357.3000 2.55 (0.72%)
NSE Sep 01, 2026 12:41 PM
Volume: 659.3K
 

IPO Note - Subscribe - Improving operating metrics; decent valuations

Prabhudas Lilladhar
terms of gross premiums accepted and manages Rs391.3 billion of Indian investment assets. It is also an international reinsurer that underwrites business from162countries.Itenjoysstrongcapitalpositionwithsolvencyratioof2.4x.The promotersarecomingoutwithanofferforsaleofaroundRs98bnandfreshissue ofRs15.7bnwithdilutionof14.2%atapricerangeofRs885912.Attheupperband ofRs912,thecompanytradesat27.4xMar17EPSwhichwebelieveisfairlypriced, but given the liquidity in the markets and company's performance in the recent...
General Insurance Corporation of India is trading below its 50 day SMA of 359.1
More from General Insurance Corporation of India
Recommended