At the time of publishing HDFCLIFE was trading around 692.50. HDFCLIFE is a fundamentally strong Largecap. I would like to present some facts which I think were important to notice: 1. It has around 6% higher revenue growth in-comparison to the industrial average in last 5 years. 2. Market share has increased by 3.5% 3. Debt to equity ratio has been 1.39%, vs industry avg of 81.71%. 4. The stock doesn't offer good dividend returns tho. 5. The total promoter holding has decreased but foreign institutional holdings have increased. It might be a good entry point as the chart analysis and rsi reveals it's much below the overbought levels. Even MACD is going to have a positive crossover in this week. Target (Take profit) being around 830 levels.
This was my analysis and information from source:tickertape Invest as per your own analysis and due diligence. HDFCLIFE