HDFC Life Share Price History & Returns (2017 To 2024)
Show Table of Contents
Table of Contents
- 1: HDFC Life Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About HDFC Life
- 3: HDFC Life Recent Performance
- 4: HDFC Life Share Price Chart From 2017 to 2024
- 5: HDFC Life Share Price History Table From 2017 to 2024
- 6: Analyzing the Impact of Investing in HDFC Life
- 6.1: HDFC Life Share Returns In Last 5 Years
- 6.2: HDFC Life Share VS FD (Normal) VS FD (Compounding)
HDFC Life Share Highlights
As of Fri 26 Jul 2024, HDFC Life Share price is ₹703.34 which is ₹7.25 below 52-week high of ₹710.59 and ₹191.95 above 52-week low of ₹511.39
52-Week High Low
- HDFC Life 52-Week High is ₹710.59 occured on Tue 12 Dec 2023
- HDFC Life 52-Week Low is ₹511.39 occured on Tue 04 Jun 2024
All Time High
- The all-time high or the highest price that HDFC Life shares have ever touched was ₹775.65 and this occurred on Thu 02 Sep 2021.
- The highest closing price at which HDFC Life shares have ever closed was ₹759 recorded on Thu 02 Sep 2021.
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Short Info About HDFC Life
HDFC Life: Journey of becoming a leader amongst private insurance companies.
Most of the time, when people start a family, they become aware of the unpredictable nature of life and choose some life insurance products to protect their family’s future. HDFC Life Insurance Company Ltd. has made its name among private life insurers.
A sector that was closed to private players till the end of the century when it opened gave rise to many private players. HDFC Life took advantage of it & in just over 2 decades, it reached a market capitalisation of ₹1,47,263 crore. It was the first private life insurer to obtain registration from the IRDAI.
August 14, 2000: HDFC Life Insurance Company was incorporated.
October 23, 2000: The company obtained its certificate of registration from IRDAI to undertake the life insurance business.
June 20, 2011: Incorporated HDFC Pension as a subsidiary.
November 17, 2017: Launched IPO and became a listed company.
It was promoted by erstwhile Housing Development Finance Corporation Limited and Abrdn (Mauritius Holdings) 2006 Limited, a global investment company. After implementing the Scheme of Amalgamation of HDFC Ltd. with HDFC Bank, India’s leading private sector bank, the Bank has become promoter of the company in place of HDFC Ltd, effective July 1, 2023.
Now that we have a quick overview, let’s dive into the captivating share price history of HDFC Life.
HDFC Life Recent Performance
Over the past 25 trading days, the value of HDFC Life's stock has increased by ₹122.39 (+21.07%). On 21 Jun 2024, its one share was worth ₹580.95 and by 26 Jul 2024, the value jumped to ₹703.34. During this period it created a highest high of ₹709.79 and lowest low of ₹575.65.
Below Image represents line chart of daily close price of HDFC Life, helping you visualize how the price has changed day by day.
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HDFC Life Share Price Chart From 2017 to 2024
HDFC Life Share Price History Table From 2017 to 2024
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| Year | HDFC Life | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2017 | ₹386.10 | - | ↑ ₹394 ↓ ₹357 |
| 2018 | ₹387.55 | 0.3% | ↑ ₹547 ↓ ₹354 |
| 2019 | ₹625.90 | 61.5% | ↑ ₹646 ↓ ₹345 |
| 2020 | ₹676.30 | 8% | ↑ ₹688 ↓ ₹339 |
| 2021 | ₹648.80 | -4.1% | ↑ ₹775 ↓ ₹627 |
| 2022 | ₹566.45 | -12.7% | ↑ ₹679 ↓ ₹497 |
| 2023 | ₹646.70 | 14.1% | ↑ ₹710 ↓ ₹457 |
| 2024 | ₹703.34 | 8.7% | ↑ ₹709 ↓ ₹682 |
Analyzing the Impact of Investing in HDFC Life
HDFC Life Shares price in the year 2017 was ₹386.10. If you had invested ₹10,000 in HDFC Life Shares in 2017, in 7 years, your investment would have grown to ₹18,216 by the end of 2024. This represents a positive return of 82.1% from 2017 to 2024, with a compound annual growth rate (CAGR) of 8.9%.
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Also Read: IRCTC Year Wise Share Price History From IPO to 2024
HDFC Life Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹775.65 and lowest was: ₹339.15
- HDFC Life Shares price in 2019 was ₹625.9
- By 2024, its share price rose to ₹703.34
- It gave a positive return of over 12% with a CAGR of 2.3% over the last 5 years
- If you had invested ₹10,000 in HDFC Life in 2019 then in 5 years, your investment would have grown to ₹11,237 by 2024, which is 1.12 times of your initial investment.
HDFC Life Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | HDFC Life Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2017 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹18,165.41 | ₹14,200 | ₹15,036.3 |
[Click/Touch on line to show data]
For more insights into HDFC Life, explore these additional resources:-
Reference:
- HDFC Life Insurance Company Ltd. HDFC Life – About company
- Economic Times HDFC Life company history
- Wikipedia HDFC Life – Wiki
