Canara HSBC Life Insurance Company
150.57
+0.88(+0.59%)
Market Cap₹14,304.15 Cr
PE Ratio115.23
IndustryInsurance
Company Performance:
1D+0.59%
1M+13.02%
6M+35.14%
1Y+35.14%
5Y+35.14%
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More news about Canara HSBC Life Insurance Company
13Jan 26
Motilal Oswal Initiates 'Buy' Coverage on Canara HSBC Life Insurance
Motilal Oswal has initiated 'Buy' coverage on Canara HSBC Life Insurance, citing multi-year growth potential driven by improving bancassurance operations, enhanced HSBC partnership contributions, and strategic agency expansion. The brokerage views the insurer as offering a compelling compounding opportunity in the life insurance sector.
06Jan 26
Canara HSBC Life Insurance Company Partners With Equitas Small Finance Bank
Canara HSBC Life Insurance Company has partnered with Equitas Small Finance Bank through an agreement signed on November 25, 2025. The company has stated that this partnership is not significant enough to materially impact its operations or financial position, indicating it falls within the regular course of business activities.
24Dec 25
Canara HSBC Life Insurance Clarifies Distribution Agreement with Equitas Small Finance Bank
Canara HSBC Life Insurance has clarified its distribution agreement with Equitas Small Finance Bank, signed on November 25, 2025, after discussions beginning in June 2025. The company stated the bancassurance partnership falls below materiality thresholds for stock exchange reporting under Regulation 30, as it does not materially impact operations or financials. The press release was made on December 18, 2025, leading to subsequent media coverage across financial publications.
23Dec 25
Investec Initiates 'Buy' Rating on Canara HSBC Life Insurance Company with ₹225 Price Target
Investec Securities has begun coverage on Canara HSBC Life Insurance Company with a 'Buy' rating and a price target of ₹225 per share. The mid-cap insurance company, a joint venture in India's life insurance market, has a market capitalization of ₹11,661.20 crore and is listed on both NSE and BSE.
16Dec 25
Canara HSBC Life Insurance Faces ₹3.46 Cr GST Demand for FY 2021-22
Canara HSBC Life Insurance Company Limited has received a GST demand order of ₹3.46 crores from Uttar Pradesh tax authorities for FY 2021-22. The demand includes ₹1.85 crores in tax, ₹1.41 crores in interest, and ₹18.76 lakhs in penalties. The allegations involve improper ITC claims, unsubstantiated zero-rated supplies, and GST not charged on ULIP income. The company deems the demand unmaintainable and plans to appeal. It does not anticipate any significant financial impact.
1 Year Returns:+35.14%
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