Page 6 - Hdfc Life

Street signs: 'Buy the dip' say chartists, rising free-float trade and more

The commentary by technical analysts has moved from 'sell on rallies' to 'buy the dips', with most expecting the bullish momentum, seen over the past three weeks, to sustain

Standard Life sells 1.98% stake in HDFC Life for Rs 1,986 crore

The share sale was conducted at Rs 496.4 per share

UK's Standard Life divests 2% stake in HDFC Life for Rs 1,985 crore

Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year

HDFC offloads 26 million shares worth Rs 1,274 crore of HDFC Life

According to bulk deal data available with the BSE, a total of 26,000,000 shares of HDFC Life Insurance Company were sold by its promoter HDFC

HDFC Life Insurance gains 4% after huge block deals

At 09:40 am, around 26.2 million equity shares, representing 1.3 per cent of total equity of HDFC Life Insurance, changed hands through block deals on the BSE

Covid-19 crisis: Life insurers look to hedge against policy surrenders

As a remedy, life insurers are looking to provide short-term credit - known as bridge loans - to policyholders.

Insurers need to introduce bite-size products: HDFC Life CEO Vibha Padalkar

Coronavirus pandemic will bring a 'paradigm shift in how people view insurance in India', says Vibha Padalkar in an interview.

Broad-based rally possible once Nifty crosses 9,450: Angel Broking

At present, traders are advised to stay light and should ideally continue focusing on individual stocks

Top stock picks by CapitalVia: Buy Shriram Transport Finance, HDFC Life

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

How LIC should be valued

The Life Insurance Corporation differs from its listed peers in a number of ways, and these should be factored into its valuation prior to its proposed initial public offering

HDFC Life reports 2.7% rise in profit before tax at Rs 263.61 crore in Q3

Net premium income saw a 13% rise to Rs 7,854 crore in Q3 versus Rs 6,897 crore in the year-ago quarter

Standard Life sells 5% in HDFC Life for Rs 5,750 cr in open-market deals

Following the deal, shares of HDFC Life spurted 5.43% to hit their 52-week high of Rs 643.50 in intra-day trade the BSE

Standard Life plans to divest up to 4.5% stake in HDFC Life Insurance

From October lows of Rs 575, shares of HDFC Life had gained as much as 8 per cent amid strong buying in shares of private insurers

Standard Life sells 3.3% stake in HDFC Life Insurance for Rs 3,220 crore

Standard Life Mauritius Holdings held 23.02% stake in HDFC Life as on June 30, 2019

HDFC Life surges 9% in 2 days to hit 52-week high on solid Q1 performance

The management has guided for strong APE growth in the next 9 months, depicting its confidence of continuing strong growth in the non-par segment in near to medium term

HDFC Life reports 20% rise in net profit at Rs 913 cr in 9 months of FY19

In Q3 of FY19, the insurer posted profits to the tune of at Rs 245.63 crore, up 18.3 per cent. The company's profit stood at Rs 207.32 crore in the same quarter of 2017

HDFC Life PAT up by 17.4% to Rs 2.87 bn, assets under management grow 14%

Net Premium Income grew by 25.7 per cent from Rs 53.9 billion in Q2 FY2018 to Rs 67.8 billion at the end of Q2 FY2019

HDFC Life Insurance Q2 net profit up 20% YoY at Rs 2.87 billion

HDFC Standard Life Insurance Company (HDFC Life) Tuesday reported 20.3 per cent rise in net profit at Rs 286.98 crore for the quarter ended September 30, 2018. The company's net profit in the year-ago period stood at Rs 238.49 crore. The gross premium income, inclusive of first year, renewal premium and single premium, rose to Rs 6,840.5 crore during the reported quarter. It was Rs 5,636.6 crore in the second quarter of 2017-18, HDFC Life said in a BSE filing. The net premium income increased to Rs 6,777.55 crore as against Rs 5,389.43 crore earlier. On July 20, the Board of Directors approved a proposal to change the corporate name of the company to 'HDFC Life Insurance Company', subject to approval of shareholders and regulators, it said. Vibha Padalkar was appointed as Managing Director & CEO with effect from September 12, the company said. She will continue as the Chief Financial Officer for the interim period till further replacement, it added. On second quarter earnings, .

HDFC Life board to meet on Sep 12 to consider appointment of new MD, CEO

HDFC Standard Life Saturday said its board will meet on September 12 to consider appointment of new MD & CEO of the company after incumbent Amitabh Chaudhry resigned from the post. Chaudhry has been appointed as MD and CEO of Axis Bank for a period of 3 years from January 1, 2019 to December 31, 2021, the bank informed the stock exchanges separately. In a filing to the stock exchanges, HDFC Standard Life said Chaudhry, Managing Director & CEO of the company, has tendered his resignation. "We wish to inform you that meetings of the Nomination and Remuneration Committee and the Board of Directors of HDFC Standard Life Insurance Company are scheduled to be held on Wednesday, September 12, 2018 inter-alia to note the resignation, and consider the appointment of new Managing Director & CEO of the Company ...," the life insurance company said. The appointment will be subject to the approval of shareholders and the Insurance Regulatory and Development Authority of India ...