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HDFC Life Insurance Company Ltd extends losses

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Capital Market

HDFC Life Insurance Company Ltd is quoting at Rs 575.7, down 0.26% on the day as on 13:24 IST on the NSE. The stock tumbled 21.98% in last one year as compared to a 13.14% rally in NIFTY and a 29.13% spurt in the Nifty Financial Services index.

HDFC Life Insurance Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 575.7, down 0.26% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 12134.05. The Sensex is at 41316.83, down 0.34%.HDFC Life Insurance Company Ltd has lost around 6.63% in last one month.Meanwhile, Nifty Financial Services index of which HDFC Life Insurance Company Ltd is a constituent, has eased around 1.06% in last one month and is currently quoting at 14578.85, down 0.67% on the day. The volume in the stock stood at 19.05 lakh shares today, compared to the daily average of 25.45 lakh shares in last one month.

 

The PE of the stock is 86.37 based on TTM earnings ending December 19.

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First Published: Feb 14 2020 | 1:35 PM IST

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