₹345.9
0.51%
Low
Day's Volatility:3.27%
High
2.76%
55.64%
Low
52 Weeks Volatility:90.88%
High
35.24%
Returns % | |
1 Month Return | 2.67 % |
3 Month Return | -4.11 % |
1 Year Return | 126.66 % |
Market Stats | |
Previous Close | ₹353.70 |
Open | ₹355.00 |
Volume | 10.31L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹62,053.13Cr |
based on 4 analysts
Based on 4 analysts offering long term price targets for General Insurance Corporation of India. An average target of ₹336.5
Source: S&P Global Market Intelligence
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
The Centre is considering selling up to a 10% stake in state-run General Insurance Corporation (GIC Re) this financial year. The company received positive feedback during recent roadshows, highlighting its unique position in the Indian reinsurance market and strong growth potential.
Indian Government Open to Stake Sale in GIC and LIC - 19 Apr, 2024
The Indian government is considering a minority stake sale in General Insurance Corporation of India (GIC) and Life Insurance Corporation of India (LIC) in the financial year 2024/25, depending on investor appetite. The sale of a 10% stake in GIC would be done over time, garnering about Rs 57 billion ($683 million). Shares of GIC have risen about 45% in the last six months.
GIC Appoints New CFO; Chairman Expects Stake Sale After Elections - 15 Apr, 2024
General Insurance Corporation of India appoints V. Balkrishna as new CFO effective May 1, 2024. The chairman expects a 10% stake sale post-elections. GIC's financial performance shows high EPS growth, flat EBIT margins, and declining revenue. CEO compensation is low.
Standalone Health Insurers Outpace General Insurance Industry in India - 12 Apr, 2024
India's standalone health insurers grew two times faster than the general insurance industry in FY24, with a 26.2% increase in total premium compared to the previous year. Slower growth in segments like motor is holding back overall performance for most general insurance companies.
GIC Re Targets Increase in International Business Share; General Insurance Industry Reports Growth in FY24 - 08 Apr, 2024
The general insurance industry reported a growth rate of 13% in FY24, with the private sector leading the way. Meanwhile, GIC Re is targeting an increase in its international business share to diversify its revenue sources and expects a 10-12% increase in net earned premium in FY25.
GIC Re Identified as D-SII by IRDAI - 27 Mar, 2024
The Insurance Regulatory and Development Authority of India has identified General Insurance Corporation of India as a Domestic Systemically Important Insurer for the fiscal year 2023-24, along with Life Insurance Corporation of India and New India Assurance Co. Ltd.
Fundamentals of 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.
Best in 1 Year
In the last 1 year, GICRE has outperformed top 5 stocks with highest market-cap in Insurance
Price Rise
In the last 7 days, GICRE stock has moved up by 7.9%
Best in 3 Years
In the last 3 years, GICRE has outperformed top 5 stocks with highest market-cap in Insurance
Retail Holding Up
Retail Investor have increased holdings from 2.15% to 2.29% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 85.78% of holdings in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 0.22% to 0.15% in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 1.68K Cr → 1.43K Cr (in ₹), with an average decrease of 14.8% per quarter
FII Holding Down
Foreign Institutions have decreased holdings from 0.95% to 0.86% in Mar 2024 quarter
Revenue Fall
Revenue is down for the last 2 quarters, 13.46K Cr → 11.35K Cr (in ₹), with an average decrease of 15.7% per quarter
General Insurance Corporation of India in the last 5 years
Lowest (-338.02x)
December 17, 2020
Today (5.92x)
April 29, 2024
Industry (23.88x)
April 29, 2024
Highest (69.20x)
October 30, 2019
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 85.78% | 0.00 | |
Foreign Institutions | 0.86% | 0.00 | |
Mutual Funds | 0.15% | 0.00 | |
Retail Investors | 2.29% | 0.00 | |
Others | 10.91% | 0.00 |
Technicals of General Insurance Corporation of India share
News & Events of General Insurance Corporation of India
General Insurance Corporation of India (GICRE) share price today is ₹345.9
General Insurance Corporation of India is listed on NSE
General Insurance Corporation of India is listed on BSE
PE Ratio of General Insurance Corporation of India is 5.92
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 10.31L.
Today’s market capitalisation of General Insurance Corporation of India(GICRE) is ₹62053.13Cr.
General Insurance Corporation of India(GICRE | Price |
---|---|
52 Week High | ₹467.8 |
52 Week Low | ₹153.45 |
General Insurance Corporation of India(GICRE) share price is ₹345.9. It is down -26.06% from its 52 Week High price of ₹467.8
General Insurance Corporation of India(GICRE) share price is ₹345.9. It is up 125.42% from its 52 Week Low price of ₹153.45
General Insurance Corporation of India(GICRE | Returns |
---|---|
1 Day Returns | -7.8% |
1 Month Returns | 2.67% |
3 Month Returns | -4.11% |
1 Year Returns | 126.66% |