India's HDFC Life Insurance falls for sixth straight week

Sbi Life Insurance

13/12/2024 10:05

** Shares of HDFC Life Insurance Co  HDFL.NS  up 0.9% at
632.15 rupees but down 0.7% for the week
    ** Stock on track for its sixth straight weekly loss — the
longest since February 2020
    ** Average rating of analysts covering HDFL is "buy"; peers
ICICI Prudential Life Insurance  ICIR.NS  and SBI Life Insurance
 SBIL.NS  both rated "buy" too
    ** Median PT for HDFL is 810 rupees - LSEG data
    ** Stock down ~2% so far this year, ICIR is up ~28% and SBIL
is down ~0.3%
    ** YTD, Nifty 50 index  .NSEI  and Nifty Financial Services
index  .NIFTYFIN  up ~14% and ~16%, respectively

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))