Company Profile

HDFC LIFE INSURANCE CO LTD.

NSE : HDFCLIFEBSE : 540777ISIN CODE : INE795G01014Industry : InsuranceHouse : HDFC
BSE599.65-8.8 (-1.45 % )
PREV CLOSE (Rs.) 608.45
OPEN PRICE (Rs.) 608.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 66999
TODAY'S LOW / HIGH (Rs.)598.10 613.50
52 WK LOW / HIGH (Rs.)339.15 647.5
NSE599.75 -9 (-1.48 % )
PREV CLOSE(Rs.) 608.75
OPEN PRICE (Rs.) 610.00
BID PRICE (QTY) 599.75 (614 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2164504
TODAY'S LOW / HIGH(Rs.) 598.00 614.00
52 WK LOW / HIGH (Rs.)340 647.6

Company News

Date Heading Details
30-Jul-2020 HDFC Life Insurance Company raises Rs 600 crore through NCDs <p align="justify">HDFC Life Insurance Company has raised Rs 600 crore through Unsecured, Rated, Listed, Subordinated, Redeemable, Fully Paid-up Non-Convertible Debentures (NCDs) and allotted 6,000 NCDs having a face value of Rs 10,00,000 for cash, at par, in dematerialized form, on private placement basis to the identified parties.<p align="justify">The Board of Directors at its meeting held on July 29, 2020 has approved and allotted the same.<p align="justify">HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.</p>
30-Jul-2020 HDFC Life Insurance Company inches up on raising Rs 600 crore through NCDs <div align="justify"><span>HDFC Life Insurance Co is currently trading at Rs. 638.00, up by 0.50 points or 0.08% from its previous closing of Rs. 637.50 on the BSE.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The scrip opened at Rs. 642.00 and has touched a high and low of Rs. 645.00 and Rs. 631.00 respectively. So far 46767 shares were traded on the counter.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 647.50 on 28-Jul-2020 and a 52 week low of Rs. 339.15 on 23-Mar-2020.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Last one week high and low of the scrip stood at Rs. 647.50 and Rs. 612.85 respectively. The current market cap of the company is Rs. 128783.20 crore.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The promoters holding in the company stood at 60.41%, while Institutions and Non-Institutions held 30.84% and 8.72% respectively.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>HDFC Life Insurance Company has raised Rs 600 crore through Unsecured, Rated, Listed, Subordinated, Redeemable, Fully Paid-up Non-Convertible Debentures (NCDs) and allotted 6,000 NCDs having a face value of Rs 10,00,000 for cash, at par, in dematerialized form, on private placement basis to the identified parties.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The Board of Directors at its meeting held on July 29, 2020 has approved and allotted the same.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.</span></font></div><div><br></div>
24-Jul-2020 HDFC Life Insurance gets nod to raise Rs 600 crore via NCDs <p align="justify">HDFC Life Insurance Company's board has considered and approved the proposal for raising of funds through issuance of up to 6,000 Unsecured, Rated, Listed, Subordinated, Redeemable, Fully Paidup Non-Convertible Debentures (NCDs), each having a face value of Rs 10,00,000, for an aggregate nominal value of up to Rs 600 crore only for cash, at par, in dematerialised form, on private placement basis. The said Debentures are proposed to be listed on the WDM segment of the National Stock Exchange of India. The Capital Raising Committee of the Board of Directors of the company in its meeting held on July 23, 2020 has considered and approved the same.</p><p align="justify">HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.<br></p>
24-Jul-2020 Wipro, Maruti Suzuki and Lupin to see some action today <p align="justify"><strong>Wipro</strong> has signed a definitive agreement to acquire 4C, one of the largest Salesforce partners in UK, Europe and the Middle East. This acquisition significantly strengthens Wipro's position as a leading provider of Salesforce solutions in these markets. Wipro has a well-established Salesforce business in the Americas, Japan and Australia which was reinforced with the Appirio acquisition in 2016. 4C will be consolidated as part of Wipro's Salesforce practice, which provides market leading solutions globally around multiple Salesforce clouds and its ecosystem of products. </p><p align="justify"><strong>Maruti Suzuki India</strong> has introduced Smartplay Studio Infotainment System in Ignis Zeta MT &amp; AMT variants. The applicable ex-showroom price in Delhi and NCR region are: Ignis Zeta MT at Rs 5,97,820 and Ignis Zeta AMT at Rs 6,44,820. The same is effective from July 23, 2020.</p><p align="justify"><strong>Lupin</strong> has received tentative approval for its Empagliflozin and Linagliptin Tablets, 10 mg/5 mg and 25 mg/5 mg, from the United States Food and Drug Administration (USFDA) to market a generic version of Glyxambi Tablets, 10 mg/5 mg and 25 mg/5 mg, of Boehringer Ingelheim Pharmaceuticals, Inc.&nbsp; Empagliflozin and Linagliptin Tablets are indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus.</p><p align="justify"><strong>Voltas</strong> is going to introduce Onam Celebration Offer for its customers in Kerala. The offer commences on August 1, 2020, and is valid till September 15, 2020. Recognized as the fastest growing consumer durables market in India, Kerala is an important state for the Air Conditioning and Home Appliances brand. As a part of the festive offer, consumers will have the opportunity to win benefits of up to Rs 20,000 on purchase of Voltas and Voltas Beko products. The offer value will depend on various criteria, which includes the product and the model bought.</p><p align="justify"><strong>HDFC Life Insurance Company's</strong> board has considered and approved the proposal for raising of funds through issuance of up to 6,000 Unsecured, Rated, Listed, Subordinated, Redeemable, Fully Paid-up Non-Convertible Debentures (NCDs), each having a face value of Rs 10,00,000, for an aggregate nominal value of up to Rs 600 crore only for cash, at par, in dematerialised form, on private placement basis. The said Debentures are proposed to be listed on the WDM segment of the National Stock Exchange of India. The Capital Raising Committee of the Board of Directors of the company in its meeting held on July 23, 2020 has considered and approved the same.</p><p align="justify"><strong>PNC Infratech</strong> has received Letters of Acceptance (LoA) for the 2 EPC Projects from National Highways Authority of India (NHAI) for an aggregate contract value of Rs 1547.80 crore on July 23, 2020. The first project is for construction of Eight Lane Access Controlled Expressway starting from Junction with NH-47 near Bhamaiya village and ending at Junction with SH-175 in Baletiya village in Panchmahal District section of Delhi - Vadodara Greenfield Alignment in Gujarat. The another project is for construction of Eight Lane Access Controlled expressway starting from junction with SH-63 near Pratap Nagar village and ending at junction with NH-1 near Dodka village of Vadodara District section of Delhi – Vadodara Greenfield Alignment on EPC Mode under Bharatmala Pariyojana in Gujarat. </p><p align="justify"><strong>GAIL (India)</strong> and Carbon Clean Solutions (CCSL) have signed a Memorandum of Understanding (MoU) for exploring project development opportunities in Compressed Biogas (CBG) value chain in India.&nbsp;&nbsp; <br></p>
21-Jul-2020 HDFC Life Insurance planning to raise up to Rs 600 crore via NCDs <p align="justify">HDFC Life Insurance Company is planning to raise up to Rs 600 crore through issue of up to 6,000 unsecured, rated, listed, subordinated, redeemable, non-convertible fully paid-up debentures (NCDs). The company will raise money in one or more tranches, on a private placement basis. The meeting of the capital raising committee (CRC) of the board of directors of the company is scheduled to be held on July 23, 2020 to consider and approved the same. <br></p><p align="justify">HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.<br></p>
21-Jul-2020 HDFC Life Insurance gains on planning to raise up to Rs 600 crore via NCDs <p align="justify">HDFC Life Insurance Company is currently trading at Rs. 620.55, up by 3.40 points or 0.55% from its previous closing of Rs. 617.15 on the BSE.</p><p align="justify">The scrip opened at Rs. 623.80 and has touched a high and low of Rs. 632.50 and Rs. 601.50 respectively. So far 378796 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 646.40 on 31-Oct-2019 and a 52 week low of Rs. 339.15 on 23-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 632.50 and Rs. 589.40 respectively. The current market cap of the company is Rs. 123997.42 crore.</p><p align="justify">The promoters holding in the company stood at 63.69%, while Institutions and Non-Institutions held 27.15% and 9.16% respectively.</p><p align="justify">HDFC Life Insurance Company is planning to raise up to Rs 600 crore through issue of up to 6,000 unsecured, rated, listed, subordinated, redeemable, non-convertible fully paid-up debentures (NCDs). The company will raise money in one or more tranches, on a private placement basis. The meeting of the capital raising committee (CRC) of the board of directors of the company is scheduled to be held on July 23, 2020 to consider and approved the same.</p><p align="justify">HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.</p><p align="justify">&nbsp;</p>
03-Jul-2020 HDFC Life Insurance to replace Vedanta in Nifty 50 index <P align=justify>HDFC Life Insurance Company will be included in the Nifty 50 index, NSE Indices, a subsidiary of the National Stock Exchange (NSE) from July 31, 2020. It will replace Vedanta from NSE's benchmark index Nifty 50 as company proposed voluntary delisting.<BR><P align=justify>HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.<P align=justify><BR>
03-Jul-2020 HDFC Life Insurance trades higher on the bourses <p align="justify">HDFC Life Insurance Company is currently trading at Rs. 575.60, up by 27.65 points or 5.05% from its previous closing of Rs. 547.95 on the BSE.</p><p align="justify">The scrip opened at Rs. 565.00 and has touched a high and low of Rs. 589.65 and Rs. 558.60 respectively. So far 570462 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 646.40 on 31-Oct-2019 and a 52 week low of Rs. 339.15 on 23-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 589.65 and Rs. 532.60 respectively. The current market cap of the company is Rs. 116051.97 crore.</p><p align="justify">The promoters holding in the company stood at 63.69%, while Institutions and Non-Institutions held 27.15% and 9.16% respectively.</p><p align="justify">HDFC Life Insurance Company will be included in the Nifty 50 index, NSE Indices, a subsidiary of the National Stock Exchange (NSE) from July 31, 2020. It will replace Vedanta from NSE's benchmark index Nifty 50 as company proposed voluntary delisting.</p><p align="justify">HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.</p>
06-Jun-2020 UK's Standard Life divests 2% stake in HDFC Life Insurance for Rs 1,985 crore <DIV align=justify>UK's Standard Life has divested nearly 2% stake in HDFC Life Insurance Company for a little over Rs 1,985 crore through open market transactions. The shares were offloaded at an average price of Rs 496.4 each, valuing the transaction at Rs 1,985.6 crore.</DIV><DIV align=justify>&nbsp;</DIV><DIV align=justify>Axis Mutual Fund (MF), Mirae Asset MF, ICICI Prudential MF, Fidelity Investment, Aditya Birla Sun Life MF, Morgan Stanley, Nomura and Societe Generale are among the buyers who picked up shares of the insurance firm.<BR></DIV><DIV align=justify>HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.<BR><BR></DIV>
04-Jun-2020 HDFC sells 2.6 crore shares of HDFC Life Insurance <div align="justify">HDFC Life Insurance Company's promoter -- Housing Development Finance Corporation (HDFC) has sold 2.6 crore shares of the company worth a little over Rs 1,274 crore through an open market transaction. According to bulk deal data available with the BSE, the shares were offloaded on an average price of Rs 490.22 apiece, valuing the transaction at Rs 1,274.57 crore. At the end of the March 2020 quarter, HDFC held 51.44% stake in the company.</div><div align="justify"><br></div><div align="justify">HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings &amp; Investment and Health, along with Children's and Women's Plan.<br><br></div>