Analysts see 20% upside in this Rakesh Jhunjhunwala-backed stock; do you own it?
Ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together own a 17.51% stake in this health insurance company.
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This Rakesh Jhunjhunwala-backed stock jumps 5%; analysts see more upside
Analysts at Motilal Oswal have initiated a ‘buy’ coverage on the stock with a target price of ₹750 per share amid earnings optimism and improvement in the overall health insurance industry.
Best performing insurers
Covid-19 has managed to boost the awareness and penetration of insurance, giving a leg-up to the industry.
Insurance sector seeks higher tax deduction u/s 80C, 80D
Currently, all financial purchases are clubbed under the same section 80C for deduction under the income tax, capped at ₹1,50,000.
Predictions 2022: Coming Soon! Smoother documentation, claim processing in insurance
The government and insurance companies will focus on enabling the “missing middle” with equitable and affordable health insurance options.
The resilience of the insurance industry
The path to recovery may not be an easy one, but the industry will continue to play a pivotal role in getting the nation back on its feet.
Budget 2020: Boosting the insurance sector
No country has become a developed nation without a solid base of Insurance which is stable and well regulated.
Manipal bets on health insurance
The billionaire entrepreneur is looking at expanding beyond his established healthcare and education businesses as he sees potential in the ₹44,000 crore Indian health insurance market.
