HDFC Life's shares rose 1.7% after a 15% YoY increase in Q2 net profit to Rs 433 crore. Premium income grew 12% YoY. Analysts hold mixed views: Nomura downgraded it to 'Neutral', while CLSA and Jefferies raised target prices,

In the stock market, HDFC Life Insurance Company has demonstrated a 0.58% return over the past week, an impressive 18.14% return over the last six months, and a year-to-date return of 10.45%. Currently, the company holds a market cap of ₹ 153,683.8 crore with a 52-week high of ₹ 761.2 and a low of ₹ 511.4.

The life insurance stock fell after the earnings announcement amid overall weakness on Dalal Street.  The company's net premium income grew 12.3 per cent to Rs 16,613.7 crore on a year-on-year basis,

Net profit beats analyst expectations as healthy growth in premium income, investment income helps the life insurer.

HDFC Life, a life insurance subsidiary of HDFC Bank, reported a 14.85% increase in net profit to Rs 433 crore for Q2 of the current fiscal year. The company's net premium rose to Rs 16,570 crore, with a solvency ratio of 181% exceeding the regulatory threshold.

Its value of new business (VNB) increased 17.1 per cent Y-o-Y to Rs 938 crore in Q2, compared to Rs 801 crore in the year-ago period

HDFC AMC, DB Corp, Stylam Industries and Tata Chemicals' subsidiary Rallis India will also declare their July-September quarter results today.

With the industry undergoing regulatory changes from October onwards, including new surrender value norms coming into effect, the life insurer said that that it has realigned over 40 products contribu