Closing Bell: Sensex sheds 199 pts, Nifty closes below 22,050; Divis Lab, HCL Tech top losers
HDFC Life Insurance Company Ltd https://www.sharekhan.com/MediaGalary/StockIdea/HDFC_Life-Jan15_2024.pdf Weak Q3 BUYu0009CMP : Rs. 615u0009PT : Rs. 750u0009 HDFC Life reported ~2% y-o-y decline in APE (~7% below estimates) resulting in VNB declining by ~2% y-o-y (missing our estimates by ~10%). However, VNB margins stood at 26.8% stable y-o-y. Lower APE was led by lower Non-PAR (-32%), Group …