Wednesday, 20 March 2019
BREAKING NEWS

Buy HDFC Standard Life Insurance Company, target Rs 420: Kunal Bothra – Economic Times

Independent analyst Kunal Bothra has a buy call on HDFC Standard Life Insurance Company Ltd. with a target price of Rs 420. The current market price of HDFC Standard Life Insurance Company Ltd. is Rs 406.6. Time period given by analyst is Intra Day when HDFC Standard Life Insurance Company Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 395. HDFC Standard Life Insurance Company Ltd., incorporated in 2000, is a largecap company with a market cap of Rs 82021.66 crore.

HDFC Standard Life Insurance Company Ltd. key Products/Revenue Segments include Other Services which contributed Rs 1002.20 Crore to Sales Value (78.14 % of Total Sales) and Income From Investment which contributed Rs 280.26 Crore to Sales Value (21.85 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 234.07 Crore, down -26.85 % from last quarter Sales of Rs 319.97 Crore and up 16.35 % from last year same quarter Sales of Rs 201.17 Crore Company has reported net profit after tax of Rs 286.98 Crore in latest quarter. The company’s top management includes Dr.J J Irani, Mr.AKT Chari, Mr.Deepak Parekh, Mr.Gerry Grimstone, Mr.James Aird, Mr.Keki M Mistry, Mr.Ketan Dalal, Mr.Norman Keith Skeoch, Mr.Prasad Chandran, Mr.Ranjan Mathai, Mr.Rushad Abadan, Mr.Sumit Bose, Mr.Suresh Badami, Mr.V K Viswanathan, Ms.Renu Sud Karnad, Ms.Vibha Padalkar. Company has Price Waterhouse Chartered Accountants LLP as its auditoRs As on 30-09-2018, the company has a total of 2,013,907,962 shares outstanding.

Source: https://economictimes.indiatimes.com/markets/stocks/recos/buy-hdfc-standard-life-insurance-company-target-rs-420-kunal-bothra/articleshow/67481176.cms

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