HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 137060.80 Crore) operating in Financial Services sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 219.37 Crore, down 37.84 % from last quarter Sales of Rs 352.92 Crore and down 2.53 % from last year same quarter Sales of Rs 225.06 Crore. Company reported net profit after tax of Rs 327.83 Crore in latest quarter.
Investment Rationale
A bullish flag breakout and a faster retracement of the last falling segment and RSI in buy mode
Promoter/FII Holdings
Promoters held 60.4 per cent stake in the company as of Sept 30, 2020, while FIIs held 23.4 per cent, DIIs 7.3 per cent and public and others 8.8 per cent.
