BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Choice Broking Recommends Hold On HDFC Life Insurance
HDFC life has readily improved its share of protection over the years from 7% in 2016 to 17% in 2020, which has aided the company in growing its margins to 25.9% in FY20. Demand for pure protection policies has increased during the pandemic. While we anticipate this surge in demand to subside over time, we remain confident that the overall share of protection will continue to rise leading to further improvements in margins," Choice Broking said in a report.