Price To Earnings Ratio 0.00 | Sector PE 22.66 |
PB Ratio 9.70 | Sector PB 6.31 |
EPS 0.00 | Dividend Yield 0.32 |
Today's Volume 7.383 M | 5 Day Avg. Volume 8.369 M |
PEG Ratio 0.00 | Market Cap. ₹ 1,40,000.00 Cr. |
Time | HDFCLIFE | VS | Industry |
---|---|---|---|
1 Day | 2.57% | 1.74% | |
1 Week | -3.96% | 2.42% | |
1 Month | -9.9% | -2.49% | |
6 Months | 26.26% | 5.93% | |
1 Year | -4.28% | 5.86% |
Period (Days) | SMA | Indication |
---|---|---|
10 | 655.11 | Bearish |
20 | 672.42 | Bearish |
30 | 684.69 | Bearish |
50 | 695.28 | Bearish |
100 | 693.46 | Bearish |
200 | 627.48 | Bullish |
Annual | FY 2024 | FY 2023 | FY 2022 | ||||
---|---|---|---|---|---|---|---|
Operating Activities | 10721.35 | 6883.17 | 5942.54 | ||||
Investing Activities | -13616.72 | -10087.38 | -806.95 | ||||
Financing Activities | -403.38 | 1984.71 | -238.19 | ||||
Net Cash Flow | -3298.76 | -1219.50 | 4897.40 |
All Figures in ₹ Cr., unless mentioned otherwise
Name | 1D (%) | 1W (%) | 1M (%) | 6M (%) | 1Y (%) |
---|---|---|---|---|---|
HDFC Life Insurance Company | 2.57 | -3.96 | -9.9 | 26.26 | -4.28 |
General Insurance Corporation of India | 2.05 | 4.72 | 11.37 | -3.4 | 21.65 |
SBI Life Insurance Company | 0.47 | -2.98 | -10.72 | 2.17 | 0.27 |
ICICI Prudential Life Insurance Company | -1.31 | -0.45 | -8.43 | 24.63 | 25.73 |
ICICI Lombard General Insurance Company | 3.31 | 5.24 | 2.26 | 15.72 | 32.73 |
Founded in 2000, HDFC Life was the first private insurance company in India. Over the past two decades, they have expanded their operations and now provide protection, pension, savings, investment, annuity, and health services to individuals with their strong network of 421 branches nationwide.
This growth happened as HDFC Life Insurance Company Ltd. branched out to provide different services to its customers, such as HDFC Pension Management and HDFC International Life and Re Company.
It has been recognised with several prestigious awards, such as the Business Today—Money Today Financial Services Awards 2020.
In this article, we delve into the history and operations of HDFC Life Insurance Company Ltd. and, most importantly, provide a detailed HDFC life share price forecast.
HDFC Life Insurance Company Limited, a shining star in India’s life insurance sector, offers a diverse range of individual and group life insurance opportunities.
Its comprehensive life insurance plans, including term insurance, whole life insurance, ULIP, retirement plans, child insurance plans, savings and investment plans, and group insurance plans, have been instrumental in its growth.
At the heart of HDFC Life Insurance Company Limited is a commitment to innovation. They strive to provide innovative products and services that empower individuals to live a ‘Life of Pride.’ By offering complete solutions to cover the three key risks of mortality, morbidity, and longevity, they are redefining the insurance landscape.
Their long product mix, focus on innovation, and diversified distribution, all powered by technology, have been the pillars of their success in delivering life insurance schemes to the public for over two decades.
Their agile framework for multi-tie distribution contributes to adding more partners. Additionally, they leverage technology to provide a range of digital solutions that are 100% contactless and paperless. HDFC Life Insurance Company Limited is strengthened by its values of excellence, people engagement, integrity, customer centricity, and collaboration.
In 2023, the HDFC Life Insurance company wrote over 575 billion Indian rupees worth of total insurance premiums in India.
India has lately seen a rise in the number of insurance policies, with growing awareness about the need for insurance and its positioning as a secure long-term investment. The insurance industry is further expected to rise in the years to come with a growing population, changing economic situations, and better awareness.
Additionally, the rising costs of healthcare are making people opt for insurance policies in a positive light and as a prudent choice. The government of India is also promoting insurance companies by adopting several regulatory changes. Lastly, with the rise of technology-friendly options for starting life insurance, such as no-contact and paperless solutions, the demand for insurance has increased.
All these factors together make insurance a promising investment industry that can provide good returns in the future. This is why the HDFC life share price is expected to rise and is a lucrative investment opportunity.
The major players in the insurance sector besides HDFC Life Insurance Company are:
The HDFC Life Insurance Company Limited is a joint venture of Standard Life Aberdeen, a global investment company, and HDFC Ltd., a leading housing finance solution in India. Here is the company's history that has influenced the HDFC Life share price.
Pros
Cons
Here’s a summary of HDFC Life Insurance Limited’s financial information as of May 2024:
Metric |
Value |
---|---|
Rs. 1,23,184+ cr |
|
Book value |
Rs. 73.89 (Per share) |
0.35 % |
|
8.54 % |
|
9.6% |
|
Rs. 10 |
Here’s a concise summary of HDFC Life Insurance Limited’s shareholding pattern as of March 2024 :
Let’s compare HDFC Life Insurance Limited with its peers, with complete data available. Here’s a concise table:
Metric |
HDFC Life Insurance Ltd. |
ICICI Prudential Life Insurance Co. Ltd. |
SBI Life Insurance Co. Ltd. |
New India Assurance Co. Ltd. |
---|---|---|---|---|
21.93 |
21.93 |
21.93 |
46.48 |
|
P/B ratio |
7.75 |
9.10 |
11.18 |
2.94 |
Dividend yield (Avg.) |
0.35 |
0.10 |
0.19 |
0.86 |