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