Powered by: Motilal Oswal

News

Buy GICRE @ 406 with a target of 468 and a stop loss at 375 - Choice Broking Ltd GICRE is presently trading at ?406, having recently formed a cup and handle pattern with a notable surge in trading volume. This breakout suggests potential further upward movement, with projected price targets set at ?468. A significant support level is identified near ?387 on the downside.Furthermore, GICRE is currently trading above key Exponential Moving Averages (EMAs), including the 20-day, 50-day, 100-day, and 200-day EMAs. This indicates robust bullish momentum, signaling the likeliho...
Buy GICRE @ 406 with a target of 468 and a stop loss at 375 - Choice Broking Ltd
Buy GICRE @ 406 with a target of 468 and a stop loss at 375 - Choice Broking Ltd
Source: Choice Broking Ltd
2024-07-06 09:15:44 am
GIC Re announces Financial Performance for the year ended 31.03.2024 GIC Re announced financial performance for the year ended 31st March,2024 at the Board Meeting of company held in Mumbai today. We give below the details of our financial performance for the year ended 31.03.2024: Gross Premium Income of the company was Rs  37,181.76 crore for the year ended 31.03.2024 as compared to Rs 36,591.59 crore for the year ended 31.03.2023. Underwriting Loss is Rs 4,006.56 crore for the year ended 31.03.2024 as compared to Rs 2,341...
GIC Re announces Financial Performance for the year ended 31.03.2024
GIC Re announces Financial Performance for the year ended 31.03.2024
Source: PR Agency
2024-05-29 10:49:12 am
Funding of Rs.11,88,06,870/- from General Insurance Corporation of India to Village Social Transformation Foundation for `Mission Mahagram` Mumbai, Dt.11.03.2024: - Under the General Insurance Corporation of India (GIC Re),  CSR initiative  to fund  'Mission Mahagram', the MOU was signed between the Village Social Transformation Foundation(VSTF) and General Insurance Corporation of India.  The  MOU was signed in the presence of Chief Minister Eknath Shinde and Deputy Chief Minister Ajit Pawar. In this 'Mission Mahagram' various activities will be implemented in the next 3 years in 101 v...
Funding of Rs.11,88,06,870/- from General Insurance Corporation of India to Village Social Transformation Foundation for `Mission Mahagram`
Funding of Rs.11,88,06,870/- from General Insurance Corporation of India to Village Social Transformation Foundation for `Mission Mahagram`
Source: PR Agency
2024-03-12 12:56:44 pm
GIC Re`s scrip flares up to touch 52-week high of Rs 467 The national reinsurer General Insurance Corporation of India’s (GIC Re) scrip flared up to reach a 52 week high of Rs 467 on Thursday and came down later. The scrip opened at Rs 392.30 and shot up to Rs 467. The scrip then came down to change hands for about Rs 454. On Wednesday, the GIC Re scrip closed at Rs 404.25. The company on the back of a healthy investment income had closed the third quarter of FY24 with an after tax profit of Rs 1,517.95 crore up from Rs 1,199.01 crore l...
GIC Re`s scrip flares up to touch 52-week high of Rs 467
GIC Re`s scrip flares up to touch 52-week high of Rs 467
Source: IANS
2024-02-08 02:00:18 pm
New India Assurance stock zooms 17% PSU insurance companies stocks are zooming on Friday with New India Assurance up a massive 17 per cent. New India Assurance is up 17 per cent at Rs 204. General Insurance Corporation is up more than 12 per cent at Rs 297 on BSE. Both stocks hit 52 week highs. Life Insurance Corporation of India is up 7 per cent at Rs 662. GIC said that rating agency has re-affirmed the existing ratings & additionally assigned India National Scale Rating (NSR) to the General Insurance Corporation ...
New India Assurance stock zooms 17%
New India Assurance stock zooms 17%
Source: IANS
2023-11-24 12:33:01 pm
PSU insurers-owned HITPA to be strengthened with more business, new IT systems Upgrading technology, increasing the business from the four public sector general insurers, an d following the current market practices are some of the measures that are being thought of to strengthen the Health Insurance TPA of India Ltd (HITPA), said top industry officials. The HITPA is promoted by five government-owned insurers – National Insurance Company Ltd, The New India Assurance Company Ltd, The Oriental Insurance Company Ltd, United India Insurance Company Ltd, and General ...
PSU insurers-owned HITPA to be strengthened with more business, new IT systems
PSU insurers-owned HITPA to be strengthened with more business, new IT systems
Source: IANS
2023-11-17 09:35:19 am