HDFC Life Share Price Target 2022, 2023, 2024, 2025, And 2030: Hi, everyone hopes you all are fine there and doing great in your professional and personal life. So, today we are going to give you more insights about India’s one of the oldest private sector life insurance company that is HDFC Life which includes technical analysis, their past year quarterly report, and last 5 years annual report.
Here, we try to predict the share price target for HDFC Life for upcoming years with the help of technical analysis, past year quarterly report, and last five-year annual report which help you to analyze how the share prices of this company are going to perform in the future years.
Table Of Content
- Technical Analysis of HDFC Life
- Share Price Target Of HDFC Life
- HDFC Life Share Price Target For 2022
- HDFC Life Share Price Target For 2023
- HDFC Life Share Price Target For 2024
- HDFC Life Share Price Target For 2025
- HDFC Life Share Price Target For 2030
- Quarterly Report Analysis Of HDFC Life
- Annual Report Analysis Of HDFC Life
- Conclusion
HDFC Life Share Price Target 2022, 2023, 2024, 2025, And 2030
HDFC Life Insurance Company Ltd. is an insurance company that deals in long-term insurance. The company has a collaboration with leading financial institutions and one of the global investment company which is Aberdeen. Presently HDFC Ltd. holds a share of about 51.69% and standard life holds a share of around 34.75% of this company shares and the remaining equity is held by public shareholders.
Technical Analysis of HDFC Life
When we are drawing technical analysis charts according to the data given to us. Now we are here to tell you how the share price of HDFC Life was performed in the past years and try to predict how the share price of the specific Company will going to perform in the future.
In this chart we can see two possibilities of the share in the first case as currently, HDFC Life faces huge resistance so, the red rectangular resistance area must be breakout with volume for approaching a strong bullish momentum which helps shares of HDFC Life to move in an uptrend. In the second case, HDFC Life falling down from the red rectangle resistance area and follows the channel pattern then the price may be falling down to Rs.575 that is the channel support area which will not be a thing to stay positive.
Share Price Target Of HDFC Life
We are trying to predict the possible target for the shares of HDFC Life in future years to come. Our prediction is based on the Fibonacci retracement, support, and resistance. So, here we go with the possible targets for the upcoming years.
| Year | Target Of HDFC Life |
|---|---|
| 2022(Case-1) | Target-1-Rs.774, Target-2-Rs.828 |
| (Case-2) | Target-1-Rs.659, Target-2-Rs.577 |
| 2023(Case-1) | Target-1-Rs.900, Target-2-Rs.973 |
| (Case-2) | Target-1-Rs.774, Target-2-Rs.828 |
| 2024(Case-1) | Target-1-Rs.1032, Target-2-Rs.1097 |
| (Case-2) | Target-1-Rs.900, Target-2-Rs.973 |
| 2025(Case-1) | Target-1-Rs.1169,Target-2-Rs.1294 |
| (Cse-2) | Target-1-Rs.1032,Target-2-Rs.1097 |
| 2030(Case-1) | Target-1-Rs.1937, Target-2-Rs.2838 |
| (Case-2) | Target-1-Rs.1169, Target-2-Rs.1294 |
HDFC Life Share Price Target For 2022
In the first case share price of HDFC Life will surely move in a positive direction so, we predict the first possible target which they can attain in that case is around Rs. 774 and the second target is around Rs.828 for the year 2022.
In other cases share price of HDFC life will show some resistance initially so we predict the first target, in that case, is around Rs.659 and the second possible target by which they can get down in that same year is around Rs.577 as we mentioned earlier, in that case, the share price of HDFC Life will find some baggage to move uptrend.
HDFC Life Share Price Target For 2023
In the first case share price of HDFC Life will surely move in a positive direction so, we predict the first possible target which they can find in that case for the year 2023 is around Rs.900 and the second target is around Rs.973 for the year 2023 which is really be a good sign for any investor investing in a specific fund.
In other cases share price of HDFC life will show some resistance initially so we predict the first target, in that case, is around Rs.774 and the second possible target by which they can get attain in that same year is around Rs.828 as we mentioned earlier, in that case, the share price of HDFC Life will find some baggage to move uptrend.
HDFC Life Share Price Target For 2024
In the first case share price of HDFC Life will surely move in a positive direction so, we predict the first possible target which they can attain in that case is around Rs.1032 and the second target is around Rs.1097 for the year 2024.
In other cases We can predict the first share price target for the year 2024 in which they surpass is about Rs.900 then as every stock price after passing their high they will show some downtrend move but they again show some positive movement in the same year and go uptrend and we can predict second possible target which they can find is around Rs973.
HDFC Life Share Price Target For 2025
In the year 2025 we can set the first possible target which they can attain is about Rs.1169 and after attaining these values they show some negative movement and share prices of this company go down for while and after some time in that same year they will again show uptrend and we can predict second possible target which they can cross is around Rs.1294.
In other cases share price for the financial year 2025, we can set the first target for this share is around Rs.1032 and after attaining that value. The share price of HDFC Life will show some downward trend too for a while and the second target of this share we can predict is around Rs.1097.
HDFC Life Share Price Target For 2030
In the first case, the share price target for the shares of HDFC Life which they can surpass at the end of this decade which is the year 2030 so we can predict the first target is around Rs.1937 and the second possible target which they can attain in that same year is around Rs.2838 which is pretty much 5 times the current share price value.
In another case we can predict the first possible target for the year 2030 which they can cross is around Rs.1169 and the second possible target which they cross at the end of this decade is around Rs.1294. which is nearly double the current share price value of HDFC Life.
Quarterly Report Analysis Of HDFC Life
As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you find any mismatch of data from the official site of HDFC Life we are not going to be responsible for it.
As the company’s quarterly report is given below the June quarter of the financial year 2020, the company make revenue of Rs.5721.84cr of which they made a profit of about Rs.451.09cr.after paying taxes. In the September quarter of the financial year 2020, Company makes a revenue of Rs.10045.44cr. by which they made a profit of around Rs.326.09cr.after paying all the essential taxes as govt. norms.
In the December quarter of 2020, the company makes revenue of Rs.9487.01cr. by which they made a profit of about 264.99cr.after paying all the taxes. In the March quarter of 2021, Company makes revenue of Rs.12868.01cr. through which they made a profit of about Rs.1682.37cr. after paying all the taxes. In the June quarter of the financial year 2021, Company makes revenue of Rs.6479.78cr. by which they made a profit of about 1641.92cr. after paying all the taxes according to government norms present for that sector.
Annual Report Analysis Of HDFC Life
As the data are given at ticker.finology.in we are here to tell you about the company last year performances that how they perform in the last few years if you find any mismatch of data from the official site of HDFC Life. We are not going to be responsible for it.
The company made revenue of Rs.786.34cr.in 2017 till the month of March by which the company makes a profit of about Rs.892.13cr.In the following year which is 2018, till the month of march the company makes a revenue of Rs.1002.20cr.by which the company makes a profit of about Rs.1109cr. after paying all the taxes according to govt. Norms.
In the year 2019, till the Month of March Company make a revenue of Rs.1206.90cr.by which the company made a profit of about Rs.1276.79cr. In the following year, 2020 till the month of March Company make a revenue of Rs.1191.39cr.by which the company made a profit of about Rs.1295.27cr.In the year 2021, till the month of March Company make a revenue of Rs.990.90cr by which make a profit of around Rs.1360.10cr. after giving all the taxes.
Conclusion
In this artical, We have done a detailed analysis of HDFC Life. We were tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this artical, I am going to tell some strengths which will become a key factors for HDFC Life to emerge as the best option for you.
1. User-friendly services.
2. Diverse business model.
3. Comprehensive cash management system.
4. Keep up to date themselves.
2. Diverse business model.
3. Comprehensive cash management system.
4. Keep up to date themselves.
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