Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of HDFC Life Insurance, Ujjivan Small Finance Bank and Manappuram Finance 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
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
Performance of Aegis Logistics was marginally below our expectation on volume and profitability front in Q1FY26.
HDFC Life aims for growth and tech transformation in FY26, with a focus on macroeconomic opportunities, despite geopolitical and trade challenges, says Keki Mistry
Vibha Padalkar discusses Q1 margins, policy trends, product mix and regulations
Trading strategies in ICICI Prudential, HDFC Life and ICICI Lombard post Q1 results: Technical charts show that ICICI Pru and ICICI Lombard are favourably placed, while HDFC Life looks tepid.
Technical Outlook on HDFC group shares: Charts suggest HDFC Bank, HDFC Life and HDFC AMC stocks can potentially rally another 14% from here.
The three-year campaign aims to bridge the protection gap and improve life insurance penetration, which fell to 2.8 per cent in FY24 despite industry premium growth
IPO valuations likely to be $7.2 bn, down from $10 bn eyed earlier
Following the earnings announcement, the company's share price closed nearly 8 per cent higher than the previous day's close
The value of new business (VNB) rose 8.6 per cent YoY to Rs 930 crore in Q3 FY25, compared to Rs 856 crore in the same period last year
HDFC Life Insurance on Wednesday said the insurer plans to raise Rs 1,000 crore through non convertible debentures to fund business growth. The decision to this effect was taken by the Capital Raising Committee (CRC) of the HDFC Life Insurance Board, the insurer said in a regulatory filing. The fund would be raised through unsecured, rated, listed, subordinated, redeemable, fully paid up, non cumulative, non convertible debentures (NCDs) for an aggregate nominal value of Rs 1,000 crore on a private placement basis, it said. The debenture of tenure 10 years would carry a coupon rate of 8.05 per cent per annum, it said. "The debentures proposed to be issued shall neither be secured nor covered by a guarantee of the company or other arrangements that legally or economically enhance the seniority of the claims as against the claims of the company's policyholders and all other creditors," it said. The debentures shall be listed on the WDM (Wholesale Debt Market) segment of the National
The GST Council has announced the formation of a new Group of Ministers to review the issue of GST rate reduction on health insurance.
Star Health, ICICI Lombard, ICICI Pru Life, SBI Life and HDFC Life stocks have zoomed up to 28% so far in the September quarter. Time to keep track of these key pivot points as per technical charts.
We don't believe in fire sale, says Vibha Padalkar
Technical charts suggest that bias for insurance shares, barring Star Health, remain upbeat; hence, these stocks could see up to 12 per cent further upside from current levels.
As India marches forward to join the ranks of developed nations, the demand for long-term savings, protection and annuity products will only accelerate, believe life insurers.
Insurance stocks to buy: In the immediate future, analysts said the revised surrender charges regulations, as and when they are announced, will be vital for growth trajectory in FY25
The company said that it has appointed Keki M Mistry as the chairman of the Board