Kunal Shah technical analyst at Mirae Asset ShareKhan believes that ICICI Prudential Life stock is favourably placed on charts compared to HDFC Life. Here's why he explains.
The insurer reported an 11 per cent year-on-year (Y-o-Y) growth in annualised premium equivalent (APE) at ₹3,970 crore for Q3FY26, broadly in line with industry growth and analyst expectations.
The company's expenses rose 30.03 per cent YoY to ₹4,532.68 crore, with net commission expenses rising 17.55 per cent YoY to ₹2,272 crore
Q3FY26 company results: Firms including Alok Industries, Angel One, South Indian Bank, Nelco, and Smartworks Coworking are also to release their October-December earnings reports today
Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of HDFC Life Insurance, Ujjivan Small Finance Bank and Manappuram Finance today
HDFC Life sees 50% surge in retail term sales after GST cut; CEO Vibha Padalkar outlines margin recovery, product mix shift, and strategies to offset ITC impact
On the bourses, HDFC Life share price tumbled up to 4.61 per cent to hit an intraday low of ₹726.15 per share.
Stocks to watch today: Angle One, KEI Industries, Jyoti Structures and KEC International are among other top stocks to track today:
Net profit rises to Rs 447 crore; APE up 8.6% and VNB grows 7.6% even as GST exemption impacts margins and investment income
The insurer's net profit rose 3.3% year-on-year to 4.47 billion rupees for the quarter ended September 30
Stocks to watch today: Kolte-Patil, Saatvik Green, Thyrocare, Persistent Systems are among other top stocks to track.
Q2FY26 company results: HDFC Asset Management Company, HDB Financial Services, Angel One, Tata Communications, and Delta Corp are also to release their July-September quarter earnings reports today
Private life insurers' individual annualised premium equivalent (APE) increased at a moderate 7.7 per cent year-on-year (Y-o-Y), whereas LIC's individual APE fell 31.8 per cent Y-o-Y
Robust group segment performance led by LIC and private players drives 14.8 per cent year-on-year growth in new business premium for life insurers
Apart from Nifty, 1 in every 4 stocks traded on NSE on Sept 4 recorded the day's high at open, and closed near the day's low; thus forming a 'Bearish Marubozu' candlestick pattern on the daily chart.
While the market was anticipating a cut in GST rates for term and health policies, analysts at JM Financial said, the exemption on savings-oriented life products came as a positive surprise.
Performance of Aegis Logistics was marginally below our expectation on volume and profitability front in Q1FY26.
The confusion whether the likely 5 per cent GST rate on insurance premiums will make the policies cheaper or not has worried investors
Persistency is the proportion of life insurance business renewed from the business underwritten. The ratio is measured in terms of number of policies and premiums underwritten
Private sector life insurers, including SBI Life, ICICI Prudential Life, and HDFC Life, see a moderation in ULIP business growth in Q1 FY26