 "HDFC Life to raise exposure to capital goods stocks on govt infra push")
HDFC Standard Life Insurance Company hit a new high of Rs 547, up 5% on the BSE in intra-day trade on Monday, in otherwise subdued market.
Since April 18, post January-March quarter (Q4FY18) results, the stock of insurance company outperformed the market by surging 11% against 3.3% rise in the S&P BSE Sensex. The stock zoomed 89% against its issue price of Rs 290 per share.
With the market-cap of Rs 1.08 trillion at 02:37 pm; HDFC Standard Life stood at number 27th position in overall market-cap ranking, the BSE data shows. The company surpassed Vedanta, Bajaj Finance
Since April 18, post January-March quarter (Q4FY18) results, the stock of insurance company outperformed the market by surging 11% against 3.3% rise in the S&P BSE Sensex. The stock zoomed 89% against its issue price of Rs 290 per share.
With the market-cap of Rs 1.08 trillion at 02:37 pm; HDFC Standard Life stood at number 27th position in overall market-cap ranking, the BSE data shows. The company surpassed Vedanta, Bajaj Finance
