HDFC Life share price rises 0.6% to ₹565.40 on November 9

Key Takeaways

• HDFC Life closed at ₹565.40, up 0.6%, after moving between ₹560 and ₹572 during the session.
• The share remained above its 50- and 100-day DMAs but ₹25.70 below the 200-day DMA of ₹591.10.
• Six-month and one-year returns were negative at 9.06% and 24.54%, despite positive one- and three-month readings.

HDFC Life Insurance Company share price ended November 9 at ₹565.40, gaining ₹3.40 or 0.6%. The stock opened at ₹566 compared with the previous close of ₹562 and traded between ₹560 and ₹572. Its full session range was ₹12. HDFC Life finished ₹5.40 above the day's low and ₹6.60 below the high, placing the close near the middle of the range. Volume reached 2,690,298 shares.

Its moving-average position was divided. The 50-day DMA was ₹540.40, so the share closed ₹25 above that level. The 100-day DMA stood at ₹554.80, leaving a ₹10.60 premium. The 200-day DMA was higher at ₹591.10, putting the November 9 close ₹25.70 below that longer measure.

Across the 52-week range, HDFC Life had a low of ₹508 and a high of ₹789. The stock's final price was ₹57.40 above the annual low and ₹223.60 below the high. Market capitalisation stood at ₹1,22,838 crore. The closing price was therefore considerably closer to the 52-week low than the high in absolute rupee terms.

Recent returns showed positive shorter-period performance but negative longer readings. The one-month return stood at 3.84% and the three-month return at 4.7%. Six-month performance was negative 9.06%, while the one-year return was negative 24.54%. The gap between the three-month and one-year readings was more than 29 percentage points.

November 9 itself was a modest positive session. HDFC Life remained above its 50- and 100-day DMAs but below the 200-day measure. The stock's ₹12 day range was narrow compared with the ₹281 spread between the annual high and low, and the closing price was positioned almost equidistant from the session's two extremes.