Tue, Jul 16, 2024
Global brokerages have revised their stance on HDFC Life after the company reported its Q1 results. Here is what brokerages recommend. (DISCLAIMER: The views and investment tips expressed by investment experts on zeebiz.com are their own and not those of the website or its management.
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Thu, Apr 18, 2024
HDFC Life Insurance earned a total income of Rs 27,893 crore in the fourth quarter, reporting a 14.7 per cent rise in net profits.
Fri, Jul 21, 2023
Addressing the company's 23rd annual general meeting, Deepak Parekh, who till June 30 was the chairman of HDFC which got merged with HDFC Bank, said several changes that the regulator Irdai is proposing would enhance insurance penetration, facilitate sustainable growth and ease the operating environment.
Mon, Sep 06, 2021
HDFC Life Insurance shares continued to decline for the second day on trade today on the back of deal with Exide Life Insurance.
Fri, Sep 03, 2021
Exide Industries’ share price jumped around 14 per cent to hit a day’s high of Rs 202.95 per share on the BSE intraday trade on Friday. The surge in the parent company is mainly due to its 100 per cent stake sale of insurance business to HDFC Life Insurance, which was announced through exchanges.
Mentioning that the future for Exide Industries is exciting, Zee Business Managing Editor Anil Singhvi said that for HDFC Life Insurance and Exide Life Insurance, it is a win-win deal. However, it turns out to be more fruitful for Exide as it sold its insurance arm business above valuations, said the Market Guru.
In an apparent Zee Business newsbreak confirmed, HDFC Life Insurance on Friday announced the acquisition of 100 per cent of the share capital of Exide Life Insurance Company for Rs 6,687 crore.
Tue, May 11, 2021
Sharekhan preferred picks are Max Financial (holding company of Max Life Insurance), Bajaj Finserv (holding company of Bajaj Allianz Life), HDFC Life, and ICICI Prudential. Sharekhan believes these companies have a strong balance sheet, are well capitalised (for the long term), have healthy operating metrics, and are well placed to ride over challenges
Tue, Apr 27, 2021
Amid muted performance in quarter four earnings, brokerage firms predict a mixed call option for the HDFC Life Insurance shares. The insurance company reported a rise of over two per cent in Q4 profit on Monday on the back of a surge in the covid cases in the country.
Motilal Oswal says HDFC Life remains focused on maintaining a balanced product mix across the business, with an emphasis on product innovation and superior customer service. However, in the near term, the Non-PAR and PAR segments are likely to see healthy growth, while ULIP also continues to recover
Mon, Jan 25, 2021
For Q3 FY21, HDFC Life Insurance results were mixed, with operational results coming below estimates, but gain in market share with NBM margins improvement sequentially was encouraging, indicating steady recovery from the impact of Covid-19. Better premium recovery mom helped HDFC Life Insurance post market share gain in 9M FY21 to 16.4%, up 214 bps yoy.
Wed, Nov 25, 2020
Most private banks (PBs) and NBFCs reported improvement in collection efficiency, especially in the tail months of Q2 and most banks guided for low restructuring levels. The quarter saw an uptick in NII growth (helped by fall in cost of funds) and incremental normalising of disbursement (especially recovery in retail disbursements), with certain segments reaching pre-COVID levels.
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