HDFC Life Insurance Co is currently trading at Rs. 638.00, up by 0.50 points or 0.08% from its previous closing of Rs. 637.50 on the BSE.
The scrip opened at Rs. 642.00 and has touched a high and low of Rs. 645.00 and Rs. 631.00 respectively. So far 46767 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 647.50 on 28-Jul-2020 and a 52 week low of Rs. 339.15 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 647.50 and Rs. 612.85 respectively. The current market cap of the company is Rs. 128783.20 crore.
The promoters holding in the company stood at 60.41%, while Institutions and Non-Institutions held 30.84% and 8.72% respectively.
HDFC Life Insurance Company has raised Rs 600 crore through Unsecured, Rated, Listed, Subordinated, Redeemable, Fully Paid-up Non-Convertible Debentures (NCDs) and allotted 6,000 NCDs having a face value of Rs 10,00,000 for cash, at par, in dematerialized form, on private placement basis to the identified parties.
The Board of Directors at its meeting held on July 29, 2020 has approved and allotted the same.
HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children’s and Women’s Plan.
