INSUBCONTINENT EXCLUSIVE:
Shrikant Chouhan of Kotak Securities Limited has a buy call on HDFC Life Insurance Company Ltd
with a target price of Rs 615.0
The current price of HDFC Life Insurance Company Ltd
is Rs 582.95 Time period given by the analyst is Intra Day when HDFC Life Insurance Company Ltd
price can reach defined target
Shrikant Chouhan recommended to keep a stoploss at Rs 570
HDFC Life Insurance Company Ltd., incorporated in 2000, has a market cap of Rs 117650.27 crore.
HDFC Life Insurance Company Ltd
key Products/Revenue Segments include Amount transferred from Policyholder Account which contributed Rs 1206.90 Crore to Sales Value (74.71
% of Total Sales), Interest, Dividend - Rent which contributed Rs 304.90 Crore to Sales Value (18.87 % of Total Sales), Profit/Loss on
Sale/Redemption of Investments which contributed Rs 114.13 Crore to Sales Value (7.06 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 225.06 Crore, down -37.53 % from last quarter Sales
of Rs 360.26 Crore and down -5.19 % from last year same quarter Sales of Rs 237.38 Crore Company has reported net profit after tax of Rs
308.98 Crore in latest quarter
Chandran, Mr.Ranjan Mathai, Mr.Rushad Abadan, Mr.Sumit Bose, Mr.Suresh Badami, Mr.Vish Viswanathan, Ms.Bharti Gupta Ramola, Ms.Renu Sud
Karnad, Ms.Vibha Padalkar
Company has Price Waterhouse Chartered Accountants LLP as its auditors
As on 30-09-2019, the company has a total of 2,017,672,019 shares outstanding.