BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Nomura Maintains 'Neutral' Rating On HDFC Standard Life Insurance
According to Nomura, HDFC Standard Life Insurance annualised premium equivalent growth, stable persistency and stable VNB (value of new business) margins lead to its steady performance in Q3. The current valuation is expensive and does not fully factor in the risks of a higher tax rate and product regulatory changes, the brokerage adds.