm
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 772 - Religare Broking HDFC Life Insurance ltd * HDFCLIFE exhibits steady up-move in comparison to its peers within Financial space * Rigidly rebounding from its 50 EMA with double bottom formation indicates positive setup. * Recent technical strength suggests the trend is still positive with sustainability above 705-710 could lead to further upside to new highs *  Traders are recommended to participate in the move with positive bias within the said range. Buy HDFC Life I...
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 772 - Religare Broking
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 772 - Religare Broking
Source: Religare Broking Ltd
2024-10-14 12:21:39 pm
Saksoft, HDFC Life and Tata Motors to see some action today Saksoft has acquired Ceptes Software, a recognized expert in Salesforce services, headquartered in Bengaluru, Karnataka. The company anticipates the transaction will be closed within 4 weeks pending customary closing conditions. This strategic acquisition will significantly help Saksoft expand its capabilities around Salesforce solutions, cloud innovation, and customer experience optimization.  HDFC Life Insurance Company has received approval to raise funds up to Rs 1,500 c...
Saksoft, HDFC Life and Tata Motors to see some action today
Saksoft, HDFC Life and Tata Motors to see some action today
Source: Accord Fintech
2024-09-30 08:57:05 am
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 765 - Religare Broking HDFC Life Insurance Ltd  * HDFCLIFE has been in steady uptrend from last many months forming a series of higher highs and higher lows. * It rebounded higher taking support of its short term moving average and has registered a breakout from downward sloping trend line. * Following price action and uptick in volumes, we believe bullish tone to continue. * Thus, traders can consider longs in the mentioned range.   Buy HDFC Life Insurance Ltd CMP 710...
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 765 - Religare Broking
Stock of the day : HDFC Life Insurance Ltd For Target Rs. 765 - Religare Broking
Source: Religare Broking
2024-08-21 10:59:25 am
Buy HDFC Life Insurance Company Ltd For Target Rs.742 By Religare Broking Ltd Single digit growth in premium income: HDFC Life Insurance reported net premium income growth of 9.0% YoY, as the first-year premium and renewal premium reported a good growth of 27.56% YoY and 10.45% YoY, respectively while single premium grew only by 0.62% YoY. Owing to the healthy growth in first year premium Annualized Premium Equivalent (APE) during the quarter grew by 23.1% YoY to Rs 2866 cr while New Business Premium (NBP) grew only by 9.0% YoY to Rs6400 cr. Going forward, the manageme...
Buy HDFC Life Insurance Company Ltd For Target Rs.742 By Religare Broking Ltd
Buy HDFC Life Insurance Company Ltd For Target Rs.742 By Religare Broking Ltd
Source: Religare Broking
2024-08-06 02:47:26 pm
HDFC Life Insurance Company surges despite weakness over Dalal Street HDFC Life Insurance Company is currently trading at Rs. 712.45, up by 5.25 points or 0.74% from its previous closing of Rs. 707.20 on the BSE. The scrip opened at Rs. 681.25 and has touched a high and low of Rs. 714.00 and Rs. 681.25 respectively. So far 101259 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 722.05 on 01-Aug-2024 and a 52 week low of Rs. 511.10 on 04-Jun-2024. Last one week high and low of the ...
HDFC Life Insurance Company surges despite weakness over Dalal Street
HDFC Life Insurance Company surges despite weakness over Dalal Street
Source: Accord Fintech
2024-08-05 03:19:02 pm
Add HDFC Life Insurance Ltd For Target Rs.705 by Yes Securities Management expects APE growth to drive VNB growth Our view – Declining ULIP share to somewhat offset impact from surrender regulation VNB margin – Some factors would serve to offset some of the damage that would be inflicted by the surrender charge regulation: Calculated VNB margin for the quarter degrew by -105bps QoQ and -115bps YoY to 25.1%. There was a positive impact of ~30 bps due to fixed cost absorption, which was more than offset by a negative ~130 bps impact due to...
Add HDFC Life Insurance Ltd For Target Rs.705 by Yes Securities
Add HDFC Life Insurance Ltd For Target Rs.705 by Yes Securities
Source: Yes Securities Ltd.
2024-07-20 09:31:03 am
Buy HDFC Life Insurance Ltd Rs. 750 By Motilal Oswal Financial Services APE up 23% YoY, VNB margins 100bp below estimate Guides for doubling APE/VNB in four years * HDFC Life Insurance (HDFCLIFE) in 1QFY25 reported lower-than-expected VNB margins at 25% (est. 26%), with absolute VNB increasing 18% YoY to INR7.2b (in line with estimate). * Total APE grew 23% YoY to INR28.7b (4% higher than estimates) in 1QFY25 as ULIP/non-par grew 88%/37% YoY. * EV grew 19% YoY to INR496b, while solvency was at 186% vs. 200% in 1QFY24. The company has receive...
Buy HDFC Life Insurance Ltd Rs. 750 By Motilal Oswal Financial Services
Buy HDFC Life Insurance Ltd Rs. 750 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-07-18 05:27:01 pm
LIC shares surge nearly 80 per cent in one year India's largest insurance company, LIC's shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors.   LIC (Life Insurance Corporation of India) share price was Rs 1,101 at 12:30 p.m. on Thursday, which was Rs 620 on July 18, 2023. The company's revenue in the financial year 2023-24 has been Rs 8.46 lakh crore, which was Rs 7.84 lakh crore in the financial year 2022-23. During this p...
LIC shares surge nearly 80 per cent in one year
LIC shares surge nearly 80 per cent in one year
Source: IANS
2024-07-18 02:23:41 pm
Buy HDFC Life Insurance Ltd For Target Rs. 750 By Motilal Oswal Financial Services APE up 23% YoY, VNB margins 100bp below estimate Guides for doubling APE/VNB in four years * HDFC Life Insurance (HDFCLIFE) in 1QFY25 reported lower-than-expected VNB margins at 25% (est. 26%), with absolute VNB increasing 18% YoY to INR7.2b (in line with estimate). * Total APE grew 23% YoY to INR28.7b (4% higher than estimates) in 1QFY25 as ULIP/non-par grew 88%/37% YoY. * EV grew 19% YoY to INR496b, while solvency was at 186% vs. 200% in 1QFY24. The company has received approva...
Buy HDFC Life Insurance Ltd For Target Rs. 750 By Motilal Oswal Financial Services
Buy HDFC Life Insurance Ltd For Target Rs. 750 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-16 02:38:19 pm
HDFC Life Insurance Company gains on reporting 15% rise in Q1 consolidated net profit HDFC Life Insurance Company is currently trading at Rs. 639.45, up by 1.60 points or 0.25% from its previous closing of Rs. 637.85 on the BSE. The scrip opened at Rs. 644.85 and has touched a high and low of Rs. 648.00 and Rs. 633.60 respectively. So far 74921 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 710.60 on 12-Dec-2023 and a 52 week low of Rs. 511.10 on 04-Jun-2024. Last one week high and low of the s...
HDFC Life Insurance Company gains on reporting 15% rise in Q1 consolidated net profit
HDFC Life Insurance Company gains on reporting 15% rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-16 11:06:07 am
Views on HDFC Life Insurance Company Ltd. Q1FY25 Result by Manish Chowdhury, Head of Research, StoxBox Below the Views on HDFC Life Insurance Company Ltd. Q1FY25 Result by Manish Chowdhury, Head of Research, StoxBox   HDFC Life came out with a stable set of numbers, with consolidated net profit rising 15% in the quarter, meeting consensus estimates. The life insurer registered a substantial increase in the number of policies and witnessed an expansion in ticket size. The company’s growth outpaced both the private sector and the overall industry. The growth resurgence was ...
Views on HDFC Life Insurance Company Ltd. Q1FY25 Result by Manish Chowdhury, Head of Research, StoxBox
Views on HDFC Life Insurance Company Ltd. Q1FY25 Result by Manish Chowdhury, Head of Research, StoxBox
Source: StoxBox
2024-07-15 05:52:36 pm
HDFC Life`s `Bridge the Gap` initiative to enhance life insurance awareness HDFC Life, one of India’s leading life insurers, has launched an important initiative to elevate public awareness about life insurance. For several years, HDFC Life has been actively promoting National Insurance Awareness Day, celebrated on 28th June, through various campaigns. Life insurance is a vital element of financial planning, offering essential security and protection against life's uncertainties. Despite its significance, life insurance penetrati...
HDFC Life`s `Bridge the Gap` initiative to enhance life insurance awareness
HDFC Life`s `Bridge the Gap` initiative to enhance life insurance awareness
Source: PR Agency
2024-07-01 12:16:51 pm
Stock of the day : HDFC Life Insurance Ltd. For Target Rs.620 - Religare Broking HDFC Life Insurance Ltd. * HDFCLIFE showing sign of potential trend reversal as its has recorded a breakout from trend reversal pattern. * In the last session, stock rebounded higher taking support near the neckline of the pattern with strong surge in volumes. * Around the similar juncture it has support of its short term moving average i.e. 20 EMA denotes momentum in place. * Traders can consider fresh longs in the mentioned range   BUYHDFC Life Insurance Ltd. ...
Stock of the day : HDFC Life Insurance Ltd. For Target Rs.620 - Religare Broking
Stock of the day : HDFC Life Insurance Ltd. For Target Rs.620 - Religare Broking
Source: Religare Broking
2024-06-26 10:42:45 am
Buy HDFC Life Insurance Ltd For Target Rs.1,676 - Yes Securities Our view – Management flags irrational pricing in the system Margin performance has been soft and guidance in this regard has been cautious: VNB margin for FY24 was 26.3% compared with 27.6% for FY23. Of the 130 bps decline in annual VNB margin, 70 bps is explained by lower operating leverage due to upfronting of Rs 10bn worth of APE in the last quarter of FY23. Another 40 bps decline is explained by higher share of unit-linked products. In terms of margin guidance, the company would...
Buy HDFC Life Insurance Ltd For Target Rs.1,676 - Yes Securities
Buy HDFC Life Insurance Ltd For Target Rs.1,676 - Yes Securities
Source: Yes Securities Ltd.
2024-06-08 11:04:42 am
Neutral HDFC Life Insurance Ltd. For Target Rs.670 - Motilal Oswal Financial Services PAT miss 6% YoY; VNB margin lower than estimates Guides for steady VNB margins * HDFC Life Insurance (HDFCLIFE) in 4QFY24 reported lower-than-expected margins at 26.1% with total APE at INR47.3b (broadly in line with estimates). * Total APE declined 8% YoY to INR47.3b in 4QFY24 as Non-PAR declined 16% YoY; this was offset by a 25% surge in ULIP products. * VNB margins at 26.1% was 60bp lower than expected with absolute VNB flat at INR 12.3b. EV grew 20% YoY to INR475b. * 4QFY24...
Neutral HDFC Life Insurance Ltd. For Target Rs.670 - Motilal Oswal Financial Services
Neutral HDFC Life Insurance Ltd. For Target Rs.670 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-07 11:16:18 am
Buy HDFC Life Insurance Ltd For Target Rs.725 - Yes Securities Our view – Management flags irrational pricing in the system Margin performance has been soft and guidance in this regard has been cautious: VNB margin for FY24 was 26.3% compared with 27.6% for FY23. Of the 130 bps decline in annual VNB margin, 70 bps is explained by lower operating leverage due to upfronting of Rs 10bn worth of APE in the last quarter of FY23. Another 40 bps decline is explained by higher share of unit-linked products. In terms of margin guidance, the company woul...
Buy HDFC Life Insurance Ltd For Target Rs.725 - Yes Securities
Buy HDFC Life Insurance Ltd For Target Rs.725 - Yes Securities
Source: Yes Securities Ltd.
2024-05-29 01:48:30 pm
PE fund Arpwood Partners infuses Rs 680 crore in low-cost home financer Sitara Buyout-focused private equity fund Arpwood Partners on Monday said it has acquired a majority stake in SEWA Grih Rin (Sitara) Ltd with an equity commitment of Rs 680 crore. Sitara is an affordable housing finance company of the Self-Employed Women's Association (SEWA) Group. The company said it has entered into an agreement with Arpwood Partners Fund and some existing shareholders to raise equity capital of Rs 705 crore for financing business growth. Existing investors include Ab...
PE fund Arpwood Partners infuses Rs 680 crore in low-cost home financer Sitara
PE fund Arpwood Partners infuses Rs 680 crore in low-cost home financer Sitara
Source: IANS
2024-05-20 04:26:55 pm
Buy HDFC Life Insurance Ltd. For Target Rs.725 By Emkay Global Financial Services Following a bumper FY23 in terms of APE growth and VNB margin on account of taxation changes, HDFCLIFE reported muted performance in FY24 with a largely flat APE at Rs 132.9bn and VNB declining 4.7% YoY to Rs35.0bn due to 130bps YoY VNB margin contraction to 26.3%. Beyond the sobering headline numbers, a few resets in FY24 that bode well for FY25 are: i) Adjusted for Rs10bn of the extra business in Mar-23, FY24 Retail APE grew 11% YoY. ii) Counter share in HDFC Bank improved to ~63% (+8-10ppt...
Buy HDFC Life Insurance Ltd. For Target Rs.725 By Emkay Global Financial Services
Buy HDFC Life Insurance Ltd. For Target Rs.725 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-05-17 10:29:58 am
Buy HDFC Life Insurance Company Ltd For Target Rs. 725 - Religare Broking Single digit growth in premium income: HDFC Life Insurance reported net premium income growth of 5.7% YoY, as the first-year premium and single premium reported a de-growth of 10% YoY and 7% YoY, respectively while renewal premium grew by 23% YoY. Owing to the de-growth in first year premium and single premium Annualized Premium Equivalent (APE) during the quarter declined by 8.4% YoY to Rs 4,727cr while New Business Premium (NBP) declined by 8.1% YoY to Rs 9,531cr. Going forward, the managem...
Buy HDFC Life Insurance Company Ltd For Target Rs. 725 - Religare Broking
Buy HDFC Life Insurance Company Ltd For Target Rs. 725 - Religare Broking
Source: Religare Broking
2024-04-28 10:35:17 am
Insurance, Life : Weak on high base, by Kotak Institutional Equities Weak on high base A high base has marred growth for private players in March 2024 (down 10% yoy) and 4QFY24 (up 4% yoy). SBI Life saw the least impact from the high base, but reported muted growth, likely reflecting moderation at the parent. ICICI Prudential Life and Max Life likely capitalized on demand from ULIPs and reported 11-13% yoy APE growth in 4QFY24. With pressure on margins, we forecast 1-32% VNB declines for 4QFY24E.  High base affected APE growth in March 2024 and ...
Insurance, Life : Weak on high base, by Kotak Institutional Equities
Insurance, Life : Weak on high base, by Kotak Institutional Equities
Source: PR Agency
2024-04-23 12:48:25 pm
Buy HDFC Life Insurance Ltd For Target Rs.670 - Motilal Oswal Financial Services LtdPAT miss 6% YoY; VNB margin lower than estimates Guides for steady VNB margins PAT miss 6% YoY; VNB margin lower than estimates Guides for steady VNB margins * HDFC Life Insurance (HDFCLIFE) in 4QFY24 reported lower-than-expected margins at 26.1% with total APE at INR47.3b (broadly in line with estimates). * Total APE declined 8% YoY to INR47.3b in 4QFY24 as Non-PAR declined 16% YoY; this was offset by a 25% surge in ULIP products. * VNB margins at 26.1% was 60bp lower than expected with absolute VNB flat at INR 12.3b. EV grew 20% YoY to INR475b. * 4QFY2...
Buy HDFC Life Insurance Ltd For Target Rs.670 - Motilal Oswal Financial Services LtdPAT miss 6% YoY; VNB margin lower than estimates Guides for steady VNB margins
Buy HDFC Life Insurance Ltd For Target Rs.670 - Motilal Oswal Financial Services LtdPAT miss 6% YoY; VNB margin lower than estimates Guides for steady VNB margins
Source: Motilal Oswal Financial Services Ltd
2024-04-19 02:01:01 pm
Buy HDFC Life Insurance Company Ltd For Target Rs 725 - Religare Broking Ltd Single digit growth in premium income: HDFC Life Insurance reported net premium income growth of 5.7% YoY, as the first-year premium and single premium reported a de-growth of 10% YoY and 7% YoY, respectively while renewal premium grew by 23% YoY. Owing to the de-growth in first year premium and single premium Annualized Premium Equivalent (APE) during the quarter declined by 8.4% YoY to Rs 4,727cr while New Business Premium (NBP) declined by 8.1% YoY to Rs 9,531cr. Going forward, the managem...
Buy HDFC Life Insurance Company Ltd For Target Rs 725 - Religare Broking Ltd
Buy HDFC Life Insurance Company Ltd For Target Rs 725 - Religare Broking Ltd
Source: Religare Broking Ltd
2024-04-19 11:47:48 am
HDFC Life logs Rs 1,569 crore PAT, declares final dividend of Rs 2 Private life insurer HDFC Life Insurance Company Ltd closed FY24 with a net profit of Rs 1,569 crore, earning a total premium of about Rs 63,076 crore, against Rs 1,360 crore net profit and a total premium of Rs 57,533 crore in FY23. "Despite the budget changes impacting high ticket sized business this year, we delivered a healthy growth of 20 per cent for Q4 after adjusting for the one-off business of Rs 1,000 crore in March 2023," MD & CEO Vibha Padalkar said. She said t...
HDFC Life logs Rs 1,569 crore PAT, declares final dividend of Rs 2
HDFC Life logs Rs 1,569 crore PAT, declares final dividend of Rs 2
Source: IANS
2024-04-19 09:29:19 am
Views On HDFC Life Insurance Company Ltd. Q4 FY24 Result First Cut - Stable performance; Net profit beats estimates by Shreyansh Shah, Research Analyst, StoxBox Below the Quote on HDFC Life Insurance Company Ltd. Q4 FY24 Result First Cut - Stable performance; Net profit beats estimates by Shreyansh Shah, Research Analyst, StoxBox   HDFC Life came out with a stable set of numbers, with consolidated net profit rising 14% in the quarter which beat consensus estimates. However, the business performance came in short of estimates, with APE and VNB margin declining in the quarter. Net premium income for the quarter stood at Rs. 20,533 crore...
Views On HDFC Life Insurance Company Ltd. Q4 FY24 Result First Cut - Stable performance; Net profit beats estimates by Shreyansh Shah, Research Analyst, StoxBox
Views On HDFC Life Insurance Company Ltd. Q4 FY24 Result First Cut - Stable performance; Net profit beats estimates by Shreyansh Shah, Research Analyst, StoxBox
Source: PR Agency
2024-04-19 09:04:13 am
HDFC Life moves up on tying up with Lokmanya Multipurpose Cooperative Society HDFC Life Insurance Company is currently trading at Rs. 586.80, up by 1.50 points or 0.26% from its previous closing of Rs. 585.30 on the BSE. The scrip opened at Rs. 586.30 and has touched a high and low of Rs. 588.00 and Rs. 582.10 respectively. So far 12400 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 710.60 on 12-Dec-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 moves up on tying up with Lokmanya Multipurpose Cooperative Society
HDFC Life moves up on tying up with Lokmanya Multipurpose Cooperative Society
Source: Accord Fintech
2024-02-15 11:41:48 am
Neutral HDFC Life Insurance Target Rs.700 - Motilal Oswal Financial Services Ltd VNB & APE miss estimates Growth outlook remains steady * HDFC Life Insurance (HDFCLIFE) in 3QFY24 reported lower-than-expected performance with total APE at INR31.9b (missed our estimates by 7.3%). * Total APE declined marginally by 2% YoY to INR31.9b as NonPAR/annuity/term products declined 35%/45%/16% YoY, offset by 74%/96% surge in ULIPs/group products. * VNB margins, at 26.8%, fell 70bp below expectations (missing estimates by 9.6%). Nevertheless, EV grew 20% YoY to INR452...
Neutral HDFC Life Insurance Target Rs.700 - Motilal Oswal Financial Services Ltd
Neutral HDFC Life Insurance Target Rs.700 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-20 10:23:12 am
Add HDFC Life Insurance Target Rs.725 - Emkay Global Financial Services Ltd Focus shifts to FY25 post a muted FY24 Lackluster APE growth in Q3FY24 (-2% YoY; -8% vs. our est.; but known after industry’s monthly update) and our muted expectations for Q4FY24 (- 6%YoY)—due to an abnormally high base of Q4FY23 on account of high-ticket bumper sales—are impelling a flat APE performance in FY24. Against this backdrop, the focus shifts to FY25 growth and margin profile, for which we remain optimistic as the sustained improvement in HDFC Bank channel prod...
Add HDFC Life Insurance Target Rs.725 - Emkay Global Financial Services Ltd
Add HDFC Life Insurance Target Rs.725 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
2024-01-19 10:53:51 am
Buy HDFC Life Insurance for Target Rs.720 - Yes Securities Ltd HDFC Life Insurance Higher market share on HDFC Bank sustains but still does not move the growth needle Result Highlights (See “Our View” below for elaboration and insight) * VNB margin: Calculated post-merger VNB margin grew by 52bps QoQ (comparable) but de-grew -2bps YoY (comparable) to 26.8% * VNB: The post-merger VNB growth was 6.9% QoQ (comparable), aided by both growth in APE and margin expansion * APE: The post-merger APE was Rs 31,910 mn up by 4.8% QoQ (comp...
Buy HDFC Life Insurance for Target Rs.720 - Yes Securities Ltd
Buy HDFC Life Insurance for Target Rs.720 - Yes Securities Ltd
Source: Yes Securities Ltd
2024-01-17 12:49:37 pm
Buy Hdfc Life Insurance Company Ltd. For Target Rs.757 - Religare Broking Ltd Moderation in premium growth, however, margin sustained Subdued top-line growth: HDFC Life Insurance net premium growth remained subdued with a growth of 3.2% QoQ/6% YoY to Rs 15,273 Cr as the company saw muted growth in high ticket size policies. First year premium and Single premium saw decline in YoY growth due to high base effect by 2%/5%. Consequentially, APE/ NBP declined by 12%/3.5% YoY during the quarter. Commission expenses increased by 5% QoQ/80% YoY to Rs 1,247 Cr leading to dec...
Buy Hdfc Life Insurance Company Ltd. For Target Rs.757 - Religare Broking Ltd
Buy Hdfc Life Insurance Company Ltd. For Target Rs.757 - Religare Broking Ltd
Source: Religare Broking Ltd
2024-01-16 12:33:37 pm
India`s HDFC Life posts Q3 profit rise on higher investment income  India's HDFC Life Insurance Company reported a near 16% rise in third-quarter profit on Friday, aided by higher investment income as premium growth moderated. The insurer's profit after tax rose to 3.65 billion rupees ($44.02 million) for the three months ended Dec. 31 from 3.15 billion rupees a year earlier. Investment income is a crucial source of earnings for life insurance companies as the time gap between premiums paid and claims made by customers gives ample time to ...
India`s HDFC Life posts Q3 profit rise on higher investment income
India`s HDFC Life posts Q3 profit rise on higher investment income
Source: Reuters
2024-01-12 04:33:46 pm
HDFC Life and NKGSB Co-operative Bank Enter into a Corporate Tie-up HDFC Life, one of India’s leading insurers, and NKGSB Co-operative Bank Ltd, having a legacy of 106 years, have entered into a Corporate Agency tie-up enabling NKGSB Co-operative Bank customers to avail life insurance products of HDFC Life.   NKGSB Co-operative Bank is a leading multi-state co-operative bank and has always been at the forefront of adding value to its products by establishing correspondent relationships and strategic alliances. Keeping pace with changing times...
HDFC Life and NKGSB Co-operative Bank Enter into a Corporate Tie-up
HDFC Life and NKGSB Co-operative Bank Enter into a Corporate Tie-up
Source: PR Agency
2023-12-21 05:04:19 pm
Stock of the day : Buy HDFC Life Insurance Ltd For Target Rs.745 - Religare Broking HDFC Life Insurance Ltd * Insurance stocks has been showing strong traction, HDFCLIFE is leading from the front. * It rebounded higher finding support around its previous breakout zone. * It has witnessed a breakout from multi-week consolidation range holding above its short term moving average. * We thus recommend creating fresh longs in the mentioned zone. Buy HDFC Life Insurance Ltd  CMP 707.35; Range 706-709; SL 688; Target 745   Please refer d...
Stock of the day : Buy HDFC Life Insurance Ltd For Target Rs.745 - Religare Broking
Stock of the day : Buy HDFC Life Insurance Ltd For Target Rs.745 - Religare Broking
Source: Religare Broking Ltd
2023-12-13 09:51:52 am
Hold HDFC Life Insurance Company Limited Target Rs. 646 - Religare Broking Premium income continues to slide, however, margins improved Decline in net premium income: LIC of India net premium income in Q2FY24 saw a decline of 18.7% YoY to Rs 1.07 Lakhs Cr which was led by single premium decline of 43.4% YoY of 37,955 Cr. Annualized Premium Equivalent (APE) declined by 12.5% YoY to Rs 13,095 Cr mainly due to decline in group premium which declined by 35% YoY. New Business Premium (NBP) too posted de-growth of 36% YoY led by decline of group business premium of 45%...
Hold HDFC Life Insurance Company Limited Target Rs. 646 - Religare Broking
Hold HDFC Life Insurance Company Limited Target Rs. 646 - Religare Broking
Source: Religare Broking Ltd
2023-11-18 11:30:26 am
Stock of the day : HDFC Life Insurance For Target Rs.670 - Religare Broking Ltd HDFC Life Insurance * HDFCLIFE has been in a primary uptrend for over 10 months.   * Price rebounded gradually finding support around its previous resistance zone which coincides with 50 EMA on the weekly chart. * It has surpassed intermediate falling resistance trendline on the daily chart denotes bullish tone to continue.   * We thus recommend creating fresh longs in the mentioned range.    BUY HDFC Life Insurance  BUY CMP 635.95; Ran...
Stock of the day : HDFC Life Insurance For Target Rs.670 - Religare Broking Ltd
Stock of the day : HDFC Life Insurance For Target Rs.670 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-11-16 11:32:06 am
Private Life insurance industry reports strong growth in retail APE for October 2023; expect slowdown in growth during November 2023: Emkay Global Financial Services According to the latest Insurance report from Emkay Global Financial Services, the private life insurance industry clocked a robust 19.8% YoY Retail APE growth in Oct-23, on a favorable base of Oct-22 (up almost 3% YoY, owing to Diwali holidays). Owing to the stronger base of Nov-22 and Diwali festivities this year coming in November, Emkay Global Financial Services expects some slowdown in growth during Nov-23. With private players continuing to log robust growth momentum, the l...
Private Life insurance industry reports strong growth in retail APE for October 2023; expect slowdown in growth during November 2023: Emkay Global Financial Services
Private Life insurance industry reports strong growth in retail APE for October 2023; expect slowdown in growth during November 2023: Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-11-09 05:18:59 pm
India`s SBI Life reports flat Q2 profit as higher expenses weigh India's SBI Life Insurance Co Ltd reported a near-flat quarterly profit on Friday as higher expenses offset a surge in premium income. SBI Life, one of India's largest life insurers, reported profit after tax of 3.8 billion rupees ($45.66 million) for the three months ended Sept. 30, compared with 3.77 billion rupees a year earlier. Net premium income rose 21.7% to 200.5 billion rupees from 164.77 billion rupees, while expenses surged 22.1%, mainly due to higher commissions and ...
India`s SBI Life reports flat Q2 profit as higher expenses weigh
India`s SBI Life reports flat Q2 profit as higher expenses weigh
Source: Reuters
2023-10-27 04:50:49 pm
India`s ICICI Prudential posts 22% Q2 profit rise on higher premium collections India's ICICI Prudential Life Insurance Company on Tuesday reported a 22.4% rise in its second-quarter profit, driven by higher premium collections.The ICICI Bank-backed insurer's profit after tax rose to 2.44 billion rupees ($29.31 million) for the quarter ended Sept. 30, compared with 1.99 billion rupees a year earlier.ICICI Prudential said its net premium income rose nearly 5% in the September quarter, despite the government withdrawing tax incentives on high-value life insurance starting ...
India`s ICICI Prudential posts 22% Q2 profit rise on higher premium collections
India`s ICICI Prudential posts 22% Q2 profit rise on higher premium collections
Source: Reuters
2023-10-18 10:58:37 am
Buy HDFC Life Insurance for Target Rs. 700 - Motilal Oswal Financial Services Growth outlook remains steadyHDFC Life Insurance (HDFCLIFE) reported a decent performance in 2QFY24, with APE in line with our estimates at INR30.5b (up 7% YoY). The company reported a 3.4% miss on VNB and a 40bp miss on VNB margins.  APE rose 7% YoY to INR30.5b, driven by ULIP, term and annuity products while non-PAR declined 30% YoY. VNB increased by 4% YoY (3.4% miss), with margin declining 80bp YoY to 26.2%. EV grew 3% QoQ to INR429b. In 1HFY24, APE/VNB/PAT grew 9%/10%/...
Buy HDFC Life Insurance for Target Rs. 700 - Motilal Oswal Financial Services
Buy HDFC Life Insurance for Target Rs. 700 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial services
2023-10-17 04:21:17 pm
HDFC Life Insurance Company gains on reporting 15% rise in Q2 consolidated net profit HDFC Life Insurance Company is currently trading at Rs. 626.60, up by 1.60 points or 0.26 % from its previous closing of Rs. 625.00 on the BSE.The scrip opened at Rs. 632.15 and has touched a high and low of Rs. 635.00 and Rs. 620.00 respectively. So far 30298 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 scrip stood at Rs. 6...
HDFC Life Insurance Company gains on reporting 15% rise in Q2 consolidated net profit
HDFC Life Insurance Company gains on reporting 15% rise in Q2 consolidated net profit
Source: Accord Fintech
2023-10-16 12:17:44 pm
India`s HDFC Life Insurance Q2 profit rises on strong premium growth India's HDFC Life Insurance Company reported a 15.5% rise in second-quarter profit on Friday as premium collections gained despite increased taxation on high-value life insurance.The Mumbai-based insurer's profit after tax rose to 3.77 billion rupees ($45.30 million) for the quarter ended Sept. 30, from 3.26 billion rupees a year ago, it said in an exchange filing.Its total annualized premium equivalent, a closely-watched gauge of insurance sales, rose 9% during the first half of the fiscal y...
India`s HDFC Life Insurance Q2 profit rises on strong premium growth
India`s HDFC Life Insurance Q2 profit rises on strong premium growth
Source: Reuters
2023-10-13 04:16:29 pm
India`s Bharti Group to buy out French partner AXA`s stake in JV Bharti Group will acquire French insurer AXA's 49% stake in Bharti AXA Life Insurance Co, the Indian conglomerate said on Wednesday, taking full control of a venture that was jointly run for nearly two decades.It was not immediately clear if the deal marks the French insurer's exit from the South Asian country. Meanwhile, Bharti said it was in talks with other investors to scale up the business by partnering or combining with their entities.Bharti and AXA did not immediately respond to Reuter...
India`s Bharti Group to buy out French partner AXA`s stake in JV
India`s Bharti Group to buy out French partner AXA`s stake in JV
Source: Reuters
2023-10-12 10:13:04 am
Innokaiz India zooms on getting purchase order worth Rs 8.07 crore Innokaiz India is currently trading at Rs. 131.50, up by 12.40 points or 10.41% from its previous closing of Rs. 119.10 on the BSE.The scrip opened at Rs. 121.70 and has touched a high and low of Rs. 138.00 and Rs. 120.05 respectively. So far 43200 shares were traded on the counter.The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.60 on 31-Aug-2023 and a 52 week low of Rs. 105.00 on 08-Jun-2023.Last one week high and low of the scrip stood at Rs. 138.00 and Rs...
Innokaiz India zooms on getting purchase order worth Rs 8.07 crore
Innokaiz India zooms on getting purchase order worth Rs 8.07 crore
Source: Accord Fintech
2023-10-10 04:18:21 pm