Canara HSBC Life Insurance Company544583Life insurance
Canara HSBC Life Insurance posted strong Q2 numbers with growth, margin expansion and favorable valuation
- Total APE growth
- 11 percent
- Retail APE growth
- 12 percent
- Value of new business growth
- 20 percent
- Value of new business amount
- 142 crore rupees
- Margin expansion
- 165 basis points
Heard on business television between 08:24:36 - 08:27:36 IST.
- Total APE grew about 11%, retail APE grew 12%.
- Value of new business was up 20% at about 142 crore rupees.
- Margins expanded about 165 basis points to 21.35% versus 19.7% earlier.
- Stock ended Friday with cuts of more than 4%.
- Analyst going with green on the stock citing strong growth, margin expansion, and favorable valuation.
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Source: Live TV News Channel · 12 Oct 2026
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