Insurance companies have a better growth in India in coming years. As i always compare Option Selling to an Insurance company and i work with Theta, HDFC life looks very attractive in coming years. Few details of the company as below:
HDFC Life Insurance listed its IPO by Mid of November 2017
Currently have the Market Capital of 132,170 Crores & Face Value of 10
Profit After Tax of the the company in 2016 was 816.79 Crores, for the year 2020 it was reported to be 1297.44 crores. Every year the growth of the company in terms of profit is increasing consistently as shown in the chart below
Similarly, the EPS (Earnings per share) also increases consistently for past 5 years
Shareholding pattern of the company says, the promotors have not pledged any share of the company till now and they hold 60.40% of the companies stock. FII (Foreign Investors) hold 23.54% of the share in the company and they believe strongly on the growth of the company
Best Regards,
B G Nareshkumar
No comments:
Post a Comment