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Star Health & Allied Insurance Company Ltd share price logo

Star Health & Allied Insurance Company Ltd

(STARHEALTH)

₹605.60.26%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 21 analysts

BUY

66.67%

Buy

9.52%

Hold

23.81%

Sell

Based on 21 analysts offering long term price targets for Star Health & Allied Insurance Company Ltd. An average target of ₹662.86

Source: S&P Global Market Intelligence

Star Health & Allied Insurance Company Ltd Share analysis

Star Health & Allied Insurance Company Ltd price forecast by 21 analysts

Upside of9.74%

High

₹738

Target

₹662.86

Low

₹550

Star Health & Allied Insurance Company Ltd target price ₹662.86, a slight upside of 9.74% compared to current price of ₹605.6. According to 21 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹603
    ₹616.7
  • 52 Week's Low

    52 Week's High

    ₹454.8
    ₹656.7
1 Month Return+ 2.98 %
3 Month Return+ 14.06 %
1 Year Return-3.38 %
Previous Close₹604.05
Open₹606.95
Volume10.14L
Upper Circuit-
Lower Circuit-
Market Cap₹35,367.84Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹35,367.84 Cr
P/B Ratio4.98
EPS0
Dividend Yield0
SectorInsurance
ROE12.76

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹35,367.84 Cr-6.68%0.54NANA
HOLD₹38,513.76 Cr24.6%0.69₹1,061 Cr₹41,007 Cr
HOLD₹69,307.57 Cr22.44%0.68₹6,508 Cr₹45,374 Cr
BUY₹82,355.22 Cr10.04%0.50₹64 Cr₹3,437 Cr
BUY₹1,84,574.54 Cr25.95%0.98NANA

Company Information

Star Health and Allied Insurance Company Limited was founded in 2005 in Chennai with the aim of becoming India’s first standalone health insurance provider. With a long-standing relationship with banks in India, Star Health insurance has grown in stature and is now the third biggest health insurer in terms of market share with 15.35%. It offers policies customised around the needs of individuals, families and companies, through its network comprising agents, brokers and online format.

The company had a successful public issue in December 2021 with an allotment of Rs 6400 crore, including Rs 2000 crore being issued through a fresh issue and Rs 4400 crore through offer for sale, at the price of Rs 900 per share. As of 31st March 2022, Star Health had 807 branches in 26 states and 4 Union Territories throughout India as well as over 12820 affiliated hospitals across the country. With its wide coverage, Star Health is helping to make healthcare more accessible to all individuals, families and companies in India.

Share Price: ₹605.60 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹35,367.84Cr as of today
Listing date: 10 Dec, 2021
OrganisationStar Health & Allied Insurance Company Ltd
Headquarters
IndustryInsurance
E-voting on sharesClick here to vote

Key events for Star Health & Allied Insurance Company Ltd

  • Star Health Partners with Vakrangee for Insurance Expansion - 18 Sep, 2024

    Star Health & Allied Insurance has partnered with Vakrangee to expand its health insurance offerings across India. Despite a slight drop in share price, the collaboration aims to enhance access to insurance in underserved areas.

  • Star Health Launches Innovative SUPER STAR Insurance Plan - 13 Sep, 2024

    Star Health Insurance and Policybazaar have launched SUPER STAR, a personalized long-term health insurance plan aimed at enhancing customer value with flexibility and customization.

  • Star Health Ordered to Compensate Senior Citizen - 11 Sep, 2024

    The NCDRC found Star Health & Allied Insurance guilty of denying cashless treatment to a senior citizen, ordering reimbursement of Rs 3.20 lakh plus litigation costs and punitive charges.

  • Star Health Reports Growth Amid Market Share Decline - 09 Sep, 2024

    Star Health Insurance achieved a 15% growth in premium collections in August, with a 17% increase over the first five months of FY25. However, its market share in standalone health insurance dropped significantly, raising concerns among investors.

  • Star Health Advocates GST Cut, Receives Buy Recommendation - 06 Sep, 2024

    Star Health's CEO calls for a reduction in GST on health insurance to 12%, while Geojit Financial Services sets a target price of Rs 738 for the stock.

  • Star Health Launches Braille Policy, Maintains Growth Outlook - 05 Sep, 2024

    Star Health & Allied Insurance has launched India's first Braille insurance policy, Special Care Gold, aimed at individuals with disabilities. The company also received a positive outlook from Geojit Financial Services, maintaining a BUY rating with a target price of Rs 738, reflecting strong performance in Q1FY25.

  • Star Health Launches Braille Policy, Plans Business Growth - 04 Sep, 2024

    Star Health & Allied Insurance has launched a Braille insurance policy for individuals with disabilities, aiming to double its business to ₹30,000 crore by FY28. The company also seeks collaborations for inward reinsurance and focuses on inclusivity for the visually impaired.

  • Star Health Shares Rise Amid Analyst Rating - 26 Aug, 2024

    Star Health's share price increased by 1% since coverage initiation, reaching an intraday high of Rs 614.95. Jefferies rates the stock as a Hold with a target price of Rs 550, based on a P/E ratio of 28x for September 2026.

  • Jefferies Issues Hold Rating on Star Health Insurance - 23 Aug, 2024

    Jefferies has initiated coverage on Star Health with a 'Hold' rating, highlighting profitability concerns and setting a price target of Rs 550 per share, indicating potential downside risks.

Insights on Star Health & Allied Insurance Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 14.24% to 16.32% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 8.11% to 9.82% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 4.36% to 5.41% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 55.4% return, outperforming this stock by 58.7%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 57.92% to 57.90% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, STARHEALTH stock has moved down by -3.4%

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹10,500.98Cr (-)₹13,514.06Cr (↑28.69%)₹15,226.11Cr (↑12.67%)₹17,767.73Cr (↑16.69%)
Total Liabilities₹7,005.84Cr (-)₹8,893.87Cr (↑26.95%)₹9,782.86Cr (↑10.00%)₹11,383.75Cr (↑16.36%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹647.42Cr (-)₹890.38Cr (↑37.53%)₹55.56Cr (↓93.76%)₹1,275.82Cr (↑2,196.29%)₹1,309.96Cr (↑2.68%)

Index Inclusions

S&P BSE 150 MidCap

₹16,794.37

-0.4 (-67.06%)

S&P BSE Fin. Ser

₹11,877.81

0.14 (16.28%)

BSE 200

₹11,726.75

-0.04 (-4.26%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

Nifty Midcap 150

₹21,965.15

-0.52 (-114.75%)

DFRGRI Indices

₹1,564.83

0.31 (4.76%)

BSE Mid-Cap

₹48,600.14

-0.53 (-256.93%)

S&P BSE 400 MidSmallCap

₹12,769.65

-0.61 (-78.92%)

S&P BSE 250 LargeMidCap

₹11,128.91

-0.04 (-4.49%)

Nifty MidSmallcap 400

₹20,684.65

-0.73 (-152.4%)

Nifty LargeMidcap 250

₹16,631.60

-0.25 (-41.65%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
57.9%
-0.03
Foreign Institutions
16.32%
14.63
Mutual Funds
9.82%
21.11
Retail Investors
5.41%
23.96
Others
10.55%
-31.37

Key Indicators

Details202020232024
Return On Equity %17.6511.0512.76

Earnings and Dividends

  • Star Health & Allied Insurance Company Ltd Earnings Results

    Star Health & Allied Insurance Company Ltd’s net profit jumped 10.8% since last year same period to ₹318.93Cr in the Q1 2024-2025. On a quarterly growth basis, Star Health & Allied Insurance Company Ltd has generated 124.09% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Star Health & Allied Insurance Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Star Health & Allied Insurance Company Ltd (STARHEALTH) share price today is ₹605.6

Star Health & Allied Insurance Company Ltd is listed on NSE

Star Health & Allied Insurance Company Ltd is listed on BSE

  • Today’s highest price of Star Health & Allied Insurance Company Ltd is ₹616.7.
  • Today’s lowest price of Star Health & Allied Insurance Company Ltd is ₹603.

Today’s traded volume of Star Health & Allied Insurance Company Ltd(STARHEALTH) is 10.14L.

Today’s market capitalisation of Star Health & Allied Insurance Company Ltd(STARHEALTH) is ₹35367.84Cr.

Star Health & Allied Insurance Company Ltd(STARHEALTHPrice
52 Week High
₹656.7
52 Week Low
₹454.8

Star Health & Allied Insurance Company Ltd(STARHEALTH) share price is ₹605.6. It is down -7.78% from its 52 Week High price of ₹656.7

Star Health & Allied Insurance Company Ltd(STARHEALTH) share price is ₹605.6. It is up 33.16% from its 52 Week Low price of ₹454.8

Star Health & Allied Insurance Company Ltd(STARHEALTHReturns
1 Day Returns
1.55%
1 Month Returns
2.98%
3 Month Returns
14.06%
1 Year Returns
-3.38%