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Star Health & Allied Insurance Company Ltd share price logo

Star Health & Allied Insurance Company Ltd

(STARHEALTH)

₹485.81.49%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Technicals

Star Health & Allied Insurance Company Ltd Analyst Rating

based on 22 analysts

BUY

63.64%

Buy

9.09%

Hold

27.27%

Sell

Based on 22 analysts offering long term price targets for Star Health & Allied Insurance Company Ltd. An average target of ₹600.59

Source: S&P Global Market Intelligence

Star Health & Allied Insurance Company Ltd Share analysis

Star Health & Allied Insurance Company Ltd price forecast by 22 analysts

Upside of21.79%

High

₹750

Target

₹600.59

Low

₹490

Star Health & Allied Insurance Company Ltd target price ₹600.59, a slight upside of 21.79% compared to current price of ₹485.8. According to 22 analysts rating.

Source: S&P Global Market Intelligence

Star Health & Allied Insurance Company Ltd Performance

  • Day's Low

    Day's High

    ₹477.5
    Day's Price Range
    ₹495.75
  • 52 Week's Low

    52 Week's High

    ₹452.7
    52-Week Price Range
    ₹647
1 Month Return+ 7.69 %
3 Month Return-19.14 %
1 Year Return-3.75 %
Previous Close₹493.15
Open₹495.05
Volume12.05L
Upper Circuit-
Lower Circuit-
Market Cap₹28,640.99Cr

Star Health & Allied Insurance Company Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹28,640.99 Cr
P/B Ratio4.98
EPS0
Dividend Yield0
SectorInsurance
ROE12.76

Star Health & Allied Insurance Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹28,640.99 Cr-9.12%0.54NANA
HOLD₹34,209.18 Cr8.52%0.69₹1,091 Cr₹43,675 Cr
HOLD₹78,895.37 Cr17.91%0.68₹6,508 Cr₹45,374 Cr
HOLD₹98,554.78 Cr15.67%0.50₹64 Cr₹3,437 Cr
BUY₹1,40,085.90 Cr8.21%0.98NANA

About Star Health & Allied Insurance Company Ltd

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: ₹485.80 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹28,640.99Cr 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 CEO Discusses Growth and Innovations - 18 Dec, 2024

    In an exclusive interview, Star Health Insurance MD-CEO Anand Roy highlighted an 18% year-on-year growth, plans to double premiums to ₹30,000 crore by FY28, and support for potential GST reductions on health insurance premiums for seniors. He emphasized retail focus, cost control, and innovations like a face-scan feature, while addressing challenges such as medical inflation and the industry's shift towards cashless claims.
  • Star Health Receives Buy Rating Amid Price Hikes - 13 Dec, 2024

    IIFL Securities has a buy rating on Star Health & Allied Insurance, targeting Rs 700. The company plans significant price hikes in its retail offerings.
  • Star Health Enhances Security After Data Breach - 11 Dec, 2024

    Star Health & Allied Insurance Company Ltd is taking multiple measures to strengthen its security mechanisms in response to a recent alleged data breach.
  • Star Health Implements Security Measures and Launches New Product - 10 Dec, 2024

    Star Health has launched the SUPER STAR insurance policy while implementing security measures following a data breach. The company expects an 18% growth in GWP despite the incident, reporting increased premiums and customer retention.
  • Star Health Faces Regulatory Scrutiny, Shares Decline - 09 Dec, 2024

    Star Health & Allied Insurance Company received a show cause notice from IRDAI for regulatory violations, leading to a significant drop in share prices throughout the day.
  • Star Health Reports Decline in Profit and Stock Performance - 08 Dec, 2024

    Star Health and Allied Insurance Company has experienced a Year-To-Date negative return of 10.14% in 2024 and a total decline of 45.95% since listing. The company reported an 11.18% drop in net profit to Rs 111.29 crore for Q3 FY25 compared to the previous year.
  • Star Health Receives Regulatory Notice from IRDAI - 06 Dec, 2024

    Star Health received a show cause notice from IRDAI for alleged regulatory violations during an inspection. The company is preparing a response and believes there will be no material impact on operations. Shares closed down 0.43%.
  • Star Health Expands Agent Network in Madhya Pradesh - 05 Dec, 2024

    Star Health Insurance announced plans to expand in Madhya Pradesh by adding 5,000 agents and 150 managers by March 2025, enhancing healthcare accessibility.
  • Star Health Stock Rises on GST Reduction Hopes - 03 Dec, 2024

    Star Health shares surged up to 11% following the Group of Ministers' proposal to reduce GST on health insurance premia from 18% to 5%. Despite recent gains, the stock has declined 11% in 2024 and 24% over the past two years.
  • Star Health Plans Major Growth in AP, Telangana - 29 Nov, 2024

    Star Health & Allied Insurance aims to double its business in Andhra Pradesh and Telangana to Rs 3,400 crore in four years, leveraging its extensive network and strong claims payout history.
  • Star Health Faces Cyberattack After Data Theft Incident - 26 Nov, 2024

    Star Health & Allied Insurance Company Ltd is dealing with a significant data theft incident, occurring just two months after a previous cyberattack. Sensitive customer information, including medical records and personal details, has been compromised and put up for sale, raising serious concerns about data security.
  • Star Health Faces Data Breach Amid New Initiative - 25 Nov, 2024

    Star Health & Allied Insurance launched 'Star Arogya Digi Seva' to enhance rural healthcare. However, the company is also dealing with a significant data breach affecting 31 million customers, leading to a forensic investigation into the incident.
  • Star Health Shares Plunge After Q2 Results - 20 Nov, 2024

    Star Health's shares dropped 24% following Q2 results, revealing a 410 basis point rise in claims ratio due to prolonged monsoon and increased critical illness cases. Analysts maintain a Buy rating with a target of Rs 630, citing potential scale benefits to reduce expense ratios.
  • Star Health Shares Decline Amid FDI Speculation - 19 Nov, 2024

    On November 19, 2024, Star Health's stock fell 1.24% as private insurance stocks declined due to news of potential 100% foreign direct investment in the sector.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.82% to 11.53% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 5.41% to 7.61% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, SBI Life Insurance Company Ltd has given 24.2% return, outperforming this stock by 63.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Prudential Life Insurance Company Ltd has given 27.4% return, outperforming this stock by 37.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, STARHEALTH stock has moved down by -38.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 16.32% to 12.98% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 57.90% to 57.69% in Sep 2024 quarter

Star Health & Allied Insurance Company Ltd 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

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Fin. Ser

₹11,379.57

-1.62 (-187.38%)

BSE Mid-Cap

₹46,226.50

-2.43 (-1152.75%)

DFRGRI Indices

₹1,410.04

-2.07 (-29.85%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE Low Volatility

₹1,752.15

-1.15 (-20.41%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Star Health & Allied Insurance Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
57.69%
-0.36
Foreign Institutions
12.98%
-20.48
Mutual Funds
11.53%
17.35
Retail Investors
7.61%
40.70
Others
10.19%
-3.38

Star Health & Allied Insurance Company Ltd Key Indicators

Details202020232024
Return On Equity %17.6511.0512.76

Star Health & Allied Insurance Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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Star Health & Allied Insurance Company Ltd (STARHEALTH) share price today is ₹485.8

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 ₹495.75.
  • Today’s lowest price of Star Health & Allied Insurance Company Ltd is ₹477.5.

Today’s traded volume of Star Health & Allied Insurance Company Ltd(STARHEALTH) is 12.05L.

Today’s market capitalisation of Star Health & Allied Insurance Company Ltd(STARHEALTH) is ₹28640.99Cr.

Star Health & Allied Insurance Company Ltd(STARHEALTHPrice
52 Week High
₹647
52 Week Low
₹452.7

Star Health & Allied Insurance Company Ltd(STARHEALTH) share price is ₹485.8. It is down -24.91% from its 52 Week High price of ₹647

Star Health & Allied Insurance Company Ltd(STARHEALTH) share price is ₹485.8. It is up 7.31% from its 52 Week Low price of ₹452.7

Star Health & Allied Insurance Company Ltd(STARHEALTHReturns
1 Day Returns
-7.35%
1 Month Returns
7.69%
3 Month Returns
-19.14%
1 Year Returns
-3.75%