Pending — not yet graded
“Maintains 'Buy' ratings on SBI Life, HDFC Life, Axis Max Life, and ICICI Prudential Life. For SBI Life, Nuvama sets a target price of ₹2,600, implying over 50% upside. For HDFC Life, the target is ₹790, implying over 48% upside. LIC's retail-weighted premium growth outpaced peers, but total APE growth slowed to 3% YoY.”
Nuvama Analysis’s track record: 4 graded calls · 95% CI 15–85%
SBIBullishCalled 08 Sep 2026
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