NSE: GICRE BSE: 540755 SECTOR: Insurance 54k 273 78
₹ 137
₹ 128.6
₹ 204
₹ 105
₹ 23886.16 Cr.
₹ 2803.03 Cr.
175.44 Cr.
4.31
0.82
₹ 5
1.65 %
₹ 166.47
₹ 21083.12 Cr.
₹ 0 Cr.
85.78 %
₹ 31.6
131.83
7.99 %
14.19%
4.44 %
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The company is present in 20 Indices.
NIFTY500
NIFTYLGEMID250
NFTFINSEREXBNK
NIFTYMIDCAP150
NIFTYMIDSMALL400
NIFTYTOTALMCAP
NY500MUL50:25:25
BSE200
BSE500
BSEPSU
MIDCAP
CPSE
FIN
S&P LARGEMIDCAP
S&P MIDSMLCAP
ALLCAP
SPBSEVIP
MID150
LMI250
MSL400
Track the companies of Group.
Holding Value: 20490.575 Cr.
As of December2022
The insurance industry of India consists of 57 insurance companies. Life insurance companies contribute about 42% and approximately 58% are coming from non-life (general) insurance companies. The insurance industry plays an important role in any country’s economic development. Growth in the insurance industry also increases the risk-taking capacity of the country as more individuals are covered for unforeseen events.
Post Liberation, the insurance sector has recorded significant growth. In the past year, the life insurance industry saw greater growth than it has seen in several decades. Increasing awareness, innovative products, and more distribution channels will create robust demand in the industry. Therefore, the future looks promising for the insurance industry.
Life and Health Insurance covers against loss of life whereas property & casualty insurance covers specific assets against losses.
Here are the few indispensable tools that should be a part of every investor’s research process.
PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). General Ins. Corp has a PE ratio of 4.31159970633655 which is low and comparatively undervalued .
Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for General Ins. Corp is Rs 2.25 and the yield is 1.6526 %.