HDFC Life Insurance is currently trading at RS. 653.80, marking a significant gain of 59.55 points or 10.02% from its previous close of RS. 594.25 on the BSE.
The stock opened at RS. 623.05 and reached an intraday high of RS. 657.80, with the low remaining at the opening price. A total of 843,757 shares have been traded on the counter so far.
This BSE group 'A' stock, with a face value of RS. 10, recorded its 52-week high of RS. 760.95 on September 3, 2024, and a 52-week low of RS. 511.10 on June 4, 2024. Over the past week, the stock's high and low stood at RS. 660.55 and RS. 584.65, respectively. The company's current market capitalization is approximately RS. 1,40,750.25 crore.
The shareholding pattern indicates that 50.34% is held by promoters, while institutions and non-institutions hold 38.87% and 10.80%, respectively.
In financial performance, HDFC Life Insurance reported a 13.66% increase in standalone net profit, reaching RS. 414.94 crore for the third quarter ending December 31, 2024, compared to RS. 365.06 crore in the corresponding quarter last year. The company's net premium income rose by 10.08%, amounting to RS. 16,771.26 crore for Q3FY25, up from RS. 15,235.33 crore in the same period last year.
On a consolidated basis, the company's net profit increased by 14.63% to RS. 421.31 crore in Q3FY25, compared to RS. 367.54 crore a year earlier. Consolidated net premium income also grew by 10.20%, reaching RS. 16,831.84 crore, compared to RS. 15,273.25 crore in the same quarter of the previous year.