HDFC Life Insurance Company Ltd is quoting at Rs 504.7, up 1.46% on the day as on 12:49 IST on the NSE. The stock is down 3.38% in last one year as compared to a 0.13% drop in NIFTY and a 7.73% drop in the Nifty Energy index.

HDFC Life Insurance Company Ltd spurts 1.46%, up for third straight session

Reliance Industries tested its key support of Rs 2,200 after breaking below the Rs 2,300-mark. The stock has recovered a bit and one can expect a decent rally on the counter ahead.

Reliance Industries, ZEEL, HDFC Life Insurance: How should you trade these stocks

Based on the OI percentage, as many as 78 stocks were on the short-covering list, including SBI Life Insurance Company, Adani Enterprises, Bajaj Finance, LIC Housing Finance, and HDFC Life Insurance Company.

Trade setup for Thursday: Top 15 things to know before the opening bell

HDFC Life Insurance Company Ltd is quoting at Rs 480.5, down 1.72% on the day as on 13:19 IST on the NSE. The stock tumbled 20.35% in last one year as compared to a 3.03% rally in NIFTY and a 4.26% spurt in the Nifty Energy index.

HDFC Life Insurance Company Ltd down for fifth straight session

Life insurance companies came under pressure after the Union Budget 2023 proposed to limit income tax (I-T) exemption from proceeds of insurance policies in certain cases.

HDFC Life Insurance shares hit fresh 52-week low, down 18% in 4 sessions

Based on the OI percentage, a short build-up was seen in 58 stocks including Birlasoft, Adani Ports, ACC, Coromandel International, and HDFC Life Insurance Company.

Trade setup for Friday: Top 15 things to know before the opening bell

Shares of ICICI Prudential Life Insurance plunged 10.97 per cent to Rs 402.55. HDFC Life Insurance tanked 10.96 per cent to Rs 515.50.

LIC, SBI Life, HDFC Life plunge up to 11% post Budget. Here’s why

ICICI Direct is bullish on HDFC Life Insurance recommended buy rating on the stock with a target price of Rs 690 in its research report dated January 22, 2023.

Buy HDFC Life Insurance; target of Rs 690: ICICI Direct

Emkay Global Financial is bullish on HDFC Life Insurance has recommended buy rating on the stock with a target price of Rs 700 in its research report dated January 21, 2023.

Buy HDFC Life Insurance; target of Rs 700: Emkay Global Financial

Motilal Oswal recommended Neutral rating on HDFC Life Insurance with a target price of Rs 670 in its research report dated January 21, 2023.

Neutral HDFC Life Insurance; target of Rs 670: Motilal Oswal

Coforge, Atul, Tanla Platforms and RBL Bank, HDFC Life Insurance, Bandhan Bank, JSW Energy and Petronet LNG will report their December quarter results today.

RIL, JSW Steel, LTIMindtree, Tanla Platforms, Atul Q3 results today; Heritage Foods to turn ex-rights

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

HDFC Life Insurance Company provides various individual and group insurance solutions across India such as term insurance plan, women's plan, health insurance plans, pension plans for retirement planning, child education plans, ULIPs etc

HDFC Life Insurance Company Ltd