 "HDFC Life to raise exposure to capital goods stocks on govt infra push")
HDFC Standard Life Insurance Company rallied 5% to Rs 450, extending its 11% surge in past one week on the National Stock Exchange (NSE). The stock is trading at its highest level since listing on November 17, 2017, up 55% against issue price of Rs 290 per share.
Consequentially, the market capitalization (market-cap) of the life insurance company crossed Rs 900 billion in intra-day trade, which is higher than at least 19 Nifty50 companies. These companies include Adani Ports and Special Economic Zone, Gail (India), Eicher Motors, Hero MotoCorp, Tata Steel and Hindalco Industries.
HDFC Standard Life Insurance
Consequentially, the market capitalization (market-cap) of the life insurance company crossed Rs 900 billion in intra-day trade, which is higher than at least 19 Nifty50 companies. These companies include Adani Ports and Special Economic Zone, Gail (India), Eicher Motors, Hero MotoCorp, Tata Steel and Hindalco Industries.
HDFC Standard Life Insurance
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