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'Buy' HDFC Life Stock Maintains Motilal Oswal, Sets Target Price Of Rs 800 — Here's Why

HDFC Life's management has indicated that margins will remain stable or slightly improve, driven by stronger growth in Q4 and no deterioration in the product mix, hence brokerage reiterates Buy

<div class="paragraphs"><p>HDFC Life Insurance Co.'s&nbsp; &nbsp;(Photo source: Company website)</p></div>
HDFC Life Insurance Co.'s   (Photo source: Company website)
Only ~2% of customers buy life insurance for tax purposes at HDFC Life; hence, tax benefits are no longer a major sales driver. For corporate tax, no changes are anticipated at least in the near term.
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