HDFC Life Insurance shares dropped 4.6% despite a 3% YoY rise in Q2 FY26 consolidated PAT to Rs 448 crore. Net premium income surged 14% YoY to Rs 18,871 crore. Brokerages like Morgan Stanley, Goldman Sachs, and Nuvama maintain positive ratings, citing growth potential and target prices, though acknowledging margin pressures.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets