JM Financial retains Hold on Star Health, target price Rs 400

JM Financial has maintained Hold call on Star Health and Allied Insurance Company with a target price of Rs 400. The current market price of Star Health is Rs 443.0. The time period given by the analyst is a year when Star Health and Allied Insurance Company price can reach a defined target. Star Health and Allied Insurance Company, incorporated in 2005, is a Large Cap company with a market cap of Rs 25763.86 crore, operating in the Financial Services sector.

Star Health’s key products/revenue segments include Premiums Earned, Interest, Dividend & Rent and Income From Sale Of Share & Securities for the year ending 31-Mar-2024.

Financials
For the quarter ended 31-03-2025, the company has reported a Standalone Total Income of Rs 4087.70 crore, down -1.44% from last quarter Total Income of Rs 4147.58 crore and up 10.75% from last year same quarter Total Income of Rs 3690.98 crore. The company has reported net profit after tax of Rs .51 crore in the latest quarter. The company’s top management includes Mr.Anand Roy, Ms.Anisha Motwani, Ms.Rajni Sekhri Sibal, Mr.Rajeev Agarwal, Mr.Berjis Desai, Mr.Rohit Bhasin, Mr.Sumir Chadha, Mr.Utpal Sheth, Mr.Deepak Ramineedi. Company has V Sankar Aiyar & Co. as its auditors. As on 31-03-2025, the company has a total of 59 Crore shares outstanding.