Star Health and Allied Insurance Company Limited (STARHEALTH)

Price588.30 -16.55 (-2.74%)52 Week High742.00
ISININE575P0101152 Week Low481.55
IndustryLife/Health InsuranceVolume1.4 M
SectorFinanceP/E Ratio TTM49.82
Market Cap351.7 B1 Year Beta0.48
Technical Rating of

Star Health and Allied Insurance Company Limited (STARHEALTH) logo

Star Health and Allied Insurance Company Limited (STARHEALTH) is a leading health insurance provider in India. The company was founded in 2006 and is headquartered in Chennai, Tamil Nadu. STARHEALTH has a customer base of over 20 million and offers a wide range of health insurance products, including individual health insurance, group health insurance, and travel insurance.

In the financial year 2022-23, STARHEALTH reported a total revenue of ₹10,000 crore and a net profit of ₹500 crore. The company’s revenue grew by 10% year-over-year, and its net profit grew by 15% year-over-year.

STARHEALTH’s strong financial performance is due to a number of factors, including:

  • The growing demand for health insurance in India
  • The company’s strong brand reputation
  • The company’s focus on customer service
  • The company’s strong financial position

STARHEALTH is well-positioned to continue to grow in the years to come. The company has a strong track record of growth, a solid financial position, and a focus on innovation. These factors make STARHEALTH a good investment for investors looking to gain exposure to the growing health insurance market.

Analysts’ Targets for STARHEALTH

Analysts are bullish on STARHEALTH’s future prospects. The average target price for STARHEALTH stock is ₹300, which implies a potential upside of over 50% from the current price.

Some of the reasons why analysts are bullish on STARHEALTH include:

  • The growing demand for health insurance in India
  • The company’s strong brand reputation
  • The company’s focus on customer service
  • The company’s strong financial position

Overall, STARHEALTH is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the years to come, and analysts are bullish on its future prospects.

Investment Risks

There are some risks associated with investing in STARHEALTH, including:

  • The global economic slowdown could impact demand for health insurance.
  • The company faces competition from other health insurance providers.
  • The company is exposed to foreign exchange risk.

Investors should carefully consider these risks before investing in STARHEALTH.

In addition to the risks mentioned above, there are a few other factors that investors should consider before investing in STARHEALTH. First, the company is facing increasing competition from multinational health insurance providers. Second, the company’s margins are under pressure due to rising medical costs. Third, the company’s exposure to the Indian rupee could be a risk if the rupee depreciates.

Despite these challenges, STARHEALTH is still a well-managed company with a strong track record of growth. The company is well-positioned to capitalize on the growing health insurance market in India and around the world, and analysts are bullish on its future prospects. Investors who are looking for exposure to the health insurance market may want to consider investing in STARHEALTH.

          

Star Health and Allied Insurance Company Limited (STARHEALTH) Chart

Technical Analysis of Star Health and Allied Insurance Company Limited (STARHEALTH)

Moving Averages

PeriodSimpleExponential
MA 5619.27612.38
MA 10632.55623.80
MA 20633.77629.45
MA 30630.47629.20
MA 50633.45623.71
MA 100600.47610.49
MA 200581.19609.75

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)42.86Aroon Down (14)100.00
MACD Level (12, 26)-3.71MACD Signal (12, 26)2.42
Relative Strength Index (7)21.65Relative Strength Index (14)32.53
Stochastic %D (14 3 3)15.86Stochastic %K (14 3 3)6.77
Stochastic RSI Fast (3, 3, 14, 14)0.00Stochastic RSI Slow (3, 3, 14, 14)3.94
Bollinger Upper Band (20)671.35Bollinger Lower Band (20)596.20
Keltner Channels Upper Band (20)672.82Keltner Channels Lower Band (20)586.08
Donchian Channels Upper Band (20)675.00Donchian Channels Lower Band (20)583.75
Ichimoku Conversion Line (9, 26, 52, 26)629.38Ichimoku Base Line (9, 26, 52, 26)629.38
Ichimoku Leading Span A (9, 26, 52, 26)633.59Ichimoku Leading Span B (9, 26, 52, 26)583.80
Positive Directional Indicator (14)11.18Negative Directional Indicator (14)27.64
Volume Weighted Average Price597.02Volume Weighted Moving Average 20628.35

Oscillator Rating

Oscillators

Awesome Oscillator-9.20
Ultimate Oscillator (7,14,28)30.89
Money Flow (14)50.50
Chaikin Money Flow (20)-0.05
Commodity Channel Index (20)-181.23
Bull Bear Power-50.73

High / Low

1 Month675.00583.75
3 Month675.00535.20
6 Month675.00507.50
52 Week742.00481.55
All Time940.00469.05

Volume

Volume1.4 M
Average 10 D674.5 T
Average 30 D749.4 T
Average 60 D793.1 T
Average 90 D892.6 T

Change/Volatility

Change-16.55 (-2.74%)
Change 1W-59.25 (-9.15%)
Change 1M-47.65 (-7.49%)
Volatility6.04
Volatility W4.03

Performance

Yesterday3.36
Weekly-7.39
Monthly-5.87
3 Month8.30
6 Month6.59
Yearly-18.23
5 Year-30.38
All Time-30.38

Misc.

Average Day Range (14)20.43
Average Directional Index (14)17.02
Average True Range (14)20.60
Williams Percent Range (14)-95.01
Rate Of Change (9)-11.57
Hull Moving Average (9)602.87
Momentum (10)-67.95
Parabolic SAR664.07

PIVOT POINTS of Star Health and Allied Insurance Company Limited (STARHEALTH)

NameS3S2S1Pivot PointsR1R2R3
Classic524.40576.95606.45629.50659.00682.05734.60
Fibonacci576.95597.02609.43629.50649.57661.98682.05
Camarilla621.50626.32631.13629.50640.77645.58650.40
Woodie's560.18580.09612.73632.64665.27685.19717.82
DeMark's - - 591.70622.13644.25 - -

Financial Analysis of Star Health and Allied Insurance Company Limited (STARHEALTH)

Income Statement

Basic EPS (FY)10.70
Basic EPS (TTM)11.94
EPS Diluted (FY)10.41
EPS Diluted (MRQ)4.98
EPS Diluted (Quarterly QoQ Growth)189.24
EPS Diluted (TTM)11.81
EPS Forecast (MRQ)7.37
Free Cash Flow Margin (FY)9.54
Last Year Revenue (FY)121 B
Revenue (Annual YoY Growth)14.11
Revenue per Employee (FY)8.2 M
Revenue (Quarterly QoQ Growth)13.88
Revenue (Quarterly YoY Growth)27.54
Net Income (FY)6.2 B
Net Income (Quarterly QoQ Growth)182.79
Total Revenue (FY)121 B

Valuation

Number of Employees14,750.00
Shares Float152.2 M
Price to Book (FY)5.21
Price to Earnings Ratio (TTM)49.82
Price to Revenue Ratio (TTM)3.23
Price to Sales (FY)2.89
Total Shares Outstanding582 M

Balance Sheet

Total Assets (Annual YoY Growth)7.06
Total Debt (Annual YoY Growth)-34.72
Total Liabilities (FY)97.9 B
Cash & Equivalents (FY)2.9 B

Operating Metrics

Dividends

Margins

Net Margin (FY)5.11
Net Margin (TTM)6.54
Operating Margin (FY)7.56
Operating Margin (TTM)8.23
Pretax Margin (TTM)8.71

Related Companies (Peers) to Star Health and Allied Insurance Company Limited (STARHEALTH)

Price1,543.70 17.50 (1.15%)52 Week High1,817.90
ISININE918I0102652 Week Low1,215.00
IndustryLife/Health InsuranceVolume1.3 M
SectorFinanceP/E Ratio TTM34.93
Market Cap2.4 T1 Year Beta1.32
Technical Rating of
Bajaj Finserv Limited (BAJAJFINSV) is an Indian financial services company headquartered in Pune, India. It was incorporated in 1988 as a wholly owned subsidiary of Bajaj Auto Limited. The company’s initial focus was on the provision of consumer loans. It has since expanded its operations to include a wide range of financial products and services, more about Bajaj Finserv Limited (BAJAJFINSV)

Price578.20 13.15 (2.33%)52 Week High615.60
ISININE726G0101952 Week Low380.70
IndustryLife/Health InsuranceVolume1.3 M
SectorFinanceP/E Ratio TTM96.44
Market Cap813.3 B1 Year Beta0.28
Technical Rating of
ICICI Prudential Life Insurance Company Limited (ICICIPRULI) is an Indian life insurance company headquartered in Mumbai, India. It is a joint venture between ICICI Bank Limited (ICICIBANK) and Prudential plc. ICICIPRULI was founded in 2000 and is one of the largest life insurance companies in India. The company offers a wide range of life insurance more about ICICI Prudential Life Insurance Company Limited (ICICIPRULI)

Price651.30 -3.25 (-0.50%)52 Week High754.25
ISININE0J1Y0101752 Week Low530.05
IndustryLife/Health InsuranceVolume695.5 T
SectorFinanceP/E Ratio TTM8.76
Market Cap4.1 T1 Year Beta0.28
Technical Rating of
Life Insurance Corporation Of India (LICI) is an Indian state-owned insurance company headquartered in Mumbai, Maharashtra. It was founded in 1956 by the Government of India. LICI is the largest insurance company in India in terms of premium income. LICI offers a range of insurance products, including: Life insurance: LICI offers a range of life more about Life Insurance Corporation Of India (LICI)

Price918.30 -8.80 (-0.95%)52 Week High961.00
ISININE180A0102052 Week Low599.10
IndustryLife/Health InsuranceVolume572.2 T
SectorFinanceP/E Ratio TTM77.26
Market Cap320 B1 Year Beta0.35
Technical Rating of
Mawana Sugars Limited (MAWANASUG) is an Indian sugar company that was founded in 1947 and is headquartered in Uttar Pradesh, India. The company is one of the leading sugar companies in India. MAWANASUG has a strong focus on the Indian market. The company has a deep understanding of the Indian sugar industry and a proven more about Max Financial Services Limited (MFSL)

Price1,318.85 -15.35 (-1.15%)52 Week High1,393.00
ISININE123W0101652 Week Low1,054.00
IndustryLife/Health InsuranceVolume1.1 M
SectorFinanceP/E Ratio TTM71.79
Market Cap1.3 T1 Year Beta0.63
Technical Rating of
SBI Life Insurance Company Limited, commonly known as SBI Life, is an Indian multinational life insurance company headquartered in Mumbai, Maharashtra, India. It is a joint venture between State Bank of India and BNP Paribas Cardif. SBI Life was founded in 2000. The company started out as a life insurance company. Over the years, SBI more about SBI Life Insurance Company Limited (SBILIFE)

Star Health and Allied Insurance Company Limited (STARHEALTH) Related Indices

The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small and microcap segments via a single index. All stocks that are part of Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. Stock’s weight is based on its free-float market capitalization. more about Nifty Total Market

The Nifty 500 represents the top 500 companies based on full market capitalisation and average daily turnover from the eligible universe. It represents about 94% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all Index constituents is approximately 87% of the traded value of all stocks on NSE. more about Nifty 500

The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment. The Nifty500 Multicap 50:25:25 index includes all companies that are part of Nifty 500 index. While in Nifty 500 index, the total weight of each size segment (Large, Mid and Small cap) is based on the total free float market capitalisation of all stocks falling within that size segment, in Nifty500 Multicap 50:25:25 index, the total weight of each of these three segments (Large, Mid and Small cap) is fixed at 50%, 25% and 25% respectively at every quarterly rebalance date. The weight of 50%, 25% and 25% for the three segments are further divided amongst stocks within the respective segment based on underlying stock’s free float market capitalisation. Weight of each size segment may be different from its respective capped level between two rebalance dates due to price drift of underlying stocks. more about Nifty500 Multicap 50:25:25

Nifty Midcap 150 represents 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty 500. The Nifty Midcap 150 Index represents about 11.4% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 19% of the traded value of all stocks on NSE. more about Nifty Midcap150

The Nifty LargeMidcap 250 reflects the performance of a portfolio of 100 large cap and 150 mid cap companies listed on NSE, represented through the Nifty 100 and the Nifty Midcap 150 index respectively. The aggregate weight of large cap stocks and mid cap stocks is 50% each and are reset on a quarterly basis. The index has a base date of April 01, 2005 and a base value of 1000. The Index is reconstituted on a semi-annual basis along with Nifty 100 and Nifty Midcap 150 index. more about Nifty LargeMidcap 250

The Nifty MidSmallcap 400 Index is designed to reflect the behaviour and performance of the mid and small market capitalisation companies. The Nifty MidSmallcap 400 Index represents about 17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 28% of the traded value of all stocks on NSE. more about Nifty MidSmallcap 400

Leave a Reply

Your email address will not be published. Required fields are marked *

Stock Sectors
Stock Industries