GIC - General Insurance Corporation of India Share Price

  • 395.051.00 (0.26%)
  • Volume: 9,62,043
  • Closed
  • Last Updated On: 18 Sep, 2024, 04:00 PM IST
Loading...

GIC - General Insurance Corporation of India Share Price

  • 395.051.00 (0.26%)
  • Volume: 9,62,043
Advertisment

GIC share price insights

View All
  • In the last 6 years, only 3.34 % trading sessions saw intraday gains higher than 5 % .

  • Company has no debt since last 5 years. (Source: Consolidated Financials)

  • Company witnessed QoQ revenue growth of 24.24%, which is highest in the last 3 years. (Source: Consolidated Financials)

  • 5 day moving crossover appeared yesterday. Average price gain of 4.46% within 7 days of this signal in last 5 years.

  • General Insurance Corporation of India share price moved up by 0.26% from its previous close of Rs 394.05. General Insurance Corporation of India stock last traded price is 395.05

    Share PriceValue
    Today/Current/Last395.05
    Previous Day394.05393.90

InsightsGIC

    Do you find these insights useful?

    • hate it

    • meh

    • love it

    Key Metrics

    PE Ratio
    (x)
    9.75
    EPS - TTM
    (₹)
    40.52
    MCap
    (₹ Cr.)
    69,132.13
    Sectoral MCap Rank
    8
    PB Ratio
    (x)
    1.25
    Div Yield
    (%)
    2.53
    Face Value
    (₹)
    5.00
    Beta

    Beta

    1 Month0.12
    3 Months0.55
    6 Months0.81
    1 Year0.44
    3 Years-

    0.12
    VWAP
    (₹)
    394.51
    52W H/L
    (₹)
    467.80 / 212.15

    GIC Share Price Returns

    1 Day0.26%
    1 Week2.6%
    1 Month2.8%
    3 Months1.95%
    1 Year70.72%
    3 Years167.29%
    5 Years114.58%

    ET Stock ScreenersTop Score Companies

    Check whether GIC belongs to analysts' top-rated companies list?

    View Stock Screeners

    GIC Share Analysis

    Unlock Stock Score, Analyst' Ratings & Recommendations

    Share Analysis Non Prime User
    • View Stock Score on a 10-point scale
    • See ratings on Earning, Fundamentals, Valuation, Risk & Price
    • Check stock performance
    JOIN ET PRIME

    GIC Share Recommendations

    Recent Recos

    HOLD

    Current

    Mean Recos by 4 Analysts

    Strong
    Sell
    SellHoldBuyStrong
    Buy
    • Target₹185
    • OrganizationICICI Securities
    • BUY
    • Target₹340
    • OrganizationICICI Securities
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy----
    Buy1112
    Hold----
    Sell3332
    Strong Sell----
    # Analysts4444

    GIC Financials

    • Insights

      • Quarterly Topline Performance

        Company witnessed QoQ revenue growth of 24.24%, which is highest in the last 3 years. (Source: Consolidated Financials)
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income12,903.5410,385.5811,352.1413,465.8911,353.25
      Total Income Growth (%)24.24-8.51-15.7018.6121.79
      Total Expenses11,413.406,702.359,531.9211,610.5210,199.67
      Total Expenses Growth (%)70.29-29.69-17.9013.8361.99
      EBIT1,490.143,683.231,820.221,855.371,153.58
      EBIT Growth (%)-59.54102.35-1.8960.84-61.87
      Profit after Tax (PAT)1,400.662,580.421,438.841,688.95977.66
      PAT Growth (%)-45.7279.34-14.8172.75-64.18
      EBIT Margin (%)11.5535.4616.0313.7810.16
      Net Profit Margin (%)10.8524.8512.6712.548.61
      Basic EPS (₹)7.9814.7123.4015.205.57
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income12,822.7110,332.1711,328.7613,459.2111,267.96
      Total Income Growth (%)24.10-8.80-15.8319.4521.70
      Total Expenses11,429.566,573.339,404.9411,611.6110,332.79
      Total Expenses Growth (%)73.88-30.11-19.0012.3865.21
      EBIT1,393.153,758.841,923.821,847.60935.17
      EBIT Growth (%)-62.9495.384.1397.57-68.87
      Profit after Tax (PAT)1,036.362,642.481,517.961,605.09731.77
      PAT Growth (%)-60.7874.08-5.43119.34-71.46
      EBIT Margin (%)10.8636.3816.9813.738.30
      Net Profit Margin (%)8.0825.5813.4011.936.49
      Basic EPS (₹)5.9115.0621.9713.324.17
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue46,556.8747,750.4649,739.3248,594.3752,098.44
      Total Revenue Growth (%)-2.50-4.002.36-6.7315.59
      Total Expenses38,044.4739,206.7445,984.6745,525.0552,464.11
      Total Expenses Growth (%)-2.96-14.741.01-13.2327.28
      Profit after Tax (PAT)6,685.876,907.312,386.281,991.59-186.46
      PAT Growth (%)-3.21189.4619.82--106.76
      Operating Profit Margin (%)18.7618.257.696.44-0.70
      Net Profit Margin (%)14.7314.614.814.09-0.35
      Basic EPS (₹)38.1139.3713.6011.35-1.06
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue46,368.0947,426.9049,378.3848,484.6255,025.05
      Total Revenue Growth (%)-2.23-3.951.84-11.8923.96
      Total Expenses37,902.6639,164.9145,818.2445,321.2455,471.02
      Total Expenses Growth (%)-3.22-14.521.10-18.3035.45
      Profit after Tax (PAT)6,497.306,312.502,005.741,920.44-359.09
      PAT Growth (%)2.93214.724.44--116.14
      Operating Profit Margin (%)18.7317.747.346.64-0.81
      Net Profit Margin (%)14.3713.434.073.96-0.65
      Basic EPS (₹)37.0335.9811.4310.95-2.05

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Zero Debt Burden

        Company has no debt since last 5 years. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets1,84,452.241,62,730.741,51,840.551,40,264.641,20,581.19
      Total Assets Growth (%)13.357.178.2516.32-1.33
      Total Liabilities1,29,195.681,17,546.001,23,013.521,07,801.2193,385.84
      Total Liabilities Growth (%)9.91-4.4414.1115.445.74
      Total Equity55,256.5645,184.7428,827.0232,463.4327,195.35
      Total Equity Growth (%)22.2956.74-11.2019.37-19.76
      Current Ratio (x)0.480.490.510.530.60
      Total Debt to Equity (x)0.000.000.000.000.00
      Contingent Liabilities0.0021,235.6024,411.2011,966.5910,437.86
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets1,78,285.811,57,124.601,44,887.371,34,661.221,16,196.20
      Total Assets Growth (%)13.478.457.5915.89-2.26
      Total Liabilities1,26,290.701,15,147.821,18,754.911,04,457.7290,997.55
      Total Liabilities Growth (%)9.68-3.0413.6914.794.46
      Total Equity51,995.1141,976.7926,132.4630,203.5025,198.65
      Total Equity Growth (%)23.8760.63-13.4819.86-20.68
      Current Ratio (x)0.480.490.500.520.60
      Total Debt to Equity (x)0.000.000.000.000.00
      Contingent Liabilities0.0020,550.2624,411.2017,016.6810,437.86

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Decrease in Cash from Investing

        Company has used Rs 8872.14 cr for investing activities which is an YoY decrease of 11.27%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities11,144.4511,722.249,007.2213,283.618,616.98
      Net Cash used in Investing Activities-8,872.14-9,999.19-6,679.29-10,453.20-4,595.16
      Net Cash flow from Financing Activities-1,263.17-394.74---1,427.65
      Net Cash Flow1,152.742,251.102,862.532,482.073,173.60
      Closing Cash & Cash Equivalent24,855.1823,702.4421,451.3418,588.8116,106.73
      Closing Cash & Cash Equivalent Growth (%)4.8610.4915.4015.4124.54
      Total Debt/ CFO (x)0.000.000.000.000.00
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities10,743.7911,349.128,341.8512,823.668,224.59
      Net Cash used in Investing Activities-8,514.51-9,594.55-6,074.77-10,118.88-4,334.68
      Net Cash flow from Financing Activities-1,263.17-394.74---1,427.65
      Net Cash Flow1,104.602,201.172,789.032,440.313,005.88
      Closing Cash & Cash Equivalent24,388.8823,284.2921,083.1218,294.0915,853.78
      Closing Cash & Cash Equivalent Growth (%)4.7410.4415.2515.3923.40
      Total Debt/ CFO (x)0.000.000.000.000.00

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • ROE Outperforming 5 Year Average

        Company delivered ROE of 12.09% in year ending Mar 31, 2024 outperforming its 5 year avg. of 9.41%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)12.0915.288.276.13-0.68
      Return on Capital Employed (%)9.9312.786.355.85-0.94
      Return on Assets (%)3.624.241.571.41-0.15
      Interest Coverage Ratio (x)0.00106.9261.0651.670.00
      Asset Turnover Ratio (x)0.260.300.350.370.43
      Price to Earnings (x)8.673.408.3817.61-99.01
      Price to Book (x)1.050.520.691.080.68
      EV/EBITDA (x)3.88-0.02-0.385.22-6.28
      EBITDA Margin (%)18.7618.277.726.47-0.70
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)12.4915.037.676.35-1.42
      Return on Capital Employed (%)10.2612.976.316.29-1.21
      Return on Assets (%)3.644.011.381.42-0.30
      Interest Coverage Ratio (x)0.00107.6261.2853.480.00
      Asset Turnover Ratio (x)0.270.310.350.390.47
      Price to Earnings (x)8.913.729.9718.25-51.28
      Price to Book (x)1.110.560.761.160.73
      EV/EBITDA (x)3.960.03-0.305.16-5.72
      EBITDA Margin (%)18.7317.767.376.67-0.81

    Financial InsightsGIC

    • Income (P&L)
    • Balance Sheet
    • Cash Flow
    • Ratios
      • Quarterly Topline Performance

        Company witnessed QoQ revenue growth of 24.24%, which is highest in the last 3 years. (Source: Consolidated Financials)

      • Zero Debt Burden

        Company has no debt since last 5 years. (Source: Consolidated Financials)

      • Decrease in Cash from Investing

        Company has used Rs 8872.14 cr for investing activities which is an YoY decrease of 11.27%. (Source: Consolidated Financials)

      • ROE Outperforming 5 Year Average

        Company delivered ROE of 12.09% in year ending Mar 31, 2024 outperforming its 5 year avg. of 9.41%. (Source: Consolidated Financials)

    Do you find these insights useful?

    • hate it

    • meh

    • love it

    GIC Share Price Forecast

    • Get multiple analysts’ prediction on GIC

      Stock Forecast Non Prime User
      • High, low, medium predictions for Price
      • Upcoming predictions for Revenue
      • Details about company earnings
      START FREE TRIAL
    • Get multiple analysts’ prediction on GIC

      Stock Forecast Non Prime User
      • High, low, medium predictions for Price
      • Upcoming predictions for Revenue
      • Details about company earnings
      START FREE TRIAL
    • Get multiple analysts’ prediction on GIC

      Stock Forecast Non Prime User
      • High, low, medium predictions for Price
      • Upcoming predictions for Revenue
      • Details about company earnings
      START FREE TRIAL

    GIC Technicals

    • Bullish / Bearish signals for GIC basis selected technical indicators and moving average crossovers.

      5 Day EMA Crossover

      Bullish signal on daily chart

      Appeared on: 18 Sep 2024

      5D EMA: 394.40

      Last 4 Buy Signals:16 Sep 2024
      Date7 days Gain/Loss %
      16 Sep 2024False Signal
      9 Sep 20240.57%
      2 Sep 20241.66%
      19 Aug 20246.41%

      Average price gain of 4.46% within 7 days of Bullish signal in last 5 years

      Heikin-Ashi Changeover

      Bullish indication on daily chart

      • Prev. Close Price

        394.64

      • LTP

        395.05

      Formed on:18 Sep 2024

      On daily price chart, Heikin-Ashi candle changed from Red to Green

      Show More
    • 40%
      Positive Movement since
      1st Jan 2005 on basis
      59%
      Negative Movement since
      1st Jan 2005 on basis
      Exclude
    • Pivot Levels

      R1R2R3PIVOTS1S2S3
      Classic397.10399.15403.45394.85392.80390.55386.25

      Average True Range

      5 DAYS14 DAYS28 DAYS
      ATR8.5913.1015.54

    GIC Peer Comparison

    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 167.29% as compared to Nifty 100 which gave a return of 48.18%. (as of last trading session)
      • Stock Returns vs Nifty Financial Services

        Stock generated 167.29% return as compared to Nifty Financial Services which gave investors 29.85% return over 3 year time period. (as of last trading session)
      • There’s no suggested peer for this stock.
      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
      Loading...
    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 167.29% as compared to Nifty 100 which gave a return of 48.18%. (as of last trading session)
      • Stock Returns vs Nifty Financial Services

        Stock generated 167.29% return as compared to Nifty Financial Services which gave investors 29.85% return over 3 year time period. (as of last trading session)

      Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
      GIC9.751.2512.099.933.62-1.4018.7614.3438.110.480.000.00
      Add More stocks of your interest to compare.
      Annual Ratios (%)

      Choose from Peers

        Choose from Stocks

        Peers InsightsGIC

          Do you find these insights useful?

          • hate it

          • meh

          • love it

          GIC Shareholding Pattern

          • Loading...
            Showing GIC Shareholding as on 30 Jun 2024
            Category30 Jun 202431 Mar 202431 Dec 202330 Sep 2023
            Promoters85.7885.7885.7885.78
            Pledge0.000.000.000.00
            FII1.050.870.950.86
            DII10.059.929.989.89
            Mutual Funds0.290.150.220.13
            Others3.123.423.283.46
          • Showing Shareholding as on 30 Jun 2024
            CategoryNo. of SharesPercentage% Change QoQ
            Promoters1,50,50,00,00085.78 %0.00
            Pledge00.00 %0.00
            FII1,84,22,3361.05 %0.18
            DII17,66,05,41110.05 %0.13
            MF51,71,7410.29 %0.13
            Others5,43,72,2533.12 %-0.30

          GIC MF Ownership

          MF Ownership details are not available.

          GIC Corporate Actions

          • Meeting DateAnnounced onPurposeDetails
            Aug 09, 2024Aug 01, 2024Board MeetingQuarterly Results
            May 28, 2024May 17, 2024Board MeetingAudited Results & Dividend
            Apr 15, 2024Apr 05, 2024Board MeetingOthers
            Feb 07, 2024Jan 29, 2024Board MeetingQuarterly Results
            Dec 08, 2023Dec 01, 2023Board MeetingOthers
          • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
            Final200%10.0Sep 11, 2024May 28, 2024
            Final144%7.2Sep 08, 2023May 25, 2023
            Final45%2.25Jun 07, 2022May 27, 2022
            Final135%6.75Jul 19, 2019May 23, 2019
            Final270%13.5Jul 12, 2018May 25, 2018
          • All TypesEx-DateRecord DateAnnounced onDetails
            BonusJul 12, 2018Jul 14, 2018May 25, 2018Bonus Ratio: 1 share(s) for every 1 shares held

          About GIC

          General Insurance Corporation of India, incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 69,307.57 Crore) operating in Financial Services sector. General Insurance Corporation of India key Products/Revenue Segments include Miscellaneous Insurance, Fire Insurance, Other Operating Revenue, Marine Insurance and Life Insurance for the year ending 31-Mar-2022. Show More

          • Executives

          • Auditors

          • DS

            Devesh Srivastava

            Chairman & Managing Director
            AM

            A Manimekhalai

            Non Executive Director
            MP

            M P Tangirala

            Non Executive Director
            PB

            Priya Bhushan Sharma

            Non Executive Director
            Show More
          • D R Mohnot & Co.
            PKF Sridhar & Santhanam�LLP
            J Singh & Associates
            Samria & Co

          FAQs about GIC share

          • 1. What's the GIC share price today?
            As on 18 Sep, 2024, 04:00 PM IST GIC share price was up by 0.26% basis the previous closing price of Rs 395. GIC share price was Rs 395.05. Return Performance of GIC Shares:
            • 1 Week: GIC share price moved up by 2.60%
          • 2. What is the PE & PB ratio of GIC?
            The PE ratio of GIC stands at 9.72, while the PB ratio is 1.25.
          • 3. Should I buy, sell or hold GIC?
            As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 4 analysts for GIC stock is to Hold. Recommendation breakup is as follows
            • 1 analyst is recommending to Buy
            • 3 analysts are recommending to Sell
          • 4. Who's the chairman of GIC?
            Devesh Srivastava is the Chairman & Managing Director of GIC
          • 5. Who's the owner of GIC?
            Following are the key changes to GIC shareholding:
            • Promoter holding has not changed in last 9 months and holds 85.78 stake as on 30 Jun 2024
            • Domestic Institutional Investors holding has gone up from 9.89 (30 Sep 2023) to 10.05 (30 Jun 2024)
            • Foreign Institutional Investors holding has gone up from 0.86 (30 Sep 2023) to 1.05 (30 Jun 2024)
            • Other investor holding have gone down from 3.46 (30 Sep 2023) to 3.12 (30 Jun 2024)
          • 6. What is the CAGR of GIC?
            The CAGR of GIC is -1.69.
          • 7. What are the key metrics to analyse GIC Share Price?
            Key Metrics for GIC are:
            • PE Ratio of GIC is 9.75
            • Price/Sales ratio of GIC is 1.28
            • Price to Book ratio of GIC is 1.25
          • 8. What are the returns for GIC share?
            Return Performance of GIC Shares:
            • 1 Week: GIC share price moved up by 2.60%
          • 9. What dividend is GIC giving?
            An equity Final dividend of Rs 10 per share was declared by General Insurance Corporation of India on 28 May 2024. So, company has declared a dividend of 200% on face value of Rs 5 per share. The ex dividend date was 11 Sep 2024.
          • 10. What are the GIC quarterly results?
            Total Revenue and Earning for GIC for the year ending 2024-03-31 was Rs 46556.87 Cr and Rs 6685.87 Cr on Consolidated basis. Last Quarter 2024-06-30, GIC reported an income of Rs 12903.54 Cr and profit of Rs 1400.66 Cr.
          • 11. What is 52 week high/low of GIC share price?
            52 Week high of GIC share is Rs 467.80 while 52 week low is Rs 212.15
          • 12. What's the market capitalization of GIC?
            Market Capitalization of GIC stock is Rs 69,132.13 Cr.

          Trending in Markets

          Top Gainers As on 04:00 PM | 18 Sep 2024

          BSE3,896.15
          562.46 (16.88%)
          Graphite India586.35
          49.96 (9.32%)
          HEG2,290.50
          182.06 (8.64%)
          Torrent Power1,932.90
          152.86 (8.59%)
          Alkyl Amines2,367.05
          149.56 (6.75%)

          Top Losers As on 04:03 PM | 18 Sep 2024

          Oracle11,259.50
          -1020.96 (-8.32%)
          Blue Dart8,574.15
          -679.50 (-7.35%)
          Mphasis3,004.40
          -173.41 (-5.46%)
          JM Financial125.43
          -6.16 (-4.68%)
          Triveni Engg479.75
          -21.61 (-4.31%)

          DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

          DISCLAIMER: Any and all content on this website including tools/analysis is provided to you only for convenience and on an “as-is, as- available” basis without representation and warranties of any kind. The content and any output of such tools/analysis is for informational purposes only and should not be relied upon or construed as an investment advice or guarantee for any specific performance/returns advice or considered as recommendation for the purchase or sale of any security or investment. You are advised to exercise caution, discretion and independent judgment with regards to the same and seek advice from professionals and certified experts before taking any decisions.

          By using this site, you agree to the Terms of Service and Privacy Policy.

          The Economic Times