Disclaimer: This article is for informational purposes only and does not constitute financial advice.
Star Health & Allied Insurance's stock has gained strong momentum, trading at around ₹421.65 as of May 16, 2025, marking six straight days of gains and outperforming the broader market.
The stock is above its 5-, 20-, 50-, and 100-day moving averages, showing short-term strength, but remains below the 200-day average, indicating some long-term caution.
Nuvama upgraded the stock from 'Hold' to 'Buy' with a target price of ₹440, suggesting a potential 27% upside. The company benefits from India's fast-growing health insurance market, expanding at a 19% CAGR.
However, the stock's year-to-date performance is still negative and has been volatile. Investors should be aware of risks before making decisions.
Post a comment
Stock of the day: Bharti Airtel
Bharti Airtel trades 2.55% lower at ₹1,824.50. Analysts remain optimistic despite volatility. With strong fundamentals...
8 Money Lessons to Learn Before You Turn 30!
CA Nitin Kaushik shares 8 smart money lessons to build financial discipline, avoid debt, and...
No Cash Crisis! SBI & PNB Break Silence on ATM...
Banks like SBI and PNB confirm ATMs are stocked, digital services are smooth, and there's...
Why the US Dollar Matters?
The USD dominates global finance — held by over 60% of central banks and used...
What is a Neo Bank and how does it operate?
Neo banks are fully digital financial platforms offering services like payments and lending via mobile...
