At the time of publishing HDFCLIFE was trading around 692.50.
HDFCLIFE is a fundamentally strong Largecap. I would like to present some facts which I think were important to notice:
1. It has around 6% higher revenue growth in-comparison to the industrial average in last 5 years.
2. Market share has increased by 3.5%
3. Debt to equity ratio has been 1.39%, vs industry avg of 81.71%.
4. The stock doesn't offer good dividend returns tho.
5. The total promoter holding has decreased but foreign institutional holdings have increased.
It might be a good entry point as the chart analysis and rsi reveals it's much below the overbought levels. Even MACD is going to have a positive crossover in this week.
Target (Take profit) being around 830 levels.
This was my analysis and information from source:tickertape
Invest as per your own analysis and due diligence.
HDFCLIFE
HDFCLIFE is a fundamentally strong Largecap. I would like to present some facts which I think were important to notice:
1. It has around 6% higher revenue growth in-comparison to the industrial average in last 5 years.
2. Market share has increased by 3.5%
3. Debt to equity ratio has been 1.39%, vs industry avg of 81.71%.
4. The stock doesn't offer good dividend returns tho.
5. The total promoter holding has decreased but foreign institutional holdings have increased.
It might be a good entry point as the chart analysis and rsi reveals it's much below the overbought levels. Even MACD is going to have a positive crossover in this week.
Target (Take profit) being around 830 levels.
This was my analysis and information from source:tickertape
Invest as per your own analysis and due diligence.
HDFCLIFE
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.