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Star Health & Allied Insurance Company Ltd Share Price (STARHEALTH)

₹5660.44%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Star Health & Allied Insurance Company Ltd share Performance

  • ₹557.7
    ₹573.5
    ₹566
    downward going graph

    1.47%

    Low

    Day's Volatility:2.79%

    High

    1.33%

    downward going graph
  • ₹454.8
    ₹675
    ₹566
    downward going graph

    19.65%

    Low

    52 Weeks Volatility:38.90%

    High

    19.26%

    downward going graph
1 Month Return4.87 %
3 Month Return0.49 %
1 Year Return-4.38 %
Previous Close₹568.50
Open₹564.10
Volume5.46L
Upper Circuit-
Lower Circuit-
Market Cap₹33,273.36Cr

Analyst Rating for Star Health & Allied Insurance Company Ltd stock

based on 19 analysts

BUY
68.42%
Buy
0.00%
Hold
31.58%
Sell

Based on 19 analysts offering long term price targets for Star Health & Allied Insurance Company Ltd. An average target of ₹643.21

Source: S&P Global Market Intelligence

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: ₹566.00 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹33,273.36Cr as of today
Listing date: 10 Dec, 2021
OrganisationStar Health & Allied Insurance Company Ltd
Headquarters
IndustryInsurance
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Key events for Star Health & Allied Insurance Company Ltd

  • Star Health Insurance Receives CARE AA+ and CARE AA Ratings - 11 Apr, 2024

    Star Health and Allied Insurance Company Limited has been rated CARE AA+; Stable; and CARE AA: Stable rating for a subordinate debt amounting to Rs 470 crore by CARE Ratings. The ratings factor in its leading market position in retail health, insurance space, comfortable solvency margins, and improving profitability metrics owing to strong underwriting practices.

  • Star Health Insurance Premiums Grow by 18% - 09 Apr, 2024

    Star Health Insurance's March premiums grew by 18%, but the company continues to underperform relative to industry averages, losing market share compared to other standalone health insurance firms.

  • Star Health Partners with PhonePe for Health Insurance Options - 03 Apr, 2024

    Star Health has partnered with PhonePe to provide customers with health insurance options through the app, including a comprehensive policy with coverage up to ₹1 crore and monthly/annual payment choices. The move aims to enhance flexibility and convenience while easing financial burdens.

  • ICICI Prudential Mutual Fund Acquires Stake in Star Health and Allied Insurance - 20 Mar, 2024

    ICICI Prudential Mutual Fund has acquired a 0.61% stake in Star Health and Allied Insurance Company for Rs 192.99 crore, leading to a 2% increase in the company's stock price. The company's latest financial quarters show positive movements in operating revenues and after-tax profits.

  • Star Health's Market Share Drops; Plans Expansion Through IFSCA Registration - 19 Mar, 2024

    Star Health Insurance has experienced a decline in market share compared to its peers. The company is set to expand globally through an IFSC International Office (IIO) at Gujarat International Finance Tec-City (GIFT City). Star Health will offer non-resident Indian-focused insurance and attract foreign inward business as a reinsurer.

Fundamentals of Star Health & Allied Insurance Company Ltd

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

    Price Rise

    img

    In the last 7 days, STARHEALTH stock has moved up by 3.2%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 13.74% to 14.61% in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 75.9% return, outperforming this stock by 80.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 5.23% to 4.96% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 58.02% to 57.94% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.75% to 3.61% in Dec 2023 quarter

Mutual Fund Holdings

Funds Holdings
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth0.54%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth1.03%
Motilal Oswal Focused Direct GrowthMotilal Oswal Focused Direct Growth8.84%
ICICI Prudential Focused Equity Fund Direct Plan GrowthICICI Prudential Focused Equity Fund Direct Plan Growth2.05%
ICICI Prudential Large & Mid Cap Fund Direct Plan GrowthICICI Prudential Large & Mid Cap Fund Direct Plan Growth1.03%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
57.94%
-0.14
Foreign Institutions
14.61%
6.34
Mutual Funds
3.61%
-3.85
Retail Investors
4.96%
-5.28
Others
18.88%
-1.91

Technicals of Star Health & Allied Insurance Company Ltd share

News & Events of Star Health & Allied Insurance Company Ltd

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Star Health & Allied Insurance Company Ltd (STARHEALTH) share price today is ₹566

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 ₹573.5.
  • Today’s lowest price of Star Health & Allied Insurance Company Ltd is ₹557.7.

Today’s traded volume of Star Health & Allied Insurance Company Ltd(STARHEALTH) is 5.46L.

Today’s market capitalisation of Star Health & Allied Insurance Company Ltd(STARHEALTH) is ₹33273.36Cr.

Star Health & Allied Insurance Company Ltd(STARHEALTHPrice
52 Week High
₹675
52 Week Low
₹454.8

Star Health & Allied Insurance Company Ltd(STARHEALTH) share price is ₹566. It is down -16.15% from its 52 Week High price of ₹675

Star Health & Allied Insurance Company Ltd(STARHEALTH) share price is ₹566. It is up 24.45% from its 52 Week Low price of ₹454.8

Star Health & Allied Insurance Company Ltd(STARHEALTHReturns
1 Day Returns
-2.5%
1 Month Returns
4.87%
3 Month Returns
0.49%
1 Year Returns
-4.38%