Jefferies, Kotak recommend ‘Buy’ on HDFC Life, see 20-28% upside

Jefferies, Kotak recommend ‘Buy’ on HDFC Life, see 20-28% upside

Brokerages Jefferies and Kotak Institutional Equities have recommended a ‘Buy’ on HDFC Life Insurance Company, projecting a 20-28% upside. The optimism rides on its current business performance and growth outlook. Kotak has gone one step ahead and called HDFC Life a “conviction” buy. “We believe HDFC Life is set for pick-up in premium growth to … Read more

Chart Check: Buy or sell? This life insurance company has given a breakdown from a symmetrical triangle after 28% fall from highs

Chart Check: Buy or sell? This life insurance company has given a breakdown from a symmetrical triangle after 28% fall from highs

, part of the life insurance industry, has fallen more than 28 per cent from its September 2021 highs which effectively places the stock in the bear grip. The technical setup suggests that the stock may see some more selling pressure; hence, short-term traders can look at selling the stock now for a target of … Read more