Money Maker Research News - HDFC Life Insurance files DRHP with Sebi for IPO

HDFC Life Insurance Co. Ltd on Friday filed its DRH prospectus with the market regulator Sebi for an IPO of 299.8 million shares. As per the prospectus, HDFC Life will dilute about 9.55 percent stake and its JV Company Standard Life will offload about 5.42% in the offer.

Merchant bankers for HDFC Life Offer’s include Stanley Morgan, Credit Suisse, HDFC Bank and Nomura. HDFC Life is a JV between HDFC Ltd and UK’s Standard Life, with 61.52% and 35% respectively. Further, the state-run SBI-promoted life insurer, SBI Life Insurance Co. Ltd, is working on its IPO plans.

For the fiscal 2016-17, HDFC Life Insurance registered a gross premium income of Rs. 19,445.00 cr, and its profit after tax (PAT) for the year reached at Rs. 892 crore.

Get the best trading tips and strategies at Money Maker Research. We offer stock news, stock updates and best stock recommendation for long term and short term, as per your needs.

Edelweiss financial Future Growing Stocks for tomorrow Investment

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in Edelweiss financial Future.

I would also recommend a buy in Edelweiss financial above Rs 261.50; which could initially test the upside objective of Rs 267.50 .In this positive mood, fall below 255 may water down our hopes of buying.”

"Edelweiss Financial Services is doing much better than the other brokerage house. So, definitely on all dips you would want to buy it .It could possibly even double from these levels in long term”

Money Maker Research - Best Stock Commodity Service Provider in Indore

Those who are in search of Best Stock Tips, Commodity tips, Future & Option Tips, Call Put tips, for them the right answer is Money Maker Research.  Money Maker Research is a leading Stock and Commodity advisory company with a proven track record with a large number of pleased clientele. The company acts as a leading Star for the traders and investors.

We provide best stock tips and recommendations for traders in NSE/BSE Markets. We are a one-stop way out for all the investment related queries of the people and provide them adequate advice in the form of buy and sell calls with proper stop loss levels. The company is catering to the customers, having financial needs and serve them in all the segments of equity market like Cash, futures and options segment. We strive to serve traders and investors with Best Stock Tips.

Best Services of Money Maker Research includes services like HNI Cash, Galaxy Future, Cash Blue Chip, Jobbers Pack, etc.