HDFC Standard Life Insurance

Following the deal, shares of HDFC Life spurted 5.43% to hit their 52-week high of Rs 643.50 in intra-day trade the BSE

With the market-cap of Rs 961.21 billion at 02:39 pm; HDFC Life stood at number 30th position in overall market-cap ranking, surpasses BPCL and Mahindra & Mahindra.

HDFC owns 61.41 per cent stake in HDFC Standard Life and Standard Life has about 34.86 per cent, while the remaining is with employees and PremjiInvest

Last week, HDFC Standard Life Insurance Company decided to list its shares through an IPO