HDFC Life Shares Retreat From 52-Week High

HDFC Life Insurance shares hit a fresh 52-week high before turning negative on Wednesday, a day after the private sector life insurer reported its earnings for the April-June period. In a regulatory filing during market hours on Tuesday, the private sector insurer said its net profit stood at Rs 424.62 crore in the quarter ended June 30, an increase of 11.69 per cent compared to its net profit in the corresponding period a year ago. ...