Star Health and Allied Insurance Shares Surge 13% Following Strong Q4 Results
Star Health and Allied Insurance shares rally 13% on strong Q4 numbers
Business StandardImage: Business Standard
Star Health and Allied Insurance Company shares rose by 13.32% after reporting a profit after tax of ₹911 crore for Q4 FY26, reflecting a 16% year-on-year growth. The company also achieved a gross written premium of ₹20,369 crore, bolstering its market position in India's retail health insurance segment.
- 01Star Health shares increased by 13.32% after Q4 results announcement.
- 02The company reported a profit after tax of ₹911 crore, a 16% year-on-year growth.
- 03Gross written premium for FY26 reached ₹20,369 crore, also up 16% year-on-year.
- 04The combined ratio improved to 98.8% for FY26, indicating better operational efficiency.
- 05The brokerage firm Motilal Oswal maintains a 'Buy' rating on the stock.
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Shares of Star Health and Allied Insurance Company experienced a significant rise of 13.32% on the National Stock Exchange (NSE), reaching an intra-day high of ₹586.25 after the release of its financial results for the quarter and year ending March 31, 2026. By midday, the stock was trading at ₹537.40, reflecting a 3.89% increase from the previous close of ₹517.30. The company's profit after tax (PAT) for Q4 FY26 was reported at ₹911 crore, marking a 16% year-on-year growth, driven by premium growth and improved operational metrics. Star Health's gross written premium (GWP) for the fiscal year amounted to ₹20,369 crore, also reflecting a 16% year-on-year increase. The company maintained its leadership in the retail health insurance market, holding a 31% market share. The combined ratio improved to 98.8% from 101.1% in FY25, indicating enhanced operational efficiency. CEO Anand Roy highlighted the company's focus on prudent underwriting and digital adoption to improve customer experience. Brokerage firm Motilal Oswal Financial Services has a 'Buy' rating on Star Health, noting strong premium growth in Q4 FY26 and optimistic prospects for the company's future.
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The strong financial results may lead to increased investor confidence in Star Health, potentially influencing stock performance and market sentiment in the health insurance sector.
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