Insurance News

HDFC Life stocks: Buy HDFC Life Insurance Company, target price Rs 670: Emkay Global

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Emkay Global has buy call on with a target price of Rs 670. The current market price of . is Rs 536.25.

HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 113266.05 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.

Financials

For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 22987.27 Crore, up 237.68 % from last quarter Total Income of Rs 6807.43 Crore and up 11.11 % from last year same quarter Total Income of Rs 20689.53 Crore. Company reported net profit after tax of Rs 329.02 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.

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