Shares Fall 4%, Analysts’ Recommendations

Shares of HDFC Life Insurance Company fell as much as 4% to Rs 581 in Friday’s intraday trading on BSE after the March quarter results.The company reported a 14% growth in its consolidated net profit at Rs 412 crore for the quarter ended March 2024. It was Rs 362 crore in the year-ago period. Meanwhile, the net premium income for the same period increased by 5% to Rs 20,534 crore as against Rs 19,469 crore in the last year period.Despite the budget changes impacting high ticket-sized…
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Source: https://m.economictimes.com/markets/stocks/news/hdfc-life-q4-results-shares-fall-4-analysts-recommendations/amp_articleshow/109422505.cms