HDFC Life Insurance Company Ltd gains for third straight session

HDFC Life Insurance Company Ltd is trading at Rs 561.75, up 1.17% on the NSE at 12:49 IST. Over the last year, the stock has declined by 5.41%, while NIFTY surged by 24.64% and the Nifty Financial Services index rose by 14.23%. Today marks the third consecutive session of gains for HDFC Life. In the last month, it has seen a 2.05% increase. \r

The Nifty Financial Services index, of which HDFC Life is a part, rose by 3.61% in the same period. The stock's June futures contract is currently up 0.88% at Rs 559.95. The PE ratio stands at 76.21 based on TTM earnings ending March 24.