IGI Logo

Star Health and Allied Insurance Company is currently trading at Rs. 573.20, up by 0.60 points or 0.10% from its previous closing of Rs. 572.60 on the BSE.

The scrip opened at Rs. 572.65 and has touched a high and low of Rs. 577.40 and Rs. 562.10 respectively. So far 41049 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 674.95 on 11-Sep-2023 and a 52 week low of Rs. 477.00 on 01-Mar-2024.

Last one week high and low of the scrip stood at Rs. 591.00 and Rs. 562.10 respectively. The current market cap of the company is Rs. 33500.40 crore.

The promoters holding in the company stood at 57.92%, while Institutions and Non-Institutions held 37.71% and 4.36% respectively.

Star Health and Allied Insurance Company has entered into a strategic corporate agency agreement with Himachal Pradesh State Cooperative Bank (HPSCB), the leading bank of Himachal Pradesh. Through this partnership, Star Health Insurance aims to enhance access to health insurance across the region, particularly in rural areas where the bank holds a significant presence.

The partnership will enable Star Health Insurance to offer its comprehensive range of health insurance products to the bank's vast customer base by leveraging HPSCB's robust and extensive branch network of 262 branches. This collaboration aims to enhance the accessibility of health insurance solutions to residents of Himachal Pradesh, ensuring they are well-protected against unforeseen medical expenses. The Himachal Pradesh State Co-operative is performing a dual function in the state, one of an Apex Co-operative Bank in Himachal Pradesh to play a leading role in the development of Co-operatives in the State and second of a Co-operative Bank in 6 districts viz. Bilaspur, Chamba, Kinnaur, Mandi, Shimla and Sirmour. 

Star Health and Allied Insurance Company is providing sterling services in health, personal accident and overseas travel insurance etc.