HDFC Life stocks: Buy HDFC Life Insurance Company, target price Rs 635: ICICI Direct

ICICI Direct has buy call on HDFC Life Insurance Company Ltd. with a target price of Rs 635. The current market price of is Rs 558.25. Time period given by analyst is one year when . price can reach defined target.

HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 117756.54 Crore) operating in Financial Services sector.

HDFC Life Insurance Company Ltd. key Products/Revenue Segments include Premiums Earned and Income From Investment for the year ending 31-Mar-2022.


For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 6807.43 Crore, down -61.88% from last quarter Total Income of Rs 17856.00 Crore and down -54.22% from last year same quarter Total Income of Rs 14871.13 Crore. Company reported net profit after tax of Rs 328.79 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51.52 per cent stake in the company as of 30-Jun-2022, while FIIs owned 28.0 per cent, DIIs 6.58 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouchers for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.… Read the rest

Continue Reading