Star Health - Focusing On Profitable Growth: Motilal Oswal

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Star Health and Allied Insurance Company Ltd. has tightened its underwriting standards to focus on high-quality business. We remain optimistic about the overall prospects for the company, backed by:strong growth in retail health, given under-penetration,strong push from the banca channel,sustained growth in specialized products, and deepening presence. .The company is expected to increase prices by 15-20% in Q1 FY25 for its senior citizen health insurance product and Young Star insurance product. These products account for ~10% of the total premium. In line with its target of doubling its gross written premium to Rs 300 billion and tripling its PAT to Rs 25 billion by FY28, we believe that Star Health can deliver long-term growth with investments made in profitable channels and products. We reiterate our Buy rating on the stock with a target price of Rs 730 (based on 30 times FY26E earnings per share)..Click on the attachment to read the full report:.Reliance Industries - Tariff Hike Of ~20% Largely Inline; Maintain Hold: Systematix.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Star Health - Focusing On Profitable Growth: Motilal Oswal

FY28 target for two times gross written premium and three times profit after tax; 100 basis points improvement in combined ratio in FY25

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Star Health - Focusing On Profitable Growth: Motilal Oswal

FY28 target for two times gross written premium and three times profit after tax; 100 basis points improvement in combined ratio in FY25

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