Hdfc Life Share Price Today on : Hdfc Life share are up by 1.46%, Nifty up by 0.79%

Hdfc Life Share Price Today on 28-10-2024: On the last trading day, HDFC Life opened at ₹706 and closed at ₹719.95. The stock reached a high of ₹721 and a low of ₹706. Overall, it showed a positive movement, closing higher than its opening price.

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Hdfc Life Share Price Today on : At 28 Oct 11:21 today, Hdfc Life shares are trading at price ₹ 719.95, 1.46% up from the previous closing price.

Sensex is trading at ₹ 80206.66, up by 1.01%.



The stock has hit a high of ₹ 721 and a low of ₹ 706 during the day. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA The SMA values for the stock are given below : The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹ 718.

42, ₹ 727.18, & ₹ 736.37, whereas it has key support levels at ₹ 700.

47, ₹ 691.28, & ₹ 682.52.

Till 11 AM today, the volume traded on NSE & BSE for Hdfc Life was -76.82% lower than the previous trading session. Volume traded is an important indicator along with price to study trends.

Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices. Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 11.38% .The current P/E of the stock is at 90.

14 & P/B is at 9.79. The median 1-year forecasted upside in this share is at 11.

26% with a target price of ₹ 801.00. The company has a 0.

00% promoter holding, 2.32% MF holding, & 25.62% FII holding as per filings in the september quarter.

The MF holding has increased from 1.65% in june to 2.32% in the september quarter.

The FII holding has decreased from 26.62% in june to 25.62% in the september quarter.

Hdfc Life share price up 1.46% today to trade at ₹ 719.95 while its peers are mixed.

Its peers such as SBI Life Insurance Company are falling today, but its peers Bajaj Finserv, ICICI Prudential Life Insurance Company, General Insurance Corporation Of India are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.79% & 1.

01% each respectively..