Domestic brokerage JM Financial, which initiated coverage on the stock with a Buy rating, values the stock at 4x Sep’24e P/BV to arrive at a target price of Rs 400. This signals an upside potential of up to 32 per cent.
HDFC Life shares fall 4% post Q4 results. How to trade now?
HDFC Life stock fell 4% to Rs 581 after March results even after reporting 14% net profit growth to Rs 412 crore. Achieved 11% APE