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    Buy Star Health and Allied Insurance Company, target price Rs 730: Motilal Oswal

    Synopsis

    Star Health and Allied Insurance Company Ltd., incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 33446.02 Crore) operating in Financial Services sector.

    Star HealthIANS
    Promoters held 57.92 per cent stake in the company as of 31-Mar-2024, while FIIs owned 26.57 per cent, DIIs 11.13 per cent.
    Motilal Oswal has buy call on Star Health and Allied Insurance Company with a target price of Rs 730. The current market price of Star Health and Allied Insurance Company Ltd. is Rs 571.15.

    Star Health and Allied Insurance Company Ltd., incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 33446.02 Crore) operating in Financial Services sector.

    Star Health and Allied Insurance Company Ltd. key Products/Revenue Segments include Premiums Earned, Interest & Dividend and Income From Sale Of Share & Securities for the year ending 31-Mar-2023.


    Financials
    For the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 3690.98 Crore, up 3.14 % from last quarter Total Income of Rs 3578.55 Crore and up 17.85 % from last year same quarter Total Income of Rs 3132.04 Crore. Company reported net profit after tax of Rs 142.32 Crore in latest quarter.


    Promoter/FII Holdings
    Promoters held 57.92 per cent stake in the company as of 31-Mar-2024, while FIIs owned 26.57 per cent, DIIs 11.13 per cent.


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    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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