HDFC Life: Sharekhan maintains Buy rating on the stock with a revised price target of Rs 850; know key risk
Sharekhan continues to prefer HDFC Life Insurance for its strong business franchise, backed by favourable product/distribution mix and a higher bancassurance channel sourcing, which helps the company report the industry’s best (higher and sustainable) margins. Sharekhan expects the government to provide favourable policy steps for the insurance industry (including life as well as non-life segments) in the Union Budget because of COVID-19 crisis.
Sharekhan expects the government to provide favourable policy steps for the insurance industry (including life as well as non-life segments) in the Union Budget because of COVID-19 crisis: Zee Business