HDFC life insurance | Business Upturn

HDFC Bank to invest up to Rs 1,000 crore in HDFC Life Insurance

Yash Agarwal — Thu, 16 Apr 2026 11:09:32 +0000

HDFC Bank has announced its decision to invest up to ₹1,000 crore in the preferential issue of equity shares by its subsidiary, HDFC Life Insurance Company Limited. This strategic move was approved by the bank’s Board of Directors during a meeting held on 16 April 2026.

The investment will be executed in one or more tranches, adhering to the Securities and Exchange Board of India’s (SEBI) regulations on the issue of capital and disclosure requirements. These regulations include specific provisions related to the pricing of equity shares issued on a preferential basis.

HDFC Bank’s investment in HDFC Life Insurance is contingent upon receiving the necessary approvals, including those from the Reserve Bank of India. This initiative aligns with HDFC Bank‘s strategic objectives to bolster its subsidiary’s capital base and support its growth ambitions.

HDFC Life Insurance, being a subsidiary of HDFC Bank, stands to benefit significantly from this capital infusion, which will enhance its financial strength and enable it to pursue new opportunities in the insurance sector.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

[Brokerage updates] Top stocks to watch on October 16: Axis Bank, L&T, HDFC Life, Hyundai, Tata Communications, HDFC AMC, KEI Industries and more

Arunika Jain — Thu, 16 Oct 2025 03:10:20 +0000

Several key stocks will be in focus today, October 16, as top brokerages issued fresh views and target price revisions across banking, auto, financials, and infrastructure names. Axis Bank remains the most discussed stock with multiple global and domestic brokerages reaffirming positive ratings post Q2 earnings, while L&T, HDFC Life, Hyundai Motor India, Tata Communications, HDFC AMC, and KEI Industries also drew bullish commentary.

Brokerages on Axis Bank share:

Brokerages remain overwhelmingly positive on Axis Bank following its strong Q2 performance and improved growth momentum. Jefferies maintained Buy with a target price of ₹1,470, HSBC retained Buy at ₹1,460, Nomura at ₹1,440, DAM Capital at ₹1,370, and Antique raised its target to ₹1,350 from ₹1,300. Emkay (₹1,400), CLSA (₹1,400), and Haitong (₹1,350) also reaffirmed their positive stance, while Bernstein (₹1,250), JP Morgan (₹1,260), MOSL (₹1,180), Systematix (₹1,365), and Ambit (₹1,300) remained neutral. Analysts expect further clarity on asset quality and loan growth trends to drive the next leg of re-rating.

Brokerages on Larsen & Toubro (L&T) share:

Jefferies maintained its Buy rating with a target price of ₹4,345, noting the company has met or exceeded its FY25 revenue, order flow, and margin guidance and is on track to achieve FY26 targets as well. The brokerage expects order inflow growth to remain robust in the second half of the year.

Brokerages on Hyundai Motor India share:

Brokerages turned bullish on Hyundai, citing a strong medium-term growth outlook and product expansion. Morgan Stanley maintained Overweight with a ₹3,066 target, while Nuvama retained Buy with a higher target of ₹3,200. Analysts see Hyundai’s multi-powertrain strategy, MPV and hybrid launches, and Genesis brand foray as key drivers of growth.

Brokerages on Tata Communications share:

The company continues to draw optimism after its consistent digital and data revenue growth. Macquarie maintained Outperform with a target of ₹2,210, Nuvama raised its target to ₹2,235 while maintaining Buy, and CLSA stayed Outperform with a ₹2,100 target. Brokerages highlighted steady margins and strong export demand in the enterprise connectivity segment.

Brokerages on HDFC Life Insurance share:

Jefferies maintained Buy with a ₹930 target, Morgan Stanley retained Overweight at ₹875, while CLSA and Nuvama both stayed positive with ₹910 targets. However, Goldman Sachs trimmed its target to ₹865 but maintained a Buy stance. Analysts see margins normalising from FY27 after the temporary GST impact.

Brokerages on HDFC Asset Management Company (HDFC AMC) share:

Views remained mixed post-Q2 results. Nuvama maintained Buy with a higher target of ₹7,020, while Morgan Stanley raised its target to ₹5,400 with an Equal-weight rating. HSBC recently maintained Hold at ₹4,920, citing a largely in-line operating performance but rich valuations.

Brokerages on KEI Industries share:

Both UBS and Nuvama reiterated bullish calls on KEI Industries, maintaining Buy ratings with target prices of ₹4,750 and ₹4,450 respectively. Morgan Stanley also remains positive (as per earlier note) given strong cable and wire revenue growth, export momentum, and improving margins.

Brokerages on HDB Financial share and L&T Finance share:

Morgan Stanley maintained Equal-weight on HDB Financial with a revised target of ₹805, while MOSL retained a Neutral stance at ₹820. The brokerage also reiterated Underweight on L&T Finance with a ₹143 target, citing slow ROE recovery and expensive valuations.

Brokerages on United Breweries (UBL) share:

Investec maintained a Hold rating with a target of ₹2,081, expecting steady recovery but limited near-term triggers.

Market strategy: CLSA, in its broader India strategy note, observed that India underperformed regional peers as foreign institutional investor (FII) selling continued. The brokerage noted that the Nifty rose just 0.8% in September, ranking as the second-worst performing emerging market after the Philippines.

Overall, brokerages remain upbeat on select large-cap and sectoral leaders such as Axis Bank, L&T, Hyundai Motor India, KEI Industries, Tata Communications, and HDFC Life, while cautioning that valuations remain elevated in parts of the financial sector.

Disclaimer: This article is for informational purposes only and not a recommendation to buy or sell any securities. Brokerage views are based on their respective research reports and publicly available information.

Nifty 50 top gainers today, August 6: Asian Paints, HDFC Life Insurance, Mahindra & Mahindra, Bharat Electronics and more

Aman Shukla — Wed, 06 Aug 2025 10:08:21 +0000

Indian stock markets extended their losing streak for a second consecutive day, with benchmark indices closing lower amid subdued sentiment. The NSE Nifty 50 slipped below the 24,600 mark, settling at 24,574.20, down 75.35 points or 0.31%. Meanwhile, the BSE Sensex dropped 166.26 points or 0.21%, ending the session at 80,543.99.

Despite the overall decline, a few heavyweight stocks stood out with notable gains, helping cushion the fall in broader indices. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day.

Nifty 50 Top Gainers on August 6

Asian Paints closed at ₹2,484.10, up 1.9%.
HDFC Life Insurance ended at ₹752.40, rising 1.9%.
Mahindra & Mahindra settled at ₹3,240.10, gaining 0.9%.
Bharat Electronics finished at ₹389.30, up 0.7%.
Adani Ports & Special Economic Zone closed at ₹1,366.90, higher by 0.7%.
State Bank of India ended at ₹804.80, increasing 0.5%.
HDFC Bank closed at ₹1,987.00, up 0.5%.
Trent settled at ₹5,335.00, up 0.3%.
Hindustan Unilever ended at ₹2,540.00, up 0.2%.
Reliance Industries closed at ₹1,393.00, rising 0.1%.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Nifty 50 top gainers today, April 30: HDFC Life Insurance, Maruti Suzuki India, Bharti Airtel, SBI Life and more

Aman Shukla — Wed, 30 Apr 2025 10:10:58 +0000

The Indian equity market ended a choppy trading session on April 30 with marginal losses. The BSE Sensex closed lower by 46.14 points, or 0.06%, settling at 80,242.24, while the NSE Nifty 50 dipped slightly by 1.75 points, or 0.01%, to end at 24,334.20.

Despite the subdued market trend, several blue-chip stocks delivered strong performances, with HDFC Life Insurance, Maruti Suzuki India, and Bharti Airtel leading the pack of Nifty 50 top gainers. Below is a detailed look at the top gainers of Nifty 50 (as per Trendline) for the day.

Nifty 50 Top Gainers on April 30

HDFC Life Insurance closed at ₹743.7, up 4.0%.
Maruti Suzuki India closed at ₹12,218.0, up 3.2%.
Bharti Airtel closed at ₹1,864.5, up 2.2%.
SBI Life Insurance Company closed at ₹1,761.3, up 1.8%.
Sun Pharmaceutical Industries closed at ₹1,832.3, up 1.5%.
Jio Financial Services closed at ₹260.4, up 1.1%.
Power Grid Corporation closed at ₹305.2, up 0.7%.
Eternal closed at ₹232.5, up 0.6%.
Hindustan Unilever closed at ₹2,335.5, up 0.6%.
HDFC Bank closed at ₹1,920.1, up 0.6%.

Nifty 50 top gainers today on January 7: ONGC, SBI Life Insurance, HDFC Life Insurance and more

Aman Shukla — Tue, 07 Jan 2025 10:09:20 +0000

Indian equity indices ended the trading session on a positive note, with the Nifty and Sensex both registering gains. The Nifty closed at 23,707.90, up by 91.85 points or 0.39%, while the Sensex climbed 234.12 points or 0.30%, ending at 78,199.11.

Among the top performers were Oil and Natural Gas Corporation (ONGC), SBI Life Insurance, and HDFC Life Insurance, which led the charge with impressive gains in the Nifty 50 index. Let’s take a look below at the top gainers (as per Trendlyne) of NIFTY 50 today.

Nifty 50 top gainers today

Name	LTP	Change(%)
Oil And Natural Gas	264.0	3.8%
SBI Life Insurance	1472.2	2.6%
HDFC Life Insurance	620.0	2.3%
Tata Motors	792.5	2.1%
Adani Enterprises	2524.8	2.0%
Reliance Industries	1240.0	1.8%
Hindalco Industries	583.8	1.7%
Bharat Electronics	286.4	1.5%
ICICI Bank	1280.6	1.3%
Nestle India	2209.1	1.1%

Nifty 50 top gainers today on December 4: HDFC Life Insurance, HDFC Bank and Bajaj Finserv lead the rally

Aman Shukla — Wed, 04 Dec 2024 10:14:03 +0000

Indian equity markets continued their upward momentum on December 4, 2024, marking a fourth consecutive session of gains. The Sensex closed up 110.58 points, or 0.14%, at 80,956.33, while the Nifty rose by 10.30 points, or 0.04%, settling at 24,467.45.

Among the key contributors to this rally, top stocks such as HDFC Life Insurance, HDFC Bank and Bajaj Finserv stood out, showing significant gains. Let’s take a look below at the top gainers (as per Trendlyne) of NIFTY 50 today.

Nifty 50 top gainers today

Name	LTP	Change(%)
HDFC Life Insurance	650.0	2.5%
HDFC Bank	1856.8	1.7%
Bajaj Finserv	1630.0	1.4%
Apollo Hospitals Enterprises	7225.0	1.4%
NTPC	372.5	1.4%
Titan Company	3368.0	1.1%
Tata Consultancy Services	4342.0	0.9%
Wipro	294.3	0.9%
Bajaj Finance	6735.0	0.9%
SBI Life Insurance Company	1452.0	0.8%

Nifty 50 top losers today on 6 November: Trent, HDFC Life Insurance, SBI Life Insurance and more

Aman Shukla — Wed, 06 Nov 2024 10:27:58 +0000

The Indian stock market benchmark indices, Sensex and Nifty 50, rose on Wednesday after Donald Trump claimed victory in the 2024 US Presidential election. The Sensex increased 901.50 points, or 1.13%, to close at 80,378.13, while the Nifty gained 270.70 points, or 1.12%, to 24,484.00.

Several key stocks faced notable declines during the day, with Trent, HDFC Life Insurance Company and SBI Life Insurance Company listed as the top underperformers. Take a look below at the top 10 losers (as per Trendlyne) of NIFTY 50 today.

Nifty 50 top losers

Name	LTP	Change(%)
Trent Ltd.	6955.5	-12.90 (-0.2%)
HDFC Life Insurance Company Ltd	708.7	-8.55 (-1.2%)
SBI Life Insurance Company Ltd	1604.0	-29.25 (-1.8%)
Titan Company Ltd.	3177.1	-53.20 (-1.7%)
Asian Paints Ltd.	2897.3	10.00 (0.4%)
Shriram Finance Ltd.	3186.7	24.40 (0.8%)
Sun Pharmaceutical Industries Ltd.	1827.5	23.85 (1.3%)
Bharti Airtel Ltd.	1598.8	20.40 (1.3%)
ICICI Bank Ltd.	1302.4	5.65 (0.4%)
Coal India Ltd.	435.8	0.90 (0.2%)

HDFC Life shares edge up 0.16% ahead of Q2 results, APE and VNB expected to show strong growth

Aditya Bhagchandani — Tue, 15 Oct 2024 05:29:26 +0000

HDFC Life Insurance Company shares were trading 0.16% higher at ₹741.80 as of 10:51 AM on October 15, 2024, ahead of the company’s anticipated Q2 FY25 earnings announcement. The stock gained ₹1.20 in early trading as investors await key financial updates.

HDFC Life Q2 Expectations:
Annual Premium Equivalent (APE): HDFC Life is expected to report a 17-26% YoY jump in APE for the quarter ending September 30, 2024, with estimates ranging between ₹3,550 crore and ₹3,834 crore.

Nuvama expects APE growth at 17% YoY, pegging it at ₹3,550 crore.
Motilal Oswal predicts a more optimistic figure, estimating APE at ₹3,834 crore.
Kotak anticipates APE at ₹3,684 crore, reflecting a 21% YoY growth.
Value of New Business (VNB): Estimates suggest VNB will be between ₹900 crore and ₹978 crore, showing 12-22% YoY growth. Sequentially, APE could increase by 24-34%, while VNB is expected to grow by 25-36%.

Nuvama estimates VNB at ₹900 crore.
Motilal Oswal expects VNB to reach ₹978 crore.
Kotak projects VNB at ₹932 crore, a 16% YoY increase.
VNB Margin:
VNB margin is expected to hover around 25%, slightly down by 100 bps YoY. Investors will be watching for product-level growth, particularly in the protection segment, and guidance on APE and VNB margins for FY25 and the medium term.

The stock movement reflects cautious optimism as investors await the official results and key updates on growth metrics from HDFC Life.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Shares in insurance sector surge after Nitin Gadkari calls for removal of 18% GST on insurance premiums

Aditya Bhagchandani — Wed, 31 Jul 2024 05:51:25 +0000

Union Minister for Road Transport and Highways, Nitin Gadkari, has formally requested Finance Minister Nirmala Sitharaman to eliminate the 18 percent Goods and Services Tax (GST) on life and medical insurance premiums. In a letter dated July 28, Gadkari argued that the tax imposes an undue burden on senior citizens and hampers the growth of the insurance sector.

Gadkari’s appeal highlights the impact of taxing insurance premiums, which he believes unfairly penalizes those seeking financial protection for their families. The minister’s call for tax relief follows a memorandum from the Nagpur Divisional Life Insurance Corporation Employees Union, which has pointed out the challenges faced by the industry due to this tax.

Following Gadkari’s announcement, shares in the insurance sector have experienced a notable uptick –

HDFC Life Insurance Company saw its stock rise by 1.39 percent, reaching ₹707. SBI Life Insurance Company’s shares increased by 1.24 percent to ₹1,742.45. ICICI Lombard General Insurance also saw a boost, with its shares climbing 1.16 percent to ₹1,990.30.

Life Insurance Corporation (LIC) is currently trading at ₹1,182.45, recovering from a day’s low of ₹1,170. Star Health and Allied Insurance Company’s stock is trading at ₹612.

The GST Council, which decides on tax issues, is expected to address this matter in their upcoming meeting in August. The last council meeting was held on June 22.

Stocks to watch today: TCS, Axis Bank, JSW Steel, HDFC Life and others

Aryan Jakhar — Tue, 13 Sep 2022 03:31:30 +0000

The benchmark indices had risen more than 5% the previous session, mirroring upbeat global indications, and the market continued to go north for a third straight session. Every sectoral index finished in the green. For the first time since August 18, the BSE Sensex ended above 60,000, climbing 322 points to 60,115, while the Nifty50 gained 103 points to 17,936.

Stocks in News

Tata Consultancy Services

Tata Consultancy Services has been chosen by C&S Wholesale Grocers, Inc., a market leader in supply chain solutions and wholesale grocery supply in the United States, to create its new operations platform on Google Cloud. By doing this, C&S will lessen its carbon footprint and improve the customer experience.

Gujarat Apollo Industries

A joint venture partnership between the business and PFH BV, situated in Belgium, has been established. They will start selling agriculture and farming equipment and their parts.

HDFC Life Insurance company

Through a block deal, Abrdn Plc is most likely to sell 4.3 crore shares, or 2% of the stock in HDFC Life. According to sources cited by CNBC-TV18, Standard Life was the previous name of Abrdn. Abrdn currently owns 3.72 percent of HDFC Life and has the ability to raise up to $313 million through the sale of shares.

Krishna Institute of Medical Sciences

A 51 percent equity share in Spanv Medisearch Lifesciences was bought by the business (Kingsway Hospitals).

Axis Bank

For the purpose of launching a jointly branded house buyer ecosystem, the private lender established a partnership with real estate platform Square Yards. The “Open Doors” platform will make sure that for customers, the entire process of looking for and purchasing their own dream home is hassle-free, effective, and enjoyable.

JSW Steel

The steel manufacturer revealed that crude steel production increased by 22% to 16.76 lakh tonnes in August of this year. In the same month last year, the privately owned steel giant produced 13.77 lakh tonnes.

Ujjivan Small Finance Bank

Prior to merging with its parent business, the private lender announced its QIP with a floor price of Rs 21.93 per share in order to comply with regulatory requirements. In order to comply with regulatory regulations, the lender announced in February of this year that it would raise up to Rs 600 crore by issuing shares to qualified institutional purchasers.

Happiest Minds Technologies

In order to increase its capacity in the National Capital Region to 450 seats, the IT solutions provider announced the expansion of its Noida campus (NCR). The unveiling comes after Happiest Minds’ acquisition of a 1,600-seat building in Bengaluru in July of this year, which was announced as their new office location.

RBL Bank

The domestic rating agency Icra has reportedly removed a negative outlook from the private sector lender’s rating, while maintaining an overall rating of AA-. Icra has changed the lender’s revised outlook from “rating watch with developing implications” to “stable.”