HDFC LIFE INSURANCE COMPANY LTD.
NSE : HDFCLIFEBSE : 540777ISIN
CODE : INE795G01014Industry : InsuranceHouse
: HDFC
BSE565.85-10.55 (-1.83 % )
PREV CLOSE (Rs.) 576.40
OPEN PRICE (Rs.) 581.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 215580
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE565.90 -10.45 (-1.81 % )
PREV CLOSE(Rs.) 576.35
OPEN PRICE (Rs.) 581.80
BID PRICE (QTY) 565.90 (372 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 8574215
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 26-Apr-2024 | HDFC Life enters into corporate agency tie-up with PFPDL | <p style="text-align: justify;">HDFC Life Insurance Company has entered into a corporate agency tie-up with Peerless Financial Products Distribution (PFPDL) is a subsidiary of the Peerless General Finance & Investment. This partnership would enable PFPDL to distribute life insurance products of HDFC Life to its customers. Through this tie-up, PFPDL would offer financial protection to its customers. </p><p style="text-align: justify;">The Company constantly endeavours to enhance the reach of life insurance through strategic partnerships. This tie-up with Peerless is a step towards further strengthening HDFC Life's presence in the eastern part of the country.</p><p style="text-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 & Investment and Health, along with Children's and Women's Plan.</p><div style="text-align: justify;"><br></div> |
| 18-Apr-2024 | HDFC Life Insurance Company reports 14% rise in Q4 consolidated net profit | <p style="text-align: justify;">HDFC Life Insurance Company has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 14.78% rise in its net profit at Rs 411.66 crore for the quarter under review as compared to Rs 358.66 crore for the same quarter in the previous year. Net premium income of the company increased by 5.46% at Rs 20,488.11 crore for Q4FY24 as compared Rs 19,426.57 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 13.72% rise in its net profit at Rs 411.64 crore for fourth quarter ended March 31, 2024 as compared to Rs 361.97 crore for the same quarter in the previous year. Net premium income of the company increased by 5.47% at Rs 20,533.71 crore for Q4FY24 as compared Rs 19,468.60 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 15.35% rise in its net profit at Rs 1,568.86 crore as compared to Rs 1,360.13 crore for the previous year. Net premium income of the company increased by 9.15% at Rs 61,959.22 crore for year under review as compared to Rs 56,764.01 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 15.04% rise in its net profit at Rs 1,574.08 crore as compared to Rs 1,368.28 crore for the previous year. Net premium income of the company increased by 9.20% at Rs 62,112.05 crore for year under review as compared to Rs 56,878.78 crore for year ended March 31, 2023. </p> |
| 18-Apr-2024 | HDFC Life Insurance Company gains on reporting 14% rise in Q4 consolidated net profit | <p style="text-align: justify;">HDFC Life Insurance Company is currently trading at Rs. 607.70, up by 3.25 points or 0.54% from its previous closing of Rs. 604.45 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 617.10 and has touched a high and low of Rs. 623.60 and Rs. 607.00 respectively. So far 258641 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 710.60 on 12-Dec-2023 and a 52 week low of Rs. 511.55 on 21-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 623.60 and Rs. 600.40 respectively. The current market cap of the company is Rs. 131401.18 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 50.37%, while Institutions and Non-Institutions held 37.97% and 11.66% respectively.</p><p style="text-align: justify;">HDFC Life Insurance Company has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 14.78% rise in its net profit at Rs 411.66 crore for the quarter under review as compared to Rs 358.66 crore for the same quarter in the previous year. Net premium income of the company increased by 5.46% at Rs 20,488.11 crore for Q4FY24 as compared Rs 19,426.57 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 13.72% rise in its net profit at Rs 411.64 crore for fourth quarter ended March 31, 2024 as compared to Rs 361.97 crore for the same quarter in the previous year. Net premium income of the company increased by 5.47% at Rs 20,533.71 crore for Q4FY24 as compared Rs 19,468.60 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 15.35% rise in its net profit at Rs 1,568.86 crore as compared to Rs 1,360.13 crore for the previous year. Net premium income of the company increased by 9.15% at Rs 61,959.22 crore for year under review as compared to Rs 56,764.01 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 15.04% rise in its net profit at Rs 1,574.08 crore as compared to Rs 1,368.28 crore for the previous year. Net premium income of the company increased by 9.20% at Rs 62,112.05 crore for year under review as compared to Rs 56,878.78 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 18-Apr-2024 | HDFC Life Insurance Company informs about outcome of board meeting | <div style="text-align: justify;">HDFC Life Insurance Company has informed that the Board of Directors of the Company (Board) at their meeting held today i.e. Thursday, April 18, 2024, has approved the following: In terms of Regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), a copy of the audited financial results together with the reports of the Joint Statutory Auditors thereon is enclosed; Recommended final dividend of ? 2 per equity share of face value of ?10 each for the financial year 2023-24, subject to approval of the shareholders at the ensuing Annual General Meeting (AGM). Record date for the purpose of ascertaining the entitlement of the shareholders to the final dividend shall be Friday, June 21, 2024. The payment of final dividend will be made on or after July 20, 2024, subject to deduction of tax at source at applicable rate. 3. 24th Annual General Meeting 24th AGM of the Company will be held on Monday, July 15, 2024, through video-conferencing. Other relevant details in this regard would be provided in the AGM notice, which will be issued in due course; etc.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 18-Apr-2024 | HDFC Life Insurance Company informs about press release | <p style="text-align: justify;">HDFC Life Insurance Company has informed that it enclosed a copy of press release and investor presentation on financial results for the quarter and year ended March 31, 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 18-Apr-2024 | Conversion of Stock Option | Inter alia, approved:- 1. Final Dividend :- Recommended final dividend of Rs.2/- per equity share of face value of ?10 each for the financial year 2023-24, subject to approval of the shareholders at the ensuing Annual General Meeting (AGM). Record date for the purpose of ascertaining the entitlement of the shareholders to the final dividend shall be Friday, June 21, 2024. The payment of final dividend will be made on or after July 20, 2024, subject to deduction of tax at source at applicable rate. 2. 24th Annual General Meeting 24th AGM of the Company will be held on Monday, July 15, 2024, through video- conferencing. Other relevant details in this regards would be provided in the AGM notice, which will be issued in due course. Formulation of Employee Stock Option Scheme ? 2024 Formulation of Employee Stock Option Scheme viz., ?HDFC Life Employee Stock Option Scheme ? 2024? with the authority to create and grant from time to time, in one or more tranches, not exceeding 6,10,370 employee stock options exercisable into 6,10,370 equity shares of face value of ? 10 each of the Company, to the eligible employees of the Company in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, subject to approval of the shareholders at the ensuing AGM and such other regulatory/ statutory approvals as may be necessary. 5. Alteration of Articles of Association (AOA) of the Company Alteration of AOA, subject to approval of the shareholders in the ensuing AGM, in order to interalia carry out following changes: a) to remove references of erstwhile foreign promoter i.e. Standard Life (Mauritius Holdings) 2006 Limited (presently know as abrdn (Mauritius Holdings) 2006 Limited), pursuant to their reclassification from the promoter to public category in accordance with Regulation 31A of the SEBI Listing Regulations effective from December 13, 2023, on account of sale of their entire stake in the Company; b) to make necessary modifications to incorporate the necessary references to HDFC Bank Limited in place of Housing Development Finance Corporation Limited, erstwhile promoter of the Company; and c) certain other modifications to give effect to the regulatory changes. |
| 05-Apr-2024 | HDFC Life Insurance Company informs about compliance certificate | <div style="text-align: justify;">HDFC Life Insurance Company has certified that HDFC Life Insurance Company (‘Company') has appointed KFin Technologies (‘KFintech'), having its registered office at Selenium Tower - B, Plot No. 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500 032, Telangana, as its Registrar and Share Transfer Agent (‘RTA'), and the activities in relation to both physical as well as electronic share transfer facility of the Company are maintained and ensured by KFintech, which is SEBI registered Category-I, RTA having Reg. No.: INR000000221. Accordingly, compliance in respect of Regulation 7(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been ensured by the Company.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 05-Apr-2024 | HDFC Life Insurance Company informs about disclosure | <div>HDFC Life Insurance Company has informed that the Company has received a GST Order from State Tax - (2), Unit 8, Ahmedabad, Gujarat on April 04, 2024 .The relevant details pertaining to the said order are provided in ‘Annexure A'. This order will have no adverse material impact on the financial operations of the Company and the same shall be further contested by the Company by way of an appeal before the Appellate Authority.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 23-Mar-2024 | HDFC Life Insurance Company informs about investor presentation | <div>HDFC Life Insurance Company has informed that it enclosed the details of the investor conference, where senior management of the Company interacted with investors. A copy of investor presentation has already been hosted on the Company's website www.hdfclife.com.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 14-Mar-2024 | Grant Of Stock Options | Grant of 212,000 Stock Options under Employee Stock Options Scheme |
