HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 137562.75 Crore) operating in Financial Services sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 287.62 Crore, down -19.97 % from last quarter Total Income of Rs 359.41 Crore and up .07 % from last year same quarter Total Income of Rs 287.42 Crore. Company reported net profit after tax of Rs 263.44 Crore in latest quarter.
Investment Rationale
A reversal expected from the important support zone on the daily chart as the previous move specifies every decline in stock is bought into by the bulls.
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.
