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Business Upturn
6 days ago
- Business
- Business Upturn
Nifty 50 top gainers today, August 6: Asian Paints, HDFC Life Insurance, Mahindra & Mahindra, Bharat Electronics and more
Indian stock markets extended their losing streak for a second consecutive day, with benchmark indices closing lower amid subdued sentiment. The NSE Nifty 50 slipped below the 24,600 mark, settling at 24,574.20, down 75.35 points or 0.31%. Meanwhile, the BSE Sensex dropped 166.26 points or 0.21%, ending the session at 80,543.99. Despite the overall decline, a few heavyweight stocks stood out with notable gains, helping cushion the fall in broader indices. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on August 6 Asian Paints closed at ₹2,484.10, up 1.9%. HDFC Life Insurance ended at ₹752.40, rising 1.9%. Mahindra & Mahindra settled at ₹3,240.10, gaining 0.9%. Bharat Electronics finished at ₹389.30, up 0.7%. Adani Ports & Special Economic Zone closed at ₹1,366.90, higher by 0.7%. State Bank of India ended at ₹804.80, increasing 0.5%. HDFC Bank closed at ₹1,987.00, up 0.5%. Trent settled at ₹5,335.00, up 0.3%. Hindustan Unilever ended at ₹2,540.00, up 0.2%. Reliance Industries closed at ₹1,393.00, rising 0.1%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Asian PaintsBharat ElectronicsHDFC life insuranceMahindra & Mahindra Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
22-07-2025
- Business
- Business Upturn
Nifty top gainers today, July 22: Eternal, HDFC Life, Hindalco Industries, Titan, Bharat Electronics and more
Indian equity markets ended a choppy trading session on July 22 with marginal losses. The Nifty 50 slipped 29.80 points or 0.12% to close at 25,060.90, while the Sensex declined 13.53 points or 0.02% to settle at 82,186.81. Despite the subdued mood, several heavyweight stocks in the Nifty 50 pack registered healthy gains. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on July 22 Eternal closed at ₹299.7, up 10.3% HDFC Life Insurance ended at ₹763.5, up 1.5% Hindalco Industries settled at ₹690.5, up 1.1% Titan Company closed at ₹3,469.4, up 1.1% Bharat Electronics finished at ₹403.6, up 0.9% Bajaj Finance ended at ₹955.6, up 0.8% Maruti Suzuki closed at ₹12,491.0, up 0.7% Hindustan Unilever ended at ₹2,480.8, up 0.7% Coal India closed at ₹389.2, up 0.6% Oil and Natural Gas closed at ₹246.5, up 0.6% Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Bharat ElectronicsEternalHDFC LifeHindalco IndustriesTitan Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
17-07-2025
- Business
- Business Standard
HDFC Life aims to expand and focus on tech amid macro opportunities in FY26
In FY26, as the Indian economy is expected to grow, HDFC Life Insurance is poised to seize macroeconomic opportunities and plans to expand while transforming the ecosystem using technology, Keki Mistry, Chairman of the insurer, said during its 25th Annual General Meeting (AGM). Mistry noted that although risks remain due to ongoing geopolitical tensions, trade uncertainties, and weather-related challenges that could impact growth, the economy is expected to grow in FY26, driven by private consumption and increased fixed capital formation. Investment activity is also likely to improve due to increased capacity utilisation, healthier corporate balance sheets, and sustained government capital expenditure. 'Despite global challenges, our economy showed resilience and steady growth. We remain optimistic about the year ahead,' said Keki Mistry, Chairman, HDFC Life Insurance. The life insurance sector in India saw mixed growth in FY25, with individual weighted received premiums growing by 10 per cent, while the number of policies declined by 7 per cent. Private insurers outperformed, growing 15 per cent in total premiums and 5 per cent in terms of the number of policies. The total sum assured by Indian life insurers rose 16 per cent to ₹102.6 lakh crore by March 2025. However, India's insurance sector remains largely under-penetrated, with life insurance penetration at 2.8 per cent, and the country faces the highest protection gap in Asia, at 91 per cent. 'Insurers are tapping into the opportunity by rapidly expanding into Tier 2 and Tier 3 cities, leveraging the distribution presence of partner banks and microfinance lenders to offer appropriate insurance solutions,' Mistry said. In FY25, HDFC Life's assets under management (AUM) stood at ₹3.36 trillion, with an embedded value of ₹55,423 crore. While the solvency ratio remained robust at 194 per cent, the new business margin for the year was 25.6 per cent, delivering a value of new business (VNB) of ₹3,962 crore. 'Despite challenges such as increased surrender values and an adverse product mix, our new business margins demonstrated resilience, declining by only 70 basis points, thanks to proactive mitigations,' Mistry said. He added that the insurer's customer base expanded to over 5 crore lives. The insurer's subsidiaries – HDFC Pension Management Company – had the highest AUM among pension fund managers, with AUM crossing ₹1.15 trillion. HDFC Life International and Re successfully completed 9 years and expanded its presence across the Gulf Cooperation Council (GCC), the broader Middle East, North Africa, and select emerging markets. 'Looking ahead, we are poised to seize the immense macroeconomic opportunities before us. Our strategy is clear: to expand thoughtfully and purposefully while transforming our entire ecosystem through cutting-edge technology. This tech-led evolution will empower us to deliver an unparalleled, best-in-class experience to every customer we serve,' Mistry concluded.
Time of India
15-07-2025
- Business
- Time of India
HDFC Life sees growth outpacing industry despite early-year slowdown
HDFC Life Insurance expects to continue to grow faster amid the expected slowdown in the life insurance industry in the first half (April-September) of this fiscal year. 'I think our view still remains that the industry will be slightly slow for the first half (H1), but we do expect that we will continue to outperform the industry,' said Vineet Arora, Executive Director & Chief Business Officer in a post earnings call with analysts. In the June quarter, the total annualized premium equivalent (APE), a metric of sales growth, rose 12.5% year-on-year to Rs 3,225 crore. This translates into a two-year CAGR of 21%, nearly double of 11% for the industry. According to CareEdge Ratings, the industry slowdown is attributed to the impact of the revised surrender value regulations, which came into effect October 2024, and muted consumer demand. HDFC Life management expects growth to pick up in the second half (October-March) or H2 of the current financial year. 'One is the base effect of last year when the growth in H2 was slower than the growth in H1, so mathematically it should look better. Second, as the fundamentals of the economy move, I think that would be something that we will also have to discover along the way. But so far, we believe that, you know, H2 should be better than H1,' Arora said. Live Events The company's value of new business (VNB) margin stood at 25.1% in April-June, a slight uptick from the previous year of 25%. The management has guided to maintain margins through the year, balancing short-term dynamics with its long-term agenda of sustainable and profitable growth. Niraj Shah, Executive Director & Chief Financial Officer, said that margins are expected to be range-bound this year given that overall growth is expected to be soft. 'Last year, we were talking about 18-20% kind of growth. This year is likely to be lower than that. So, the fixed cost absorption as such, while it will even out through the year, it will still be slightly lower than last year.' He added that there is scope for margin expansion from a three to five years perspective.
Economic Times
15-07-2025
- Business
- Economic Times
HDFC Life sees growth outpacing industry despite early-year slowdown
HDFC Life Insurance expects to continue to grow faster amid the expected slowdown in the life insurance industry in the first half (April-September) of this fiscal year. ADVERTISEMENT 'I think our view still remains that the industry will be slightly slow for the first half (H1), but we do expect that we will continue to outperform the industry,' said Vineet Arora, Executive Director & Chief Business Officer in a post earnings call with analysts. In the June quarter, the total annualized premium equivalent (APE), a metric of sales growth, rose 12.5% year-on-year to Rs 3,225 crore. This translates into a two-year CAGR of 21%, nearly double of 11% for the industry. According to CareEdge Ratings, the industry slowdown is attributed to the impact of the revised surrender value regulations, which came into effect October 2024, and muted consumer Life management expects growth to pick up in the second half (October-March) or H2 of the current financial year. 'One is the base effect of last year when the growth in H2 was slower than the growth in H1, so mathematically it should look better. Second, as the fundamentals of the economy move, I think that would be something that we will also have to discover along the way. But so far, we believe that, you know, H2 should be better than H1,' Arora company's value of new business (VNB) margin stood at 25.1% in April-June, a slight uptick from the previous year of 25%. The management has guided to maintain margins through the year, balancing short-term dynamics with its long-term agenda of sustainable and profitable growth. ADVERTISEMENT Niraj Shah, Executive Director & Chief Financial Officer, said that margins are expected to be range-bound this year given that overall growth is expected to be soft. 'Last year, we were talking about 18-20% kind of growth. This year is likely to be lower than that. So, the fixed cost absorption as such, while it will even out through the year, it will still be slightly lower than last year.'He added that there is scope for margin expansion from a three to five years perspective. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
