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Star Health & Allied Insurance Company Ltd News

BoFA, CLSA, Motilal Oswal: Why are these brokerages bullish on Star Health?

In the quarter-ending March (Q4FY24) results, Star Health's net profit jumped 40 per cent to Rs 142.3 crore, as against Rs 101.8 crore in the same quarter a year ago

BoFA, CLSA, Motilal Oswal: Why are these brokerages bullish on Star Health?
Updated On : 02 May 2024 | 3:09 PM IST

Star Health Q4FY24 results: Net profit rises 40% to Rs 142 crore

The investment income in the quarter under review increased to Rs 3,953.3 crore, 35 per cent over Rs 2,915.2 crore from the January - March quarter of FY23 due to better interest rates

Star Health Q4FY24 results: Net profit rises 40% to Rs 142 crore
Updated On : 30 Apr 2024 | 6:25 PM IST

CLSA reiterates 'buy' on Star Health; sees 28% upside ahead

According to the report, Star has also rejected less claims till December FY24, though the company still had the highest rejection ratio

CLSA reiterates 'buy' on Star Health; sees 28% upside ahead
Updated On : 05 Mar 2024 | 10:53 AM IST

Apis Partners sells shares of insurance firm Star Health for Rs 553 crore

Private equity firm Apis Partners on Friday sold shares of health insurer Star Health and Allied Insurance Company for Rs 553 crore through an open market transaction. London-based Apis Partners through its affiliate Apis Growth 6 Ltd disposed of shares of Star Health on the BSE. According to the bulk deal data available with the BSE, Apis Growth 6 offloaded 1,00,00,000 shares of the company. The shares were sold at an average price of Rs 553.01 apiece, taking the deal size to Rs 553 crore. Meanwhile, ICICI Prudential Life Insurance Company acquired 30 lakh shares of Star Health and Allied Insurance through a bulk deal on the BSE. In a separate transaction, Apis Partners offloaded shares of Star Health and Allied Insurance Company for Rs 551 crore through open market transactions. Apis Growth 6 disposed of 99,60,728 shares of Star Health in two tranches at an average price of Rs 553 apiece, as per the block deal data on the BSE. This took the deal value to Rs 550.82 crore. Thes

Apis Partners sells shares of insurance firm Star Health for Rs 553 crore
Updated On : 01 Mar 2024 | 9:46 PM IST

Star Health Insurance Q3 results: Net profit rises 37.5% to Rs 289.55 cr

The net commission of the health insurer dropped 13.11 per cent (Y-o-Y) to Rs 349.85 crore from Rs 402.64 crore

Star Health Insurance Q3 results: Net profit rises 37.5% to Rs 289.55 cr
Updated On : 30 Jan 2024 | 8:23 PM IST