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HDFC Standard Life insurance extends gain after strong debut
21-Nov-17   11:58 Hrs IST


HDFC Standard Life Insurance Company rallied 4% to Rs 359 on the National Stock Exchange (NSE) in intra-day trade, extending its Friday's 19% gain on debut, after the foreign institutional investor (FII) bought the stake in the company through open market.

HDFC Standard Life Insurance Company soared as much as 27% to Rs 369 on Friday on its debut listing.

The share closed at Rs 345, up Rs 55 or 19% from its Initial Public Offer (IPO) allotment. The company issued shares at price of Rs 290 per share.

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