has purchase name on with a goal value of Rs 810. The present market value of Star Health and Allied Insurance Company is Rs 600.05. Time interval given by analyst is 1 12 months when Star Health and Allied Insurance Company value can attain outlined goal.

Star Health and Allied Insurance Company, included within the 12 months 2005, is a Large Cap firm (having a market cap of Rs 34580.41 Crore) working in Financial Services sector.

Star Health and Allied Insurance Company key Products/Revenue Segments embrace Premiums Earned, Interest & Dividend and Income From Sale Of Share & Securities for the 12 months ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the corporate has reported a Standalone Total Income of Rs 3002.62 Crore, up 3.79 % from final quarter Total Income of Rs 2892.91 Crore and up 10.83 % from final 12 months identical quarter Total Income of Rs 2709.24 Crore. Company has reported web revenue after tax of Rs 93.10 Crore in newest quarter.

The firm’s high administration consists of Mr.Venkatasamy Jagannathan, Mr.Utpal Hemendra Sheth, Mr.Deepak Ramineedi, Mr.Berjis Minoo Desai, Mr.Rajeev Krishnamuralilal Agarwal, Mr.Rajni Sekhri Sibal, PadmashriKaarthikeyan Devarayapuram Ramasamy, Ms.Anisha Motwani, Mr.Rohit Bhasin, Mr.Anand Shankar Roy, Dr.Subbarayan Prakash, Mr.Sumir Chadha. Company has Brahmayya & Co. as its auditors. As on 30-06-2022, the corporate has a complete of 58 Crore shares excellent.


Investment Rationale
The brokerage in its report talked about that Star Health has been specializing in retail well being and specialised merchandise, and has been rising the sum assured per buyer. Further, it has improved its tech capabilities to boost fraud detection. Motilal Oswal expects these initiatives to finally translate into enchancment in claims and mixed ratios. The brokerage has reiterated its purchase advice with a one-year value goal of Rs 810 (40x Sep’24E EPS).

Promoter/FII Holdings
Promoters held 58.84 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 34.7 per cent, DIIs 2.11 per cent.