Analyst Rating
based on 4 analysts
25.00%
Buy
0.00%
Hold
75.00%
Sell
Based on 4 analysts offering long term price targets for General Insurance Corporation of India. An average target of ₹341.25
Source: S&P Global Market Intelligence
General Insurance Corporation of India Share analysis
General Insurance Corporation of India price forecast by 4 analysts
Downside of
High
₹500
Target
₹341.25
Low
₹197
General Insurance Corporation of India target price ₹341.25, a slight downside of -13.4% compared to current price of ₹395.05. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
General Insurance Corporation of India revenue growth forecast
Expected growth rate Q1, FY2026:18.16%
Forecast
Actual
Including amortisation and stock based compensations
General Insurance Corporation of India EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹392.6₹396.952 Week's Low
52 Week's High
₹212.15₹467.8
| Returns % | |
| 1 Month Return | -1.39 % |
| 3 Month Return | + 1.69 % |
| 1 Year Return | + 70.29 % |
| Market Stats | |
| Previous Close | ₹394.05 |
| Open | ₹394.00 |
| Volume | 9.62L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹69,132.13Cr |
Key Statistics
| P/E Ratio | 6.43 |
| PEG Ratio | 0.31 |
| Market Cap | ₹69,132.13 Cr |
| P/B Ratio | 1.11 |
| EPS | 37.1 |
| Dividend Yield | 3.03 |
| Sector | Insurance |
| ROE | 13.83 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹69,132.13 Cr | 22.81% | 0.68 | ₹6,508 Cr | ₹45,374 Cr | |
| HOLD | ₹39,576.72 Cr | 25.38% | 0.69 | ₹1,061 Cr | ₹41,007 Cr | |
| BUY | ₹35,628.39 Cr | -6.58% | 0.54 | NA | NA | |
| BUY | ₹84,311.93 Cr | 10.75% | 0.50 | ₹64 Cr | ₹3,437 Cr | |
| BUY | ₹1,82,240.37 Cr | 25.31% | 0.98 | NA | NA |
Company Information
GIC Re operates in four major lines of business: Life, Health, Property and Casualty, and Reinsurance. The company offers products and services such as motor, health, travel, fire, marine and engineering insurance, as well as crop, liability, credit and surety reinsurance. GIC Re also provides innovative products such as microinsurance, weather-based crop insurance, and cyber insurance.
GIC Re's top products include motor insurance, health insurance, crop insurance, and liability insurance. The company's popular brands include GIC Re, GIC Re Health Insurance, GIC Re Crop Insurance, and GIC Re Liability Insurance. GIC Re also offers a range of reinsurance services, including treaty and facultative reinsurance, and catastrophe and risk-management services.
Share Price: ₹395.05 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹69,132.13Cr as of today
Revenue: ₹12,903.54Cr as on June 2024 (Q2 24)
Net Profit: ₹1,121.76Cr as on June 2024 (Q2 24)
Listing date: 25 Oct, 2017
Chairperson Name: Devesh Srivastava
| Organisation | General Insurance Corporation of India |
| Headquarters | |
| Industry | Insurance |
| E-voting on shares | Click here to vote |
Key events for General Insurance Corporation of India
General Insurance Corporation Declares Rs 10 Dividend - 11 Sep, 2024
General Insurance Corporation of India announced a 200% dividend, translating to Rs 10 per share for FY 2024. The record date is set for September 11, 2024. The stock has shown significant growth, with a year-to-date gain of 28.26% and a 77.89% increase over the past year.
GIC Announces 200% Dividend Amid Stock Fluctuations - 07 Sep, 2024
General Insurance Corporation of India plans to pay a 200% dividend, translating to Rs 10 per share, pending shareholder approval. Despite this, shares closed down 3.48% at Rs 383.75. Over the past two years, GIC's stock surged 195.08%, outperforming the BSE Financial Services index.
General Insurance Corp's OFS Fully Subscribed Despite Retail Shortfall - 06 Sep, 2024
The two-day offer for sale (OFS) of General Insurance Corporation was fully subscribed, but retail investor demand was low at only 22%. The government aimed to sell 3.39% stake, with the floor price set at ₹395 per share.
GIC Re OFS Opens Amid Strong Demand - 05 Sep, 2024
The Offer for Sale (OFS) of General Insurance Corporation opened for retail investors after non-retail bids oversubscribed by 108%. The government plans to divest up to 6.78% stake, aiming to raise ₹4,700 crore. Analysts suggest accumulating shares during corrections.
GIC Re Stake Sale Sees Strong Demand Amid Price Drop - 04 Sep, 2024
The government initiated a stake sale in GIC Re, leading to a 5.4% drop in shares. The OFS was oversubscribed, indicating strong demand despite initial market reactions.
Government to Dilute Stake in GIC Re - 03 Sep, 2024
The Indian government plans to sell a 6.78% stake in General Insurance Corporation (GIC Re) at ₹395 per share, raising approximately ₹4,700 crore. This marks the first significant stake reduction since GIC Re's IPO in 2017.
GIC Re Considers Stake in GICHFL Amid Performance Review - 19 Aug, 2024
GIC Re's Chairman indicated plans to evaluate GICHFL's performance over the next year. If improvements aren't seen, GIC Re may consider selling its stake to a private investor.
GIC Re Prepares for Government Stake Sale - 18 Aug, 2024
GIC Re is poised for a potential government offer-for-sale to reduce its 85.78% stake. The company anticipates a credit rating upgrade, aiming for 15-16% growth in gross premium for FY25, with expectations of reaching ₹42,000-43,000 crore. The solvency ratio improved to 3.36%, well above the regulatory minimum, supporting its growth strategy.
GIC Reports Strong Q1 Growth and Future Outlook - 13 Aug, 2024
GIC reported a 43% rise in Q1 consolidated net profit to Rs 1,401 crore. The company aims for a total premium of Rs 42,000-43,000 crore, driven by growth in health insurance, particularly in the retail segment. Despite exceptional Q1 results, GIC remains committed to its growth targets, emphasizing the importance of health insurance post-Covid.
Insights on General Insurance Corporation of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, GICRE has outperformed top 5 stocks with highest market-cap in Insurance
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, GICRE has outperformed top 5 stocks with highest market-cap in Insurance
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.86% to 1.05% in Jun 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.15% to 0.29% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 10.38K Cr → 12.90K Cr (in ₹), with an average increase of 19.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, GICRE stock has moved up by 2.3%
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 85.78% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 2.58K Cr → 1.40K Cr (in ₹), with an average decrease of 45.7% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 2.29% to 2.25% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 85.78% | 0.00 | |
| Foreign Institutions | 1.05% | 21.50 | |
| Mutual Funds | 0.29% | 97.59 | |
| Retail Investors | 2.25% | ||
| Others | 10.62% |
Key Indicators
General Insurance Corporation of India Valuation
General Insurance Corporation of India in the last 5 years
Lowest (-338.02x)
December 17, 2020
Today (6.43x)
September 17, 2024
Industry (24.96x)
September 17, 2024
Highest (69.20x)
October 30, 2019
Earnings and Dividends
General Insurance Corporation of India Earnings Results
General Insurance Corporation of India’s net profit jumped 43.27% since last year same period to ₹1,400.66Cr in the Q1 2024-2025. On a quarterly growth basis, General Insurance Corporation of India has generated -45.72% fall in its net profits since last 3-months.
Read More about Earnings ResultsGeneral Insurance Corporation of India Dividends May,2024
In the quarter ending March 2024, General Insurance Corporation of India has declared dividend of ₹10 - translating a dividend yield of 2.54%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
General Insurance Corporation of India is currently in a Bearish trading position according to technical analysis indicators.
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General Insurance Corporation of India (GICRE) share price today is ₹395.05
General Insurance Corporation of India is listed on NSE
General Insurance Corporation of India is listed on BSE
- Today’s highest price of General Insurance Corporation of India is ₹396.9.
- Today’s lowest price of General Insurance Corporation of India is ₹392.6.
PE Ratio of General Insurance Corporation of India is 6.43
PE ratio = General Insurance Corporation of India Market price per share / General Insurance Corporation of India Earnings per share
Today’s traded volume of General Insurance Corporation of India(GICRE) is 9.62L.
Today’s market capitalisation of General Insurance Corporation of India(GICRE) is ₹69132.13Cr.
| General Insurance Corporation of India(GICRE | Price |
|---|---|
52 Week High | ₹467.8 |
52 Week Low | ₹212.15 |
General Insurance Corporation of India(GICRE) share price is ₹395.05. It is down -15.55% from its 52 Week High price of ₹467.8
General Insurance Corporation of India(GICRE) share price is ₹395.05. It is up 86.21% from its 52 Week Low price of ₹212.15
| General Insurance Corporation of India(GICRE | Returns |
|---|---|
1 Day Returns | 1% |
1 Month Returns | -1.39% |
3 Month Returns | 1.69% |
1 Year Returns | 70.29% |