While fundamentals are strong and growth is healthy, the asking price for the issue is stiff

Healthy profitability, leading market share, diverse product portfolio, well-balanced distribution network and improving persistency — these factors just about sum up the key arguments in favour of private life insurer, HDFC Standard Life.The company’s new business premium has grown at a compounded annual growth rate (CAGR) of 17.8 per cent over the past five fiscal years (including FY17), higher...