HDFC Life shares were up 10.28% to Rs 655.35 at around 10:17 am. Earlier, the stock had reached a day's high of Rs 657.80.

HDFC Life Insurance witnessed a 9.5% surge in share value following a 15% YoY rise in Q3 net profit to Rs 421.31 crore and a 10% increase in net premium income. Analysts largely maintained 'Buy' ratings,

India's HDFC Life Insurance reported a 14% rise in third-quarter profit on Wednesday, helped by growth in the sales of retail insurance policies. The company, the first major Indian life insurer to report its quarterly results,

HSBC expects HDFC Life's focus on new customer acquisition and expanding distribution to support future growth.

Shares of HDFC Life, ICICI Prudential, SBI Life and Max Financial Services are up in the range of 5 per cent and 10 per cent

Shares of HDFC Life do not have a single "sell" recommendation from analysts who track the stock on the street. 30 out of the 35 have a "buy" rating.

Global brokerage HSBC is of the view that margin at HDFC Life Insurance may improve going ahead in the rate-cut cycle as they are negatively correlated.

Nomura, which previously downgraded the stock to Neutral in Q2FY25 due to concerns about surrender value impact, slowing growth, and higher valuations, has now upgraded its rating to 'Buy'

The growth in profit after tax (PAT) was driven by a record 24 per cent rise in HDFC Life’s individual annual premium equivalent (APE).