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HDFC Standard Life Insurance

Buy HDFC Standard Life Insurance shares

HDFC STANDARD LIFE INSURANCE (BOM: 540777) Shares

ABOUT HDFC STANDARD LIFE INSURANCE

HDFC Standard Life Insurance Company Limited (BOM: 540777) is a leading long-term life insurance solutions provider in India that was stablished in 2000 and has its headquarters in Mumbai.

HDFC Standard Life Insurance Company Limited (formerly HDFC Standard Life Insurance Company Limited) is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India’s leading housing finance institutions, and Standard Life Aberdeen PLC, leading provider of financial savings and investments services in the United Kingdom.

HDFC Standard Life Insurance Company Limited offers a range of individual and group insurance solutions covering protection, pension, savings and investments, health, and more.

OVERVIEW OF HDFC STANDARD LIFE INSURANCE

  • HDFC Standard Life Insurance Company Limited had 38 individual and 11 group products in its portfolio, along with eight optional rider benefits by 2019. These products were offered from more than 410 branches in more than 980 cities and towns in India, as well as distribution touchpoints through several partnerships.

  • These partnerships comprise 265 bancassurance partners including NBFCs (Non-Banking Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), and 39 partnerships within non-traditional ecosystems.

  • In 2012, HDFC Standard Life Insurance Company Limited established a wholly owned subsidiary, HDFC Pension Management Company Ltd., to operate its pension fund business under the National Pension Scheme (NPS) and in 2016 established its first international wholly owned subsidiary in the UAE to operate its reinsurance business.

VISION & VALUES OF HDFC STANDARD LIFE INSURANCE

  • HDFC Standard Life Insurance Company Limited has capitalised on its demonstrable strengths of experienced people, a diversified portfolio, widespread network and industry expertise, to dominate the market with sustained consistency.

  • HDFC Standard Life Insurance Company Limited strives to support many more citizens of India to live a life of dignity and seeks to enhance transparency, accountability and better relationships with stakeholders.

  • HDFC Standard Life Insurance Company Limited commits to its value chain to ensure it reaches its set goals, meet current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE HDFC STANDARD LIFE INSURANCE

  • HDFC Standard Life Insurance Company Limited’s shares trade on the Bombay Stock Exchange (BSE) under stock symbol BOM: 540777, listed in the Business Sector: Life Insurance. HDFC Standard Life Insurance Company Limited is also listed on the National Stock Exchange of India (NSE) as HDFCLIFE.

  • Highlights of HDFC Standard Life Insurance Company Limited’s recent performance include revenue of 579 Crores INR, net profit of 309 Crores INR and EPS of 1.53 INR for the quarter ending September 2019.

  • Annual results for the year ending March 2019 saw revenue of 12.3 billion INR, net income of 12.7 billion INR and EPS of 6.34 INR. Market Cap as at November 2019 was 16.38 billion USD or 1,170.32 billion INR.

  • Due to HDFC Standard Life Insurance Company Limited’s performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns during 2022 and in future.

LATEST NEWS HDFC STANDARD LIFE INSURANCE

Buy HDFC STANDARD LIFE INSURANCE stocks / shares – A Step by Step Guide how to Buy / Purchase HDFC STANDARD LIFE INSURANCE  Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy HDFC STANDARD LIFE INSURANCE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HDFC STANDARD LIFE INSURANCE STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE HDFC STANDARD LIFE INSURANCE STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HDFC STANDARD LIFE INSURANCE stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy HDFC STANDARD LIFE INSURANCE stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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