Stock Market Update: HDFC Life insurance Company Closes at Rs 696.85 with 0.93% Decline on 29 Jul 2024

HDFC Life insurance Company Share Price Updates: HDFC Life insurance Closes at Rs 696.85 with 0.93% Decline

HDFC Life insurance Company witnessed a slight decrease in its closing price, settling at Rs 696.85 with a 0.93% decline for the day. The stock’s performance has been closely monitored by investors and analysts as it navigates through market fluctuations.

As of 03:20:38 PM IST on 29th July 2024, HDFC Life insurance Company is currently trading at Rs 697.35, marking a decrease of 0.86% today. The 5-day Simple Moving Average (SMA5) indicates positive momentum in the stock price, standing at Rs 666.93.

Furthermore, at 02:48:39 PM IST, the stock price of HDFC Life insurance Company was reported at Rs 697.25, showing a decrease of 0.87% for the day. Despite the minor decline, the stock has demonstrated strong returns of 20.87% over the past three months, highlighting its growth potential.

With a trading price of Rs 699.6 at 02:19:07 PM IST, HDFC Life insurance Company experienced a marginal decline of 0.54% today. The stock’s lower volatility, as indicated by a beta of 0.8781 over the past 6 months, showcases its stability compared to the market average.

In the latest update at 12:18:16 PM IST, HDFC Life insurance Company was trading at Rs 699.55, marking a slight decrease of 0.55% for the day. The company has delivered impressive returns of 47.99% over the past five years, attracting long-term investors seeking growth opportunities.

As of 10:20:49 AM IST, the stock price of HDFC Life insurance Company dipped to Rs 697.20, reflecting a 0.88% decline for the day. The average daily volatility over the past three months stands at 4.13 units, indicating the stock’s price movement in the short term.

Overall, HDFC Life insurance Company has shown resilience in the face of market fluctuations, with strong returns and stable performance. Investors continue to monitor the stock closely for potential opportunities and growth prospects in the insurance sector.