Star Health climbs on reporting 13% rise in gross direct premium for YTD March 2023

Star Health and Allied Insurance Company is currently trading at Rs. 584.45, up by 16.85 points or 2.97% from its previous closing of Rs. 567.60 on the BSE.

Star Health and Allied Insurance
Star Health and Allied Insurance

The scrip opened at Rs. 584.85 and has touched a high and low of Rs. 587.25 and Rs. 574.30 respectively. So far 17683 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 780.00 on 06-Sep-2022 and a 52 week low of Rs. 451.10 on 30-Jan-2023.

Last one week high and low of the scrip stood at Rs. 587.25 and Rs. 527.00 respectively. The current market cap of the company is Rs. 33820.31 crore.

The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 36.78% and 4.94% respectively.

Star Health and Allied Insurance Company has reported 13% growth in gross direct premium at Rs 12,950.9 crore (provisional) for YTD March 2023 as against Rs 11,463.5 crore for YTD March 2022. Out of the total gross direct premium, Health-Retail premium stood at Rs 11,947.5 crore (provisional) for YTD March 2023 as compared to Rs 10,129.4 crore for YTD March 2022, i.e. up by 18%. Health-Group premium and Personal Accident premium stood at Rs 807.5 crore and Rs 193.9 crore (provisional) respectively for YTD March 2023.

Star Health and Allied Insurance Company is providing sterling services in health, personal accident and overseas travel insurance etc.

Please share this news

Check Also

LG Electronics hosts grand finale of All India K-Pop Contest 2023

Udaipur : LG Electronics, India’s leading consumer durables brand, hosted the grand finale of the …