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General Insurance Corporation of India share Price Today

Company details

316.95
324.95
169.20
467.80
6M Return 42.52%
1Y Return 86.54%
Mkt Cap.(Cr) 56,632.03
Volume 4,67,900
Div Yield 2.24%
OI
-
OI Chg %
-
Volume 4,67,900

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General Insurance Corporation of India announced 9MFY24 results:

  • Gross Premium Income was Rs 28,458.11 crore for 9MFY24 compared to Rs 29,221.85 crore for 9MFY23.
  • Underwriting Loss is Rs 4,576.63 crore for 9MFY24 compared to Rs 3,233.80 crore for 9MFY23.
  • Investment Income is Rs 8,648.92 crore for 9MFY24 compared to Rs 7,696.79 crore for 9MFY23.
  • Solvency Ratio is 2.94 as of December 31, 2023, compared to 2.38 as of December 31, 2022.
  • The company recorded a Profit Before Tax of Rs 4,706.58 crore for 9MFY24 compared to a Profit Before Tax of Rs 4,745.17 crore for 9MFY23.
  • Profit After Tax for 9MFY24 was Rs 3,854.82 crore, compared to Profit After Tax of Rs 3,748.66 crore for 9MFY23.
  • Total Assets are Rs 1,74,882.51 crore as of December 31, 2023, compared to Rs 1,58,526.70 crore as of December 31, 2022.
  • Net Worth of the company (without fair value change account) recorded at Rs 35,031.89 crore on December 31, 2023, compared to Rs 29,761.80 crore as on December 31, 2022.
  • The Net Worth of the company (including the fair value change account) was recorded as Rs 77,626.89 crore on December 31, 2023, compared to Rs 63,556.21 crore as of December 31, 2022.
  • Combined Ratio is 117.99% for 9MFY24 compared to 114.68% for 9MFY23.
  • Adjusted Combined Ratio is 94.43% for 9MFY24 compared to 93.63% for 9MFY23.

 

 

Result PDF

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General Insurance Corporation of India shares SWOT Analysis

Strengths (10)

  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth
  • Strong QoQ EPS Growth in recent results

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Decline in Net Profit (QoQ)
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Decrease in Provision in recent results
  • Stock with Low PE (PE < = 10)

Threats (2)

  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 326.2
R2 329.6
R3 334.2
Pivot

321.57

S1 318.2
S2 313.6
S3 310.2
EMA SMA
331.6
339.0
331.1
297.3
330.9
343.0
347.5
290.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
Name Category Shares
PRESIDENT OF INDIA PROMOTER 85.78%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

General Insurance Corporation of India Stocks COMPARISON

Financials( in Cr) General Insurance Corporation of India Life Insurance Corporation of India SBI Life Insurance Company Ltd HDFC Life Insurance Company Ltd ICICI Prudential Life Insurance Company Ltd
Price 322.80 891.70 1,425.10 559.65 597.30
% Change 0.40 -2.11 -0.48 2.02 0.94
Mcap Cr 56,632.03 5,64,000.07 1,42,718.78 1,20,377.58 86,047.99
Revenue TTM Cr 46,638.29 7,84,627.64 80,635.64 70,207.08 49,404.07
Net Profit TTM Cr 6,577.16 35,996.65 1,720.57 1,368.28 813.49
PE TTM 8.24 14.28 75.74 75.01 100.28
1 Year Return 86.54 59.86 19.88 -0.53 32.48
ROCE 14.45 0.95 0.66 0.62 0.44
ROE 20.29 124.84 14.14 9.60 8.67
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 43,502.45 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,313.36 -32,453.75
LAST 3M 1,00,052.28 -32,772.12
LAST 6M 1,63,808.90 60,398.48
LAST 12M 2,54,180.54 1,44,795.14

General Insurance Corporation of India Information

Stock PE (TTM)
8.24
Promoter Holding
85.78%
Book Value
272.3091
ROCE
14.45%
ROE
20.29%
Registered Address

Suraksha 170 J Tata Road, Churchgate, Mumbai, Maharashtra, 400020

Tel : 91-22-22867000
Email : investors.gic:gicofindia.com
Website : http://www.gicre.in
Registrar

KFin Techologies Ltd

AGM Date (Month) : Dec
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 540755
NSE Code : GICRE
Book Closure Date (Month) :
BSE Group : A
ISIN : INE481Y01014

FAQ’s on General Insurance Corporation of India Shares

You can buy General Insurance Corporation of India shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy General Insurance Corporation of India Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 13, 2024 04:12 PM the closing price of General Insurance Corporation of India was Rs.322.80.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 13, 2024 04:12 PM, the market cap of General Insurance Corporation of India stood at Rs. 56,632.03.

The latest PE ratio of General Insurance Corporation of India as of May 13, 2024 04:12 PM is 8.24

The latest PB ratio of General Insurance Corporation of India as of May 13, 2024 04:12 PM is 0.85

The 52-week high of General Insurance Corporation of India share price is Rs. 467.80 while the 52-week low is Rs. 169.20

According to analyst recommendations, General Insurance Corporation of India Share has a "" rating for the long term.

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