US EditionHDFC Life Q1 Impact: Top Target Price Sees 19% Return, Brokerages Bullish
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HDFC Life Q1 Impact: Top Target Price Sees 19% Return, Brokerages Bullish
HDFC Life Insurance Co. could remain an attractive proposition for investors, according to brokerages, following its June quarter result, which showed a diversified and agile business model.All but one of the 18 analysts tracking HDFC Life placed a 'buy/accumulate' rating after the first quarter results. Citi has the highest price target of Rs 975, implying a return potential of 19% over the previous close. Investec follows with a target of Rs 9…
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