Canara HSBC Life Insurance Shares In Focus As Motilal Oswal Initiates 'Buy' Coverage — Check Target Price

Canara HSBC Life Insurance offers a rare multi-year compounding opportunity anchored in a structurally improving banca engine, rising contribution from premiumized HSBC flows, and disciplined agency expansion..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Motilal Oswal has initiated coverage on Canara HSBC Life Insurance Company Ltd. with a Buy rating and a target price of Rs 180, implying an upside of 23% from the current market price of Rs 146. The brokerage sees a multi-year compounding story anchored in a strong bancassurance engine, premium flows from HSBC, and disciplined agency expansion.Canara HSBC Life is among India’s top-10 private life insurers, with a diversified product mix and a dominant banca-led distribution model. Over FY15–25, the company delivered 22% APE CAGR, outperforming the industry and gaining market share. Motilal Oswal expects annual premium equivalent/VNB CAGR of 20%/23% over FY25–28, supported by improving Canara Bank branch productivity, HSBC’s affluent customer base, and agency channel ramp-up..Key risks include slower-than-expected branch activation, persistency challenges, and regulatory changes in banca commissions..Click on the attachment to read the full report:.TCS Q3 Review: Brokerages Split As Inline Quarter Meets Tepid Global Demand, FY27 Hope Intact.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Canara HSBC Life Insurance Shares In Focus As Motilal Oswal Initiates 'Buy' Coverage — Check Target Price

Over the past decade, Canara HSBC Life has outperformed the overall industry and private segment with a CAGR of 22% in APE.

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